Quotes About IMF

Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.

Never let it be said that the world of international economics isn't exciting or adventurous. OK, I exaggerate, because not even the most imaginative mind could construe the annual meetings of the International Monetary Fund and World Bank to be a nail-biting barn burner.

When we speak of confronting Empire, we need to identify what Empire means. Does it mean the US government (and its European satellites), the World Bank, the International Monetary Fund, the World Trade Organisation (WTO), and multinational corporations? Or is it something more than that?

Once you understand the process of corporate globalization, you have to see that what happened in Argentina, the devastation of Argentina by the IMF, is part of the same machine that is destroying Iraq. Both are efforts to break open and to control markets. And so Argentina is destroyed by the chequebook, and Iraq is destroyed by the cruise missile. If the chequebook won't work, the cruise missile will. Hell hath no fury like a market scorned.

The Hungarian interest is that, if necessary, we should make loan agreements with the IMF on a regular basis.

It seems evident that the IMF has learned nothing from its inequality-inducing policies during the 1980s debt crises in Latin America nor from its recession-deepening response to the East Asian crisis of the late 1990s. In both regions, the IMF has become synonymous with making bad situations worse.

Korea's early repayment of the full amount of loans from the IMF is a major milestone.

We have not argued in either Brazil or Argentina that the IMF should step in to protect the banks.

We have fulfilled all our agreements and all the conditions set by the IMF better than any other state.

The IMF is set up to deal with liquidity crises.

I think the IMF helped to detonate the Indonesian crisis.

There were times when there were riots in Africa, demonstrations against the IMF because of the policy advice they were giving, the conditionalities they were imposing, and the difficulties that arose out of the implementation of those conditionalities.

It is not in our interest to sign economic policy agreements with the IMF, as that unnecessarily limits the room to manoeuvre of... the Hungarian government, Hungarian parliament and lawmakers.

The IMF acts on the mandate of the international community.

The IMF played crucial roles in the 1980s debt crisis and in the transformation of former communist economies. Radical change, many might argue, is neither necessary nor desirable.

The risk of policy contagion could be magnified if a new funding arrangement were agreed between Argentina and the IMF before a comprehensive policy framework is developed that addresses fundamental investor concerns.

No one wants a default, or to slam the door in the IMF's face.

the IMF, those institutional bastions of belief in the free market system, believe that governments should not intervene in the exchange rate

while the IMF certainly failed the people of Asia, it did not fail Wall Street - far from it. The hot money may have been spooked by the IMF's drastic measures, but the large investment houses and multinational firms were emboldened...These fun-seeking firms understood that as a result of the IMF's adjustments, pretty much everything in Asia was now up for sale - and the more the market panicked, the more desperate Asian companies would be to sell, pushing their prices through the floor.

The UK has a poor investment record. According to IMF data, we have come seventh out of the top seven industrialised countries since 1999.

Only after Eden agreed to leave Egypt unconditionally did Eisenhower arrange a billion-dollar rescue package from the IMF and the Export-Import Bank.

In 1997, the International Monetary Fund bailed out South Korea's crippling financial crisis with a $58 billion loan upon the agreement that the nation open up its markets to foreign investors and relax labor market reforms, making it easier to hire and fire workers and loosen carbon emission standards so that American cars can be imported.

Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.

By the way, the European Union Member States together - even the euro area Member States together - are by far the biggest contributors to the IMF.