Comments: The Balance Between Structural and Macroeconomic Adjustment

Yoon Je Cho

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Author:

Yoon Je Cho

Yoon Je Cho
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Language:: English

Print Publication Date:: 18 Dec 2000

Keywords:: BOOK; crisis; financing; exchange rate; market; financial system; IMF policy advice; IMF Policy recommendation; IMF reform; emerging market crisis; emerging market country; Exchange rates; Emerging and frontier financial markets; Capital flows; Currencies; Global; Asia and Pacific; East Asia; Europe; Southeast Asia; structural adjustment effort; current account adjustment; market expectation; structural adjustment program; sharper-thanexpected contraction; Currency markets; Interest rate policy; Current account surpluses; International reserves; Capital flow reversals

Abstract

My comments on the issue of the balance between adjustment and financing will be based on the recent experiences of Korea and other East Asian countries.

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Reforming the International Monetary and Financial System

Editor:

Mr. Alexander K. Swoboda

and

Mr. Peter B. Kenen

ISBN:: 9781557758354

Publication Date:: 18 Dec 2000

Publisher:: International Monetary Fund

DOI:: https://doi.org/10.5089/9781557758354.071

Pages:: 448

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