01640cas a2200229 a 4500 AALejournalIMF011587 230101c9999 xx r poo 0 0eng d 9781616353629 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, September 1985. Washington, D.C. : International Monetary Fund, 1985. 1 online resource (54 pages) Finance and Development <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper highlights that international flows of capital can promote global economic efficiency and can allow countries with balance-of-payments deficits to strike the right balance between reducing their deficits and financing them. The IMF's evolution into an effective international organization is largely attributable to its ability to adapt its activities, policies, policymaking bodies, procedures, and even its Articles in response to changing circumstances. The growth of developed and developing countries is closely linked, but better policy coordination and financial intermediation are needed. Mode of access: Internet Finance and Development; Finance and Development ; No. 0022/003 Full text available on IMF http://elibrary.imf.org/view/journals/022/0022/003/022.0022.issue-003-en.xml IMF e-Library