Number: RL30635 Title: IMF REFORM AND THE INTERNATIONAL FINANCIAL INSTITUTIONS ADVISORY COMMISSION Authors: J.F. Hornbeck, Foreign Affairs, Defense, and Trade Division Abstract: The Meltzer Commission released its report on March 8, 2000, calling for significant changes in the mission and operations of the International Monetary Fund (IMF) and the development banks. The commissioners were unanimous in their general recommendations to restrict IMF lending to short-term liquidity needs and eliminate extended loan programs for other purposes. This report provides background and analysis on findings and reforms advocated in the Meltzer Commission report, including selected alternative perspectives and critiques that have emerged. Pages: 21 Date: Updated January 5, 2001