There are many challenges facing the economies of developing countries. Capital volatility, financial crises, aid, debt and the IMF are all issues that have received a great deal of attention over recent years. In International Finance and the Developing Economies, Graham Bird provides an essentially non-technical discussion of these issues, examining the underlying political economy and discussing the policy alternatives that are available. INDICE Conducting Macroeconomic Policy in Developing Countries: Piece of Cake or Mission Impossible? External Financing and Balance of Payment Adjustment in Developing Countries Where Do We Stand on Choosing Exchange Rate Regimes in Developing and Emerging Economies? Is Dollarization a Viable Option for Latin America? What Happened to the Washington Consensus? Miracle to Meltdown: A Pathology of the East Asian Financial Crisis; with A.Milne The International Monetary Fund and Developing Countries: A Review of the Evidence and Policy Options Remodelling the Multilateral Financial Institutions; with J.P.Joyce How Important is Sound Macroeconomics in Attracting Capital Inflows to Developing Countries? Convertibility and Volatility: The Pros and Cons of Liberalising the Capital Account Coping With and Cashing in on International Capital Volatility; with R.S.Rajan The Catalytic Effect of Lending by the International Financial Institutions; with D.Rowlands The Political Economy of Foreign Aid: Fatigue or Regeneration? Economic Assistance to Low-Income Countries: Should the Link be Resurrected? Debt Relief for Low Income Countries: Is it Effective and Efficient?; with A.Milne