Aiding the Transformation of Economies: Is the Fund's Conditionality Appropriate to the Task

In this Essay, Professor Lichtenstein suggests that the Group of Seven's decision to use the International Monetary Fund to channel economic assistance to Russia was a mistake. Professor Lichentenstein examines the International Monetary Fund's charter, history, and institutional culture. She concludes that it is not a suitable vehicle for funneling the Group of Seven's promised aid to Russia.