Cover The IMF and Recent Capital Account Crises
The IMF and Recent Capital Account Crises
Indonesia, Korea, Brazil
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Abstract

This report evaluates the role of the IMF in three capital account crises, in Indonesia (1997-98), Korea (1997-98), and Brazil (1998-99), and the lessons to be drawn from the experience. It also recommends steps aimed at making the IMF’s surveillance and program design more effective in the prevention and management of future capital account crises. Annexes contain the three country case studies that form the basis for the judgments for the report.

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Author:
Mr. Kevin Barnes
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Mr. Ali M. Mansoor
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Mr. Benjamin H Cohen
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Shinji Takagi https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Independent Evaluation Office Reports
Publisher:
International Monetary Fund
Language:
English
Publication Date:
03 Sep 2003
DOI:
https://doi.org/10.5089/9781589061880.017
ISBN:
9781589061880
ISSN:
2617-670X
Pages:
173
Keywords:
IEOR; IEO; crisis; fund staff; fund; IMF surveillance; policy discussion; Board discussion; IMF support; Capital account crisis; Exchange rates; Bank resolution; East Asia; Global; Asia and Pacific; Southeast Asia; South Asia; IMF-World Bank; IMF experience; IMF's role
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