Comments: Ideas on Reforming the International Financial System
Author: Yung Chul Park
Language:
English
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; international community; role of the IMF; IMF credit facilities; IMF article; crisis lender; Exchange rate flexibility; Capital inflows; Extra-budgetary funds; Exchange rate arrangements

Abstract

At the outset I should make it clear that I belong to the “financial panic” camp. David Lipton does not seem to include himself in the IMF camp, although he gives the IMF high marks for its contribution to stabilizing international financial markets during the two years after the East Asian crisis.

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Cover Reforming the International Monetary and Financial System
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