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Author:
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Language:
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Print Publication Date:
01 Nov 1999
Keywords:
AS
;
poverty
;
fund
;
country
;
debt relief
;
international community
;
economic system
;
financial support
;
economic reform
;
market-oriented economy
;
Poverty reduction
;
Poverty reduction and development
;
Poverty reduction strategy
;
Global
;
Europe
;
Africa
Abstract
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Summary Proceedings of the Fifty-Fourth Annual Meeting of the Board of Governors, September 28-30, 1999
Author:
International Monetary Fund
ISBN:
9781557758798
ISSN:
0074-7025
Publication Date:
01 Nov 1999
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557758798.015
Pages:
356
Search
Table of Contents
Front Matter
Front Matter
ADDRESS BY THE PRESIDENT OF THE UNITED STATES
1
OPENING ADDRESS BY THE CHAIRMAN OF THE BOARDS OF GOVERNORS AND GOVERNOR OF THE BANK AND THE FUND FOR NEPAL
1
OPENING ADDRESS BY THE PRESIDENT OF THE WORLD BANK GROUP
1
PRESENTATION OF THE FIFTY-FOURTH ANNUAL REPORT
1
B
y the
C
hairman of the
E
xecutive
B
oard and
M
anaging
D
irector of the
I
nternational
M
onetary
F
und
R
eport to the
B
oard of
G
overnors of the
I
nternational
M
onetary
F
und by the
C
hairman of the
I
nterim
C
ommittee of the
B
oard of
G
overnors on the
I
nternational
M
onetary
S
ystem
1
R
eport to the
B
oards of
G
overnors of the
B
ank and the
F
und by the
C
hairman of the
J
oint
M
inisterial
C
ommittee of the
B
oards of
G
overnors on the
T
ransfer of
R
eal
R
esources to
D
eveloping
C
ountries
(D
evelopment
C
ommittee
)
CONCLUDING REMARKS
DOCUMENTS AND RESOLUTIONS OF THE BOARD OF GOVERNORS
Sections
Abstract
Statement by the Governor of the Fund for the Republic of Armenia
Statement by the Governor of the Bank and the Fund for Australia
Highly Leveraged Institutions
Involving Private Sector in Forestalling and Resolving Financial Crises
Enhancing the Initiative for Heavily Indebted Poor Countries
Statement by the Governor of the Bank for Austria
The Record of the Previous Year
Poverty Reduction
Middle-Income Countries Must Not Be Forgotten
Permanent Adjustment to Change Is a Necessity for All Countries
Statement by the Governor of the Bank for Bangladesh
Statement by the Governor of the Bank for the Republic of Belarus
Statement by the Governor of the Bank for Belgium
Belgium’s Implementation of Essential Structural Adjustments
Strengthening of the International Monetary and Financial System
Initiatives for Poverty Reduction and the Promotion of Sustained Growth
Central Africa
Conclusion
Statement by the Governor of the Fund for Belize
Statement by the Governor of the Bank for Bosnia and Herzegovina
Statement by the Governor of the Bank for Cambodia and by the Governor of the Fund for Cambodia
Statement by the Temporary Alternate Governor of the Bank and the Fund for Canada
Economic Performance and Prospects in Canada
Policy Challenges
Consultative Fora
Private Sector Involvement in Crisis Resolution
Debt Relief and Poverty Reduction
The Challenges for Small States
Conclusion
Statement by the Governor of the Bank for the People’s Republic of China
Statement by the Governor of the Fund for the Republic of Croatia
Statement by the Governor of the Bank for Cyprus
Statement by the Governor of the Fund for Fiji
Statement by the Alternate Governor of the Fund for France
Mobilization for Long-Term, Balanced Growth
For This Renewed Growth, We Need a Better Framework in Support of Good Governance and Against Money Laundering and Corruption.
The Way Is Open for Dealing Quickly with the Heavily Indebted Poor Countries.
Statement by the Governor of the Fund for Germany
Statement by the Governor of the Bank for Greece
Statement by the Governor of the Bank and the Fund for India
Statement by the Alternate Governor of the Bank for Indonesia
Statement by the Governor of the Bank for the Islamic Republic of Iran
Statement by the Governor of the Bank for Iraq
Statement by the Governor of the Bank and the Fund for Ireland
International Financial Architecture
Role of Bretton Woods Institutions
Transparency
HIPC Initiative
Statement by the Governor of the Fund for Israel
The Health of Israel’s Economy
Israel and the Region
Israel as a Donor Nation
Statement by the Governor of the Fund for Italy
Statement by the Alternate Governor of the Bank and Fund for Japan
Introduction
The Post-Crisis World Economy
The Need for Global Response
Regional Responses—Manila Framework and New Miyazawa Initiative
Issues in Development
Conclusion
Statement by the Governor of the Fund for Korea
International Cooperation for Stable Global Economic Growth
Korea’s Economic Reform and Recovery
Reforming the International Financial Architecture
Helping the Heavily Indebted Poor Countries
Conclusion
Statement by the Governor of the Bank for the Lao People’s Democratic Republic
Statement by the Governor of the Bank for the Republic of Latvia
Statement by the Governor of the Bank for Lebanon
Statement by the Governor of the Bank for the Socialist People’s Libyan Arab Jamahiriya
Statement by the Governor of the Fund for Madagascar
Financing Development
Export Diversification
The Debt Problem
Africa and the International Financial System
The HIV/AIDS Epidemic
Capacity Building and Technical Assistance
Conclusion
Statement by the Governor of the Bank and the Fund for Malaysia
Statement by the Governor of the Bank for Malta
Statement by the Governor of the Fund for Mauritania
Statement by the Governor of the Bank for Mongolia
The Economy
Social Issues and Structural Adjustment
Governance Reform
Environmental Issues for Sustainable Development
Potential for Future Growth
Statement by the Governor of the Bank for Myanmar
Statement by the Alternate Governor of the Bank for Nepal
Statement by the Governor of the Bank for the Netherlands
Private Sector Involvement
The Fora: International Monetary Fund and Interim Committee
Capital Adequacy and the World Bank Group
ESAF and HIPC
Southeastern Europe
Conclusion
Statement by the Governor of the Fund for New Zealand
Statement by the Governor of the Fund for Norway
Crisis Prevention
The Fund’s Lending Policy
The HIPC Initiative
Final Comments
Statement by the Governor of the Bank for Norway
Statement by the Governor of the Bank for Pakistan
Statement by the Governor of the Bank for Papua New Guinea
Statement by the Governor of the Bank for Paraguay
Statement by the Governor of the Bank for Peru
Global and Latin American Economic Development
Strengthening the International Financial System
Linking the HIPC Initiative to Poverty Reduction
The Peruvian Economy
Statement by the Governor of the Bank for the Republic of Poland
Statement by the Governor of the Bank for Portugal
Statement by the Governor of the Bank for the Russian Federation
World Economic Outlook
Crisis Resolution in Emerging Market Countries
Strengthening the International Financial Architecture
Cooperation Between the Fund and the World Bank
Initiative for Heavily Indebted Poor Countries
Statement by the Alternate Governor of the Bank and the Fund for Sri Lanka
World Economy and Policy Challenges
Bretton Woods Institutions
Statement by the Alternate Governor of the Fund For Switzerland
Statement by the Governor of the Fund for Thailand
Global Economy
Thai Economy
Bank and Fund Matters
Statement by the Governor of the Bank for Turkey
Statement by the Governor of the Fund for Turkmenistan
Statement by the Governor of the Bank for the United Arab Emirates
Statement by the Governor of the Fund and Alternate Governor of the Bank for the United Kingdom
Stability in Britain
Britain’s National Economic Potential
Statement by the Governor of the Bank and the Fund for Vanuatu
Statement by the Governor of the Fund for Vietnam
Metrics
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18.97.9.170
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