I have looked at the general logic of the IMF’s new role in financial globalization against the background of Bretton Woods responses to the Great Depression (Part I) and explored the political economy of current practice through case studies of the Asian crisis (Part II). It is now time to draw together the lessons learnt. This chapter will provide a critical evaluation of the Fund’s new role, explore the politics that shape it and use the lessons drawn to assess post-crisis reforms and the new international financial architecture.


Depression Europe Malaysia Argentina Stake 


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Copyright information

© Ben Thirkell-White 2005

Authors and Affiliations

  • Ben Thirkell-White
    • 1
  1. 1.School of International RelationsUniversity of St AndrewsUK

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