A bill to encourage the development of appropriate stabilization programs by the International Monetary Fund.

Directs the United States Director of the Executive Board of the International Monetary Fund: (1) to consult with the other directors to formulate stabilization programs to foster a broader base of productive investment and employment; and (2) to discourage programs and policies which hinder the Fund in promoting growth with equity in developing countries.

Directs the Department of State and the Agency for International Development to study the social, economic, and political effects, and the effectiveness of Fund programs.