Baechel, N: Relief Agency, Hegemon, Or Failure?

Using various sources, including the Meltzer Commission Report, Congressional testimony, and the works of historians, economists, and social critics, this book will investigate and analyze the findings and recommendations of the Meltzer Commission to determine shortcomings in the IMF‘s response to various economic crises that have occurred since the abolishment of the gold standard. To accomplish this task, this book will use two different methods of analysis. The first method will be a synchronic analysis of the level of industrial development and economic infrastructure within countries that experienced economic crisis. The second method will be a diachronic analysis of Japan‘s economic infrastructure since 1800 to identify the factors that enabled Japan to build a modern economy. The goal is to remove the Western economic model that the IMF uses to plan its response to economic crises and, instead, create three distinct economic models of recovery based on various stages of economic development, using Japan‘s economic growth as a foundation.