Front Matter

Author(s):
International Monetary Fund
Published Date:
December 1999
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    External Evaluation of IMF Surveillance

    Report by a Group of Independent Experts

    International Monetary Fund

    © 1999 International Monetary Fund

    Design and composition: Alicia Etchebarne-Bourdin

    Cover design and charts: IMF Graphics Section

    Library of Congress Cataloging-in-Publication Data

    External evaluation of IMF surveillance : report / by a group of independent experts.

    p. cm.

    Includes bibliographical references.

    ISBN 1-55775-863-8 (pbk.)

    1. International Monetary Fund. 2. Economic policy—Evaluation. I. International Monetary Fund.

    HG3881.5.I58 E95 1999

    332.1’52—dc21

    99-088147

    Price: US$19.00

    Please send orders to:

    International Monetary Fund, Publication Services

    700 19th Street, N.W., Washington, D.C. 20431, U.S.A.

    Tel.: (202) 623-7430 Telefax: (202) 623-7201

    E-mail: publications@imf.org

    Internet: http://www.imf.org

    Contents

    The following symbols have been used throughout this book:

    … to indicate that data are not available;

    — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    – between years or months (e.g., 1996-97 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    / between years (e.g., 1996/97) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    The term “country,” as used in this book, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.

    Glossary of Abbreviations

    APEC

    Asia-Pacific Economic Cooperation

    ASEAN

    Association of South East Asian Nations

    BIS

    Bank for International Settlements

    CCL

    Contingent Credit Line

    CGER

    Coordinating Group on Exchange Rates

    CIS

    Commonwealth of Independent States

    ECB

    European Central Bank

    ECOFIN

    European Council of Finance Ministers

    ED

    Executive Director

    EMU

    Economic and Monetary Union

    ERM

    exchange rate mechanism

    EU

    European Union

    EWS

    early warning system

    FSSA

    Financial Sector Stability Assessment

    G-7

    Group of Seven

    G-22

    Group of 22

    GCC

    Gulf Cooperation Council

    ICMR

    International Capital Markets report

    IIF

    Institute of International Finance

    ILO

    International Labor Organization

    IOSCO

    International Organization of Securities Commissions

    MAE

    Monetary and Exchange Affairs Department

    NGO

    nongovernmental organization

    OECD

    Organization for Economic Cooperation and Development

    PDR

    Policy Development and Review Department

    PIN

    Press/Public Information Notice

    RED

    Recent Economic Developments report

    RES

    Research Department

    WEMD

    World Economic and Market Developments

    WEO

    World Economic Outlook

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