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Sander, H. „Anpassung mit Wachstum“ oder Schuldenerleichterungen?. . Die theoretischen Grundlagen einer verstärkten Kooperation von IWF und Weltbank. Credit and Capital Markets – Kredit und Kapital, 23(1), 1-29. https://doi.org/10.3790/ccm.23.1.1
Sander, Harald "„Anpassung mit Wachstum“ oder Schuldenerleichterungen?. Die theoretischen Grundlagen einer verstärkten Kooperation von IWF und Weltbank. " Credit and Capital Markets – Kredit und Kapital 23.1, 1990, 1-29. https://doi.org/10.3790/ccm.23.1.1
Sander, Harald (1990): „Anpassung mit Wachstum“ oder Schuldenerleichterungen?, in: Credit and Capital Markets – Kredit und Kapital, vol. 23, iss. 1, 1-29, [online] https://doi.org/10.3790/ccm.23.1.1

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„Anpassung mit Wachstum“ oder Schuldenerleichterungen?

Die theoretischen Grundlagen einer verstärkten Kooperation von IWF und Weltbank

Sander, Harald

Credit and Capital Markets – Kredit und Kapital, Vol. 23 (1990), Iss. 1 : pp. 1–29

1 Citations (CrossRef)

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Article Details

Author Details

Harald Sander, Bochum

Cited By

  1. Volkswirtschaftslehre 2

    Entwicklungspolitik

    Lachmann, Werner

    2004

    https://doi.org/10.1007/978-3-642-17149-9_11 [Citations: 0]

References

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  36. Killick, T. u.a. (1984): The Quest for Economic Stabilization. The IMF and the Third World, London 1984.  Google Scholar
  37. Krugman, P. (1985): International Debt Strategies in an Uncertain World, in: Smith, G. W. und Cuddington, J. T., International Debt and the Developing Countries, Washington DC, 1985.  Google Scholar
  38. Krugman, P. und Taylor, L. (1978): Contractionary Effects of Devaluation, Journal of International Economics, vol. 8, August 1978, S. 445 – 456.  Google Scholar
  39. Polak, J. J. (1957): Monetary Analysis of Income Formation and Payments Problems, in: IMF Staff Papers, November 1957, S.1 – 50.  Google Scholar
  40. Sachs, J. (1986): Managing the LDC Debt Crisis, in: Brookings Papers on Economic Activity (2) 1986, S. 397 – 431.  Google Scholar
  41. Sander, H. (1988): Das internationale Schuldenmanagement und die Autonomie der Schuldnerländer. Theoretische und praktische Aspekte multilateraler Auflagenpolitik in und nach der Schuldenkrise, Institut für Entwicklungsforschung und Entwicklungspolitik, Ruhr-Universität Bochum, Materialien und kleine Schriften, Bochum 1988.  Google Scholar
  42. Sander, H. (1989): Neostrukturalistische Makroökonomik für halbindustrialisierte Entwicklungsländer. Kritik der IWF-Stabilisierungstheorie, in: Jahrbuch für Sozialwissenschaft, Band 40, Heft 2/1989, S. 202 – 226.  Google Scholar
  43. Selowsky, M. und van der Tak, H. G. (1986): The Debt Problem and Growth, in: World Development, vol.14, no. 9, 1986, S.1107 – 1124.  Google Scholar
  44. Tanzi, V. (1987): Fiscal Policy, Growth, and the Design of Stabilization Programs, IMF Working Paper WP/87/1, Washington DC, January 1987.  Google Scholar
  45. Taylor, L. (1983): Structuralist Macroeconomics, New York 1983.  Google Scholar
  46. Taylor, L. (1987): Macro Policy in the Tropics: How Sensible People Stand, in: World Development, vol.15, no.12, S.1407 – 1435.  Google Scholar
  47. Weltbank (1986): Weltentwicklungsbericht 1986, Washington DC, 1986.  Google Scholar
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Abstract

Adjustment Alongside Growth or Debt Relief? Theoretical Bases for Intensified Cooperation between the IMF and the World Bank

The Baker Plan and the new Structural Adjustment Facilities of the International Monetary Fund stress – for varying country groupings – the importance of external financing in support of a growth-oriented adjustment strategy of the highly indebted countries. This concept thus aims, inter alia, at more intensive cooperation between the IMF and the World Bank as well as at coordination of the conditions imposed by both institutions. This paper presents the theoretical bases of more intensive cooperation between the IMF and the World Bank. Proceeding from a presentation of the two institutions’ rarely known programming models (financial programming and growth programming) that form basis of their policy to impose conditions, the paper discusses a synthesis model developed by the staff of both organizations and designed to provide the platform of a joint policy approach of the IMF and the World Bank. Subsequently, the paper demonstrates what role the socalled transfer of resources from developing to industrial nations plays in respect of the highly indebted countries’ policies of growth and stabilization as well as how the synthesis model could be utilized for the purpose of debt relief programming. The paper concludes with a critical evaluation of these theoretical approaches.