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Analysis and insight into trends
in money and banking, and their impact
on the world's leading economies

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The Institute of International Monetary Research is an educational charity. It is associated with the University of Buckingham, which is also an educational charity and receives no money from the state.

The Institute therefore depends on donations and grants, including research grants for specific projects.

Donations can be made in the form of cheques payable to IIMR and sent to the address below:-

Institute of International Monetary Research
University of Buckingham
Hunter Street
Buckingham
MK18 1EG

A Gift Aid form can be downloaded here and we would appreciate if you could complete and include this with your donation if you are a UK tax payer. (Gift Aid is an income tax relief designed to benefit charities and Community Amateur Sports Clubs (CASC). If you're a UK taxpayer, Gift Aid increases the value of your charity donations by 25% because the charity can reclaim the basic rate of tax on your gift at no extra cost to you).


Professor Tim Congdon CBE, Chairman of the Institute and Tim Sanderson, Chairman of Sanderson Asset Management, are both trustees of the Institute and make significant donations in its support.


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Banking and finance in the early years of the United States of America were chaotic. Two of the founding fathers - Thomas Jefferson and James Madison - were hostile to banking, since the issue of paper money led to inflation and default. According to Jefferson,

"...banking establishments are more dangerous than standing armies"

The Great Recession of 2008 - 09 renewed concern about the potential role of the banking system in social and financial instability, and argued for more research and analysis about this critical topic.