Capital and Revenge: The IMF and Ethiopia

Robert Wade

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Global Financial Crisis and Policies International Development and Aid Economic, financial, and policy analysis

Abstract

Ever since the financial crisis of 1997, the International Monetary Fund and the U.S. Treasury have been less insistent on opening capital markets around the world. But the author has little doubt that when the dust settles, the push for unrestricted capital flows will strengthen again. Ethiopia provides a case study of the interest involved.

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1995Managing the global commons: the economics of climate change 2001Overcoming public aversion to congestion pricing 2005Pricing and Congestion: Economic Principles Relevant to Pricing Roads 2002Comparing the efficiency of alternative policies for reducing traffic congestion

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2003The Invisible Hand of the American Empire 2011An Introduction to International Economics: New Perspectives on the World Economy

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