Like this work’s predecessors, the fifth volume in the series is mandated to be a frank, unbiased history rather than a laudatory tribute to the International Monetary Fund. The prologue offers
an overview of the full history beginning with 10 events and 10 ideas that have shaped the institution since its inception in 1918. Following are detailed chapters focused on the evolving
global role of the IMF during the decade under consideration in connection with the transition from central planning in nations arising from the break-up of the Soviet Union, emerging markets,
and low-income countries. Final chapters discuss the institution’s evolution and financing. Boughton became historian of the IMF in 1992. Annotation ©2012 Book News, Inc., Portland, OR
(booknews.com)
