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Progressio - Changing Minds, Changing Lives


Contagion and cure
Tackling the crisis in global finance


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David WoodwardThe financial crises of the late 1990s exposed deep flaws in the global financial system and in developed countries' policies towards international finance and development.

This Comment explains how the International Monetary Fund and the World Bank helped create the conditions for financial crises. It argues that a solution to the problem is possible, and proposes mechanisms to prevent similar crises in future. 

1999 ISBN 1 852 872268
44pp A5
Price: £2.50

 

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