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International Monetary Fund. External Relations Dept.
IMF Managing Director Michel Camdessus recently spoke with the editors of the IMF Survey about events over the past 13 years, as well as about future developments in the international monetary system and the evolution of the IMF. The interview will be published in two parts—the first, which follows, focuses on developments since 1987. The second part, which looks to the future, will be published in the next issue of the IMF Survey, dated January 10, 2000.
International Monetary Fund. External Relations Dept.

IMF Managing Director Michel Camdessus recently spoke with the editors of the IMF Survey about events over the past 13 years, as well as about future developments in the international monetary system and the evolution of the IMF. The interview will be published in two parts—the first, which follows, focuses on developments since 1987. The second part, which looks to the future, will be published in the next issue of the IMF Survey, dated January 10, 2000.

International Monetary Fund. External Relations Dept.

On July 7 in Basel, Guillermo Ortiz, Governor of the Bank of Mexico, delivered a lecture cosponsored by the Per Jacobsson Foundation and the Bank for International Settlements entitled “Emerging Market Crises—What Have We Learned?” His remarks are summarized here; the full text is available at www.perjacobsson.org.

International Monetary Fund. External Relations Dept.

West Bank and Gaza Strip: Economic Developments in the Five Years Since Oslo ($19.00)

International Monetary Fund. External Relations Dept.

Few industrial and emerging market countries over the past two decades have been immune to banking sector turbulence. Full-blown crises, in particular, have exacted a tremendous toll. The frequency and high cost of these episodes prompted the World Bank and the IMF to set up a Bank-Fund Financial Sector Liaison Committee to strengthen the exchange of information on financial sector issues and better coordinate their advice to member countries.