This is the first book dedicated to a discussion of the important successes of the International Monetary Fund, written from first-hand knowledge and experience by staff and senior country officials. This is the first publication fully dedicated to discussing the key recent successes of the IMF. It provides topical, timely, and relevant discussions of recent economic crisis recovery programs supported by the IMF and of its policies to help prevent financial crises. The book contains original and first hand accounts by IMF staff members and by senior country officials of recent significant events in international financial affairs. This book provides a definitive account of the recent history of the International Monetary Fund, and the successes it has enjoyed since it was founded. With fascinating contributions by current and former IMF staff members, this book offers a unique insight into the workings of the organization and explores how it has benefited many.
Preface; Introduction; E.Brau & I.McDonald; PART I: IMF FINANCIAL HELP TO ECONOMIES IN CRISIS: HOW THE IMF HELPS ITS MEMBERS; The Korean Crisis Ten Years Later: A Success Story; H.Neiss, W.Tseng & J.Gordon; Comment; K.Kim; Poland: Stabilization, Transition, and Reform, 1990-91; T.Lane, R.Ossowski & M.Russo; Comment; L.Balcerowicz; Turkey's Renaissance: From Banking Crisis to Economic Revival; H.Bredenkamp, M.Josefsson & C.-J.Lindgren; Comment; S.Serdengecti; Tanzania: Reform and Progress, 1995-2007; R.Sharer; Comment; G.Mgonja; Brazil: Anchoring Policy Credibility in the Midst of Financial Crisis; L.L.Perez & P.R.Gerson; Comment; A.Fraga; Uruguay 2002-03: Recovery from Economic Contagion; S.Seelig & G.Terrier; Comment; C.Steneri; PART II: PREVENTING FINANCIAL CRISES AND PROMOTING MONETARY COOPERATION; Opening the Economic Books of Governments and of the IMF; T.Dawson & C.Enoch; Comment; M.Parkinson; Preventing the Next Financial Crisis; T.J.Balino; Comment; J.Vinals; The IMF Staff's View of the World: The World Economic Outlook; G.Hacche; Comment; M.Wolf; Conclusions; E.Brau & I.McDonald; Annex: How the IMF Operates.
