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International Monetary Fund. External Relations Dept.

IMF Deputy Managing Director Eduardo Aninat announced on March 7 that he plans to leave his post in June 2003. In December 1999, he joined the IMF’s four-member management team with broad responsibilities in running the IMF, including chairing its Executive Board meetings.

International Monetary Fund
We cannot allow the return of economic stability to signify a return to "business as usual" for the IMF. The crisis exposed huge cracks in the international financial architecture of which the Fund is a key part. We have an historic responsibility to fix them. I urge all of us to recommit to seeing our collective goals to the finish line before reform fatigue sets in.
International Monetary Fund. External Relations Dept.

03/10: “FDI to Africa: The Role of Price Stability and Currency Instability,” Kenneth Rogoff and Carmen Reinhart

International Monetary Fund. External Relations Dept.

In Austria, the ratio of the elderly to people of working A. age will double over the next 50 years. This dramatic demographic shift—brought on by a major decline in fertility and mortality rates since the 1960s—will be more severe than in many other industrial countries (see chart). It will increase public spending on pensions, health care, and long-term care and decrease tax and social security revenues. In a new IMF Working Paper, LeifLybecker Eskesen concludes that ensuring long-term fiscal sustainability in Austria will require bold reforms.