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Are Laws Needed for Public Management Reforms? An International Comparison

Are Laws Needed for Public Management Reforms? An International Comparison »

Source: Are Laws Needed for Public Management Reforms? An International Comparison

Volume/Issue: 2005/62

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860818

Keywords: public management, budget, law, decree, performance, civil servants, financial management, external audit, decentralization, budget systems

There has been widespread adoption of new laws to support new public management. In many countries that have implemented comprehensive and deep reforms, new or amended laws have fundamentally changed the role of th...

Asian Financial Crisis Propels IMF Activity to New Levels in 1997/98

Asian Financial Crisis Propels IMF Activity to New Levels in 1997/98 »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

The Asian financial crisis that broke out in July 1997 in Thailand, and its subsequent global reverberations, dominated the IMF’s work in 1997/98, absorbing an unprecedented amount of time of the Executive B...

CHAPTER I Main Developments in the World Economy in 1997/98

CHAPTER I Main Developments in the World Economy in 1997/98 »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

The dominant developments in the world economy and for the IMF in 1997/98 were the Asian financial crisis and its repercussions. The crisis broke out in July 1997 in Thailand when, following several episodes...

CHAPTER II World Economic Outlook

CHAPTER II World Economic Outlook »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

The Executive Board regularly reviews global economic developments and policies, based on World Economic Outlook reports prepared by the staff. The reports, which are usually published twice a year, contain...

CHAPTER III International Capital Markets

CHAPTER III International Capital Markets »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

In their annual review of developments in international capital markets, conducted in July 1997 shortly after the eruption of the financial crisis in Thailand, Executive Directors engaged in a wide-ranging d...

CHAPTER IV European Economic and Monetary Union

CHAPTER IV European Economic and Monetary Union »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

During 1997/98, the Executive Board held a series of discussions on issues related to EMU. Early in the year, Directors assessed the implications of EMU for financial markets (see Chapter III); preparations...

CHAPTER IX The ESAF and the HIPC Initiative

CHAPTER IX The ESAF and the HIPC Initiative »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

Since the mid-1980s, the IMF has provided concessional financing through the Enhanced Structural Adjustment Facility (ESAF) and its predecessor, the Structural Adjustment Facility (SAF), to respond to the ba...

CHAPTER V The Asian Crisis

CHAPTER V The Asian Crisis »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

As the formative event of the financial year, the Asian financial crisis absorbed a large proportion of the Executive Board’s time. Directors met frequently—at times, daily—to be briefed on and discuss devel...

CHAPTER VI Surveillance

CHAPTER VI Surveillance »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

Central to the IMF’s purposes and operations is the mandate, under its Articles of Agreement, to “exercise firm surveillance over the exchange rate policies of members.” To earn’ out this mandate, the IMF ex...

CHAPTER VII Strengthening the Architecture of the International Monetary System

CHAPTER VII Strengthening the Architecture of the International Monetary System »

Source: International Monetary Fund Annual Report 1998

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 1998

ISBN: 9781557757654

Keywords: capital movements, financial sector, capital markets, financial statements, international capital markets

Following the Mexican financial crisis of 1994–95, the IMF adopted several initiatives to strengthen the international monetary system and the IMF’s central role in the system. These included more intensive...