IMF Survey, Volume 32, Issue 14

Journal Issue

Volume/Issue:: 32/14
Series:: IMF Survey
Author(s):: International Monetary Fund. External Relations Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: August 2003
DOI:: http://dx.doi.org/10.5089/9781451930405.023
ISBN:: 9781451930405
ISSN:: 0047-083X
Page:: 16

In the late 1990s, a series of capital account crises rocked the global economy. The IMF found itself at the center of this turmoil and criticized as never before. The experience triggered extensive internal and external reexaminations of IMF policies and practices and intensified the attention paid by the IMF to identifying vulnerabilities and preventing and resolving crises. It also encouraged the organization to add an external perspective to its learning culture.

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IMF Survey Vol.32, No.14 August 2003