IMF Survey, Volume 32, Issue 14

Author: International Monetary Fund. External Relations Dept.

Volume/Issue: Volume 0032 Issue 014

Publication date: August 2003

ISBN: 9781451930405

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Finance , Economics- Macroeconomics , Taxation - General , Public Policy - Social Services and Welfare , SV , website , IMF Survey , IMF's website , fund Facility , Dem , rep , , IMF's executive board , IMF publication service , Capital account crisis , Income , Fiscal stance , Income inequality , Poverty reduction strategy , Africa , Sub-Saharan Africa , Central America , Asia and Pacific , Global , Europe

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Summary

In the late 1990s, a series of capital account crises rocked the global economy. The IMF found itself at the center of this turmoil and criticized as never before. The experience triggered extensive internal and external reexaminations of IMF policies and practices and intensified the attention paid by the IMF to identifying vulnerabilities and preventing and resolving crises. It also encouraged the organization to add an external perspective to its learning culture.