Regime change?

According to this article by Steve Hanke, published 5 June 2006, in the months before the meetings of the International Monetary Fund and World Bank in April, the IMF appeared to be in its twilight.

The IMF's loan portfolio and operating income are shrinking, Hanke says, pointing out that the Fund will sustain operating losses of $600 million over the next three years.

The 1990s was an explosive growth decade for the IMF, he says, with currency crises in Mexico, Russia, Turkey, Brazil and Argen

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