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The IMF Monetary Model At Forty
By:J. J. Polak
Published on 1997-04-01 by International Monetary Fund

A model reflecting the monetary approach to the balance of payments was developed in the International Monetary Fund (IMF) in the 1950s. Its purpose was to integrate monetary, income, and balance of payments analysis, and it became the basis of the conditionality applied to IMF credits. Extremely simple, with primary focus on the balance of payments effects of credit creation by the banking system, the model has retained its usefulness for policy purposes over time, as it was adapted to changes in member countries’ priorities and in the international monetary system, in particular the disappearance of the par value system.
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Book which was published by International Monetary Fund since 1997-04-01 have ISBNs, ISBN 13 Code is 9781451893939 and ISBN 10 Code is 1451893930
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