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Episode details

World Service,13 Jul 2011,18 mins

IMF credibility

Business Daily

Available for over a year

Has the IMF lost credibility by following Europe's lead in the Greek bailout? Lesley Curwen talks to Mario Blejer, the former Central Bank Governor of Argentina who was in office when the country defaulted, and also worked at the IMF for twenty years. He argues that the Fund has handled the Greek crisis 'pretty badly'. As Japan's parliament votes for a second emergency budget to fund reconstruction in the tsunami-hit region, the BBC's Roland Buerk reports on how the rebuilding effort is going. Plus Lesley Curwen catches up with the administrator of USAID, Dr.Rajiv Shah, to ask why America's aid budget is linked to its foreign policy aims.

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