IMF Survey Supplement 1999

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IMF/Survey volume 29, No. 23, January 2000
- Financial markets recover: IMF adapts to changing global environment to meet member countries’ needs
- Financial architecture: Strengthening the international financial system
- Organization: Articles of Agreement shape IMF structure
- IMF Executive Board: (as of September 1, 1999)
- Capital base: Quotas define members’ financial and organizational relations with IMF
- IMF quotas: (million SDRs)
- Broader framework: Surveillance helps members identify and correct problems quickly
- Conditionality: Members commit to reform in exchange for IMF financial support
- Financial facilities and policies: IMF financing helps members pursue sound policies
- Access limits govern use of resources
- IMF Contingent Credit Lines protect countries from financial contagion
- Debt strategy: IMF involvement emphasizes policy guidance and adequate financial support
- Conference explores social dimensions of reform
- Training, advice: Technical assistance complements surveillance and financing
- New arrangements: Borrowing supplements IMF’s ordinary resources
- Liquidity position: Demand for use of IMF resources remains heavy
- Income and charges: IMF adds annual net income to its reserves
- Overdue payments: IMF strategy stresses prevention, cooperation
- International reserve asset: SDR supplements existing reserves
- IMF chronology: IMF evolves in response to over half a century of challenge and change