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IMF Survey: Volume 29, Issue 03
Author:
International Monetary Fund. External Relations Dept.
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Series:
IMF Survey
Volume/Issue:
Volume 29: Issue 003
Language:
English
Publication Date:
01 Jan 2000
DOI:
https://doi.org/10.5089/9781451936193.023
ISBN:
9781451936193
ISSN:
0047-083X
Pages:
16
Keywords:
SV; SDR; FDI flow; IMF publication service; IMF survey; growth Facility; contingency financing facility; Inflation targeting; Portfolio investment; Inflation; Demand for money; Emerging and frontier financial markets; Asia and Pacific; Global; Middle East; Africa; Europe
Legal-disclaimer:
Opinions and materials in the IMF Survey do not necessarily reflect official views of the IMF. Any maps used are for the convenience of readers; the denominations used and the boundaries shown do not imply any judgment by the IMF on the legal status of any territory or any endorsement or acceptance of such boundaries.
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Speaking before the Council on Foreign Relations in New York on February 1, IMF Managing Director Michel Camdessus addressed the role of the IMF at the start ofa new century. In his remarks, Camdessus emphasized the institution’s ability to adapt to the challenges of a continually evolving global economy—in its response to both the needs of its members and the systemic needs of the global economy. He stressed that the IMF’s responsibilities to its members extended beyond crisis prevention— that is, its surveillance function—to include poverty reduction and crisis management. On the global front, Camdessus said, calls for reform of the international financial architecture implied greater economic policy coordination and cooperation among all nations and with international institutions to maintain global stability and reduce the incidence and severity of financial crises. Following are edited excerpts of Camdessus’s remarks. The full text is available on the IMF’s website (www.imf.org).
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Cover IMF Survey
IMF Survey
ISSN:
0047-083X
Publisher:
International Monetary Fund