IMF Survey 1999: Vol 28 Index

19 Pages·1999·5.3 MB·English

IMF AL
VOLUME 28
NUMBERS
INDEX 1999
How to use this
1999 Index
index
This index is a guide
to articles appearing
Acuarya, MAHESH ANJARIA, SHAILENDRA J.
in the IMF Survey in
Acharya stresses crisis prevention is key to raising liv- IMF announces senior staff changes, establishes new 1999. For each article,
ing standards and protecting the poor Oct 11, 312 departments Jun 7, 178 the heading, date, and
initial page number
Boards of Governors to gather amid signs of recovery
ANNUAL MEETINGS OF THE IMF AND THE Worip BANK are listed under all
from global economic crisis Sep 27, 289
Boards of Governors to gather amid signs of recovery appropriate subject
AFRICA from global economic crisis Sep 27, 289 headings. Page num
bers ending with a“
Africa needs to attract more private capital to achieve Governors welcome recovery from crisis, endorse debt
indicate tables
integration into the global economy Jan 11, 15 relief for poorest countries Oct 11, 305
Further liberalization takes effect in WAEMU zone Governors welcome signs of financial recovery, cau In 1999, the IMI
Survey featured spe
countries Mar 8, 78 tion that results must be consolidated Oct 25, 340
feriertamiriicemiyey
Quattara outlines key policy areas as Africa prepares Private sector participants discuss major issues with 10 (spring meetings),
for the twenty-first century Jul 19, 228 government and international officials Oct 25, 343 September 1999
Solutions must go beyond relief to encompass broad Addresses (Supplement on the
IMP), and October 11
economic and political strategy Oct 25, 349 Acharya stresses crisis precaution is key to raising liv (Annual Meetings)
Joint Africa Institute ing standards and protecting the poor Oct 11, 312
Page numbers in the
ADB, IMF, and World Bank form Joint Africa Institute Camdessus says cooperation is essential, calls for Supplement on the
Feb 8, 39 action to ensure reforms Oct 11, 309 IMF are indicated in
Inaugural seminar focuses on economic reform, gov- Wolfensohn calls for international commitment to the index by an “S” in
ernance, and capacity building Dec 13, 399 build new global development architecture front of them.
Oct 11, 313 Each year’s index is
AFRICAN DEVELOPMENT BANK
Tire ltrs roe mrimneltrire,
IMF and African Development Bank to establish Joint ANNUAL Report 1999 volumes of the [MI
Africa Institute May 10, 144 IMF assistance to member countries reaches record Survey. Volume 28
level of $30 billion in FY 1999 Sep 27, 291 will be available for
ALBANIA $89.00 from
Albania’s experience with fraudulent investment ARCHITECTURE OF FINANCIAL SYSTEM Publication Services,
Camdessus outlines role for private sector in new IMF, Washington
schemes offers lessons for other countries Nov 8, 366
Enhanced Structural Adjustment Facility (ESAF) aug- financial architecture Mar 8, 74 D.C. 20431, U.S.A
mentation Jun 21, 202 Camdessus reports on progress in strengthening inter
Member country authorities agree to release IMF staff national financial architecture May 10, 143
reports on consultation discussions Aug 2, 247 Developing country ministers call for comprehensive
reforms of international monetary system
ALGERIA
Mar 10, 152
Compensatory and Contingency Financing Facility Eichengreen calls for strengthening foundations of
(CCFF) Jun 7, 188 international monetary system Mar 22, 87
Executive Board to focus on HIPC Initiative, architec
AMERICAN ECONOMIC ASSOCIATION
ture, and surveillance issues Nov 8, 353
Asian crisis impact, global economic prospects are
Finance ministers and central bank governors review
among issues discussed by AEA panels Jan 25, 24
developments, discuss architecture issues
Frequency of global crises highlights need to consider
May 10, 146
international lender of last resort Jan 11, 6
French president advocates solidarity among nations
ANINAT, EDUARDO to tackle debt, poverty Mar 8, 72
Eduardo Aninat named IMF Deputy Managing Governors welcome recovery from crisis, endorse debt
Director Sep 27, 290 relief for poorest countries Oct 11, 305

IMFE EAs
International
Monetary Fund
VOLUME 28
NUMBERS 1-23
INDEX 1999
How to use this
1999 Index
index
This index is a guide
to articles appearing
Acuarya, MAHESH ANJARIA, SHAILENDRA J. in the IMF Survey in
IMI es senior §s taff ch 1999. For each article,
hc mn the heading, date, and
iil +t
initial page number
Boards of Gove! nors t ANNUAL MEETINGS OF THE IMF AND THE Worip BANK are listed under all
from giobdal e€ appropriate subject
Boards of Governors t
headings. Page num-
AFRICA rom giobal economk
bers ending with a “t”
indicate tables.
DpOoOo!r es| t uncotun t
In 1999, the IMF
Governrno rs wel come sig!
Survey featured spe-
tion tn, at results must | cial ues dated May
Private secto1 pn al rtici] pants 10 (spring meetings),
government and September 1999
(Supplement on the
Addresses
IMF), and October 11
(Annual Meetings).
Joint Africa Institute
Page numbers in the
Camdessus
\D B IMI ind Wv\o rld i |t f Supplement on the
action te IMF are indicated in
cCOnNoOMIC \yAvJ,v)o lfensoni— _ the index by an “S” in
front of them.
pacity bullding Ver
Each year’s index is
AFRICAN DEVELOPMENT BANK Tire ltrercemrimereltiire|
ANNUAL Report 1999 volumes of the IMF
IME and Afric:
IMI Survey. Volume 28
ASSISTANCE LO
\ fi Wad Institu ec lleveelv eOlFof 30S5U Dilbilllionl or i will be available for
ALBANIA $89.00 from
al ARCHITECTURE OF FINANCIAL SYSTEM Publication Services,
\ibanias ¢ kperience raudulent investment IMF, Washington
schemesn off{} ers lessonwse iff or otf ® 366 Cammadda essuosu t, D.C. 20431, U.S.A.
nhanced Stru ESAI aug TPiikniaanlciCliadll AaLr CIII11L G
mentation /l? in dessus re}
national hinanc
Developing countr
report son consuiltatiol
reforms of int
ALGERIA
( ompensatory ind ¢ oynwtitiinnoggeen cy Financinna g |
C( FF) Jun QR
AMERICAN ECONOMIC ASSOCIATION EEvAeC uu tive Board t o focuso n HIP¢ Initiative, archi
ba] ture, and surveillance
Asian Crisis 1 mpact, global economic prospectasr e
a Finance ministers and cen
among issues discussed by AEA panels Jan 25, - er ;
developments, discuss arch
Frequency of global crises highlights need to consider
May 10, 146
international lender of last resort Jan 11, 6
French president advocates solidat itv among nations
ANINAT, EDUARDO to tackle debt, poverty Ma4 r 8,
Eduardo Aninat named IMF Deputy Managing Governors welcome recovery from cl! isis, endorse debt
Director Sep 27, 290 relief for poorest countries ( Met 1]. 305
IMF 34
Ministers agree on key aspects of strengthened inter- Tax reforms could foster recovery by facilitating cor
national financial architecture May 10, 138 porate restructuring Mar 22, 88
Ministers consider ways to curb market volatility;
AUSTRALIA: BENEFITING FROM ECONOMIC REFORM
approve setting up financial stability forum Mar 8, 65
Australian reforms accelerate growth and help resist
Ministers to focus on ways to strengthen international
contagion from Asian crisis Jan 11, 10
financial architecture Apr 26, 113
Participants discuss reform of financial system, evolv-
AZERBAIJAN
ing issues in development economics May 24, 161
Enhanced Structural Adjustment Facility,
Strengthening the international financial system
Compensatory and Contingency Financing Facility,
Sep 1999, S3
and Extended Fund Facility Feb 8, 46
Transparency and improved standards are key to sta
ble and efficient financial systems Jun 7, 177 Bano, Tomas J.T.
ARGENTINA ( omprehensiv e program, structural measures hav =
helped spur recovery from crisis May 24, 166
Appropriate sequencing of financial sector reform can
play key role in successful liberalization Aug 30, 279 BANK FOR INTERNATIONAL SETTLEMENTS (BIS)
Lessons from Argentina's 1995 financial crisis may be IMF joins with other organizations to publish joint
applicable to other countries Jan 11, 8 statistics on external debt Mar 22, 90
Joint debt statistics provide overview of important
ARMENIA
categories Jun 21, 204
Enhanced Structural Adjustment Facility Jan 11, 13
Money and bond market activity shows rise in first
ARUBA nine months of 1999 over 1998 levels Dec 13, 396
Recent trends in foreign exchange, derivatives markets
Member country authorities agree to release IMF staff
reports on consultation discussions Aug 2, 247 detailed in new study May 24, 176
BANK OF Mauritius
ASIA
Camdessus outlines developments in reform of archi- Structural adjustment in sub-Saharan Africa is focus
tecture, advances in Asian recovery May 24, 161 of high-level regional gathering Jul 5, 2116
FDI flows to Asian crisis countries prove resilient BENIN
Mar 22, 93
Enhanced Structural Adjustment Facility Jan 25, 29
Foreign direct investment to developing Asia is buoy
IMF completes review and approves $5.1 million
ant despite crisis May 24, 175
credit for Benin Aug 30, 283
Report endorses greater openness as key to growth in
Asian developing economies Jul 5, 223 Boorman, JACK
Social agenda is a necessary prerequisite for poverty Boorman discusses IMF’s transparency initiatives,
reduction and growth Nov 22, 378 explains rationale for Contingent Credit Lines
May 10, 145
ASIAN DEVELOPMENT BANK
IMF staff report considers role of private sector in
Report endorses greater openness as key to growth in
preventing and resolving financial crises Apr 26, 113
Asian developing economies Jul 5, 223
Press conferences
ASIAN FINANCIAL CRISIS, SEE ALSO FINANCIAL CRISES IMF finds design of policy recommendations “broadly
Asian crisis impact, global economic prospects are appropriate” in Asian crisis review Jan 25, 20
among issues discussed by AEA panels Jan 25, 24
FDI flows to Asian crisis countries prove resilient Mar 22, 93 BORENSZTEIN, EDUARDO
Fundamentals, timely policy measures help Singapore Participants debate benefits and challenges of dollar-
weather Asian crisis Apr 26, 127 ization for Latin American economies Jul 19, 238
IMF finds design of policy recommendations “broadly
Brau, EDUARD
appropriate” in Asian crisis review Jan 25, 20
IMF names Brau to Treasurer's post Aug 2
IMF releases internal review of its response to crisis in
three affected Asian countries Jan 25, 17 BRAZIL
Ministers agree on key aspects of strengthened inter- Brazilian authorities, IMF staff agree in principle on ele
national financial architecture May 10, 138 ments of new economic policy framework Feb 8, 33
New approach should explore human dimensions of Camdessus recommends Executive Board approval of
Asian economic crisis Feb 8, 43 Brazil’s revised economic program Mar 22, 81
Index 1999 Signs that crisis is abating are based on positive Camdessus welcomes constructive discussions with
402 actions of Asian countries Jan a2)5, &2/7 Brazil Jan 25, 17
IMF approves credit disbursement for Brazil to sup- CENTRAL ASIA DAGSURVEY)
port revised adjustment measures Apr 5, 97 Central Asian countries receive IMF assistance to mod
IMF completes Brazil review, approves next credit
ernize customs services Jul 5, 222
tranche Aug 2, 252
Statement by Brazilian Finance Minister Jan 25, 18 CHARAP, JOSHUA
Is corruption inbred in the “kleptocratic” state?
Bretton Woops ComMitTée Aug 30, 286
Stable, integrated world economy will depend on
CHILE
mature relationships, sustained political support
Jun 21, 193 Appropriate sequencing of financial sector reform can
play key role in successful liberalization Aug 30, 279
Brown, GORDON
Copper still plays significant role in Chilean economy
Brown, Camdessus hail cooperative agreement on Jun 7, 190
speedy implementation of debt initiative Oct 11, 315
CHINA’S TRADE Flows: CHANGING SENSITIVITIES AND
Interim Committee selects Gordon Brown as new
THE REFORM PROCESS
chair Sep 27, 289
Prices and demand respond to liberalization of trade
BULGARIA policy in China Mar 22, 95
Currency boards can play useful role in economic sta-
Cuirac, JACQUES
bilization effort May 24, 171
French president advocates solidarity among nations
BurRKINA Faso to tackle debt, poverty Mar 8, 72
Enhanced Structural Adjustment Facility Sep 27, 299
Ciampi, CARLO
Camsonia Ciampi, Camdessus discuss progress on reform issues
Enhanced Structural Adjustment Facility Nov 8, 364 and HIPC Initiative May 10, 134
Campessus, MICHEL, SEE MANAGING DIRECTOR OF THE CUNTON, BiLL
IMF Clinton proposes strengthening of HIPC Initiative
Mar 22, 84
CAMEROON
COLOGNE ECONOMIC SUMMIT
Enhanced Structural Adjustment Facility Sep 27, 298
Camdessus backs Cologne summit declaration on
CANGIANO, Marco relief for poorest countries Jul 5, 209
Leaders welcome recovery from crisis, call for coopera
Economic integration may strengthen case for central
fiscal authority Feb 22, 57 tion to relieve poverty and debt Jul 5, 209
Ministers call for “faster, deeper, broader” debt relief
CAPITAL FLOWS for the world’s poorest countries Jul 5, 214 ‘
Governors welcome signs of financial recovery, caution
COPPER AND THE CHILEAN ECONOMY
that results must be consolidated Oct 25, 340
Study examines causes, consequences, and policy Copper still plays significant role in Chilean economy
responses to capital flows Apr 5, 102 Jun 7, 190
CORRUPTION
CAPITAL MARKETS
Is corruption inbred in the “kleptocratic” state?
Report sees global financial system making fragile
Aug 30, 286
recovery in wake of recent crises Sep 27, 294
For resource-abundant countries, strengthening insti-
CapPiTAL STRUCTURES AND PORTFOLIO COMPOSITION tutions can help prevent corruption Aug 16, 270
DurinG BANKING Crisis: LESSONS FROM ARGENTINA Crisis MANAGEMENT
1995
Joint conference examines causes of volatility, searches
Lessons from Argentina’s 1995 financial crisis may be
for new ways to prevent, manage crises May 10, 155
applicable to other countries Jan 11, 8
CURRENCY BOARDS
CENTRAL AND EASTERN EUROPE
Currency boards can play useful role in economic sta
Choice of exchange rate system poses dilemmas for
bilization effort May 24, 171
advanced Central and Eastern European countries
Aug 16, 257 CURRENCY CONVERTIBILITY
Foreign direct investment rises in Central and Eastern Liberalization of exchange and capital controls has fueled
Europe, declines sharply in Russia Jul 5, 223 rise of global trade and investment Nov 8, 362
IMFSUA73
CurreNT LEGAL Issues AFFECTING CENTRAL BANKS build new global development architecture
Volume provides perspective on legal issues, broader Oct 11, 313
financial sector developments Nov 8, 365
DILLON, K. BurKE
Dawson, THomas C. IMF names new Administration Department head
IMF appoints Dawson as External Relations Director Jan 11, 1
Jun 21, 205 DsipouTi
Dest Enhanced Structural Adjustment Facility Oct 25, 347
Governors welcome recovery from crisis, endorse debt
Dots Moruer Nature Corrupt? NaTurAL RESOURCES,
relief for poorest countries Oct 11, 305
CORRUPTION, AND ECONOMIC GROWTH
DEBT RELIEF For resource-abundant countries, strengthening insti-
Board of Governors envisions off-market gold sales to tutions can help prevent corruption Aug 16, 270
finance debt relief Oct 11, 308
DOLLARIZATION
IMF Executive Board approves measures for financing
Participants debate benefits and challenges of dollar-
of debt relief Dec 13, 393
Interim and Development Committees agree on need ization for Latin American economies Jul 19, 238
for deeper, broader, faster debt relief Oct 11, 314 DUISENBERG, WILLEM
Representatives of developing countries call for com-
Duisenberg to deliver Per Jacobsson lecture
prehensive approach to debt issues Oct 11, 323
Aug 30, 282
Solutions must go beyond relief to encompass broad
Duisenberg warns against risk of complacency in path
economic and political strategy Oct 25, 349
toward European integration Oct 25, 5 345
Summers outlines urgent agenda for debt relief,
EsreHay, Aso. HASSAN
poverty reduction Aug 2, 243
Debt relief initiative IMF Executive Board pays tribute to Abol Hassan
Ebtehaj Mar 22, 90
Debt initiative for the heavily indebted poor countries
Aug 30, 277 ECONOMIC ADJUSTMENT AND REFORM IN Low-INCOME
IMF Executive Board reviews proposals to modify COUNTRIES
debt-relief initiative Aug 30, 277 Review of IMF experience cites high cost of interrup
DECRESSIN, JORG tions in structural adjustment process Aug 16, 260
Integration into European Union played key role in ECONOMIC POLICY AND EQUITY
reshaping of banking sector Jan 25, 30 Conference explores social dimensions of reform
Sep 1999, S20
DERIVATIVES MARKET
Recent trends in foreign exchange, derivatives markets ECONOMIC STABILIZATION
detailed in new study May 24, 176 IMF approach to economic stabilization: Does one
DEVELOPMENT COMMITTEE size fit all? Aug 16, 257
Boards of Governors to gather amid signs of recovery ECONOMIC TRANSITION
from global economic crisis Sep 27, 289 Participants conclude economic transition was more
Governors welcome recovery from crisis, endorse debt difficult than expected Aug 2, 254
relief for poorest countries Oct 11, 305
ECUADOR
Interim and Development Committees agree on need
for deeper, broader, faster debt relief Oct 11, 314 IMF announces conclusion of staff negotiations with
Ministers endorse approach to poverty reduction, wel- Ecuador Sep 27, 301
come enhanced World Bank—IMF cooperation EICHENGREEN, BARRY
Oct 11, 326
Eichengreen calls for strengthening foundations of
Ministers endorse review of debt-relief initiative, call
international monetary system Mar 22, 87
for strengthened social policies and institutions
May 10, 149 Errico, Luca
In oral remarks, Camdessus calls for focus on frame- Offshore banking activities can pose prudential and
work for reducing poverty Nov 8, 357 supervisory issues Apr 5, 11]
DEVELOPMENT ISSUES ESTONIA
Index 1999 7 pledges on sustainable development Oct 11, 310 Member country authorities agree to release IMF staff
404 Wolfensohn calls for international commitment to reports on consultation discussions Aug 2, 247
IMFSUTAG
EUROPEAN CENTRAL BANK IMF urged to strengthen its understanding of market
IMF grants observer status to European Central Bank thinking and behavior Feb 8, 37
Sep 1999S,1 5 Money and bond market activity shows rise in first
nine months of 1999 over 1998 levels Dec 13, 396
EUROPEAN ECONOMIC AND MoneTARY UNION (EMU)
FINANCIAL SECTOR
Choice of exchange rate system poses dilemmas for
advanced Central and Eastern European countries Appropriate sequencing of financial sector reform can
Aug 19, 257 play key role in successful liberalization Aug 30, 279
Duisenberg warns against risk of complacency in path Camdessus says cooperation is essential, calls for
toward European integration Oct 25, 345 action to ensure reforms Oct 11, 309
Economic integration may strengthen case for central Effective insolvency procedures can strengthen
fiscal authority Feb 22, 57 domestic enterprise and financial sector Dec 13, 394
Effective exchange rate data for euro area to be pub- Financial sector liberalization promises benefits, but
lished in International Financial Statistics Apr 26, 123 appropriate sequencing of reforms is crucial
Au2g, 2 41
EMU has exchange rate policy implications for transi-
tion countries seeking EU membership Apr 5, 104 IMF urged to strengthen its understanding of market
Entry into EMU heightens need to address effective- thinking and behavior Feb 8, 37
ness of adjustment mechanisms Jun 7, 181 Volume provides perspective on legal issues, broader
Integration into European Union played key role in financial sector developments Nov 8, 365
reshaping of banking sector Jan 25, 30
FINANCIAL SECTOR DEVELOPMENT IN SUB-SAHARAN
International Financial Statistics to publish data for
AFRICAN COUNTRIES
euro area Mar 22, 81
Further liberalization takes effect in WAEMU zone
Large asymmetric shocks could pose challenges in
countries Mar 8, 78
EMU'’s transition process Aug 30, 275
Staff report welcomes Germany’s fiscal measures, sees FINANCIAL STABILITY FORUM
need for fresh initiatives on labor front Nov 8, 355
Financial Stability Forum concerned to promote
cooperation in supervision of global market
EXCHANGE RaTE ARRANGEMENTS AND CURRENCY
CONVERTIBILITY: DEVELOPMENTS AND ISSUES Mar 8, 69
Financial Stability Forum creates two ad hoc working
Liberalization of exchange and capital controls has
groups Dec 13,> 390
fueled rise of global trade and investment Nov 8, 362
FinaNciAL CRISES FINANCIAL SYSTEMS
Governors welcome signs of financial recovery, cau-
After two years of crisis, report upgrades global assess-
tion that results must be consolidated Oct 25, 340
ment of performance and prospects Oct 11, 334
Seminar discusses ways to assess soundness of finan-
Camdessus focuses on financial reform, stresses IMF
cial system to improve surveillance Sep 27, 296
role in reducing poverty Oct 25, 337
Frequency of global crises highlights need to consider FISCHER, STANLEY
international lender of last resort Jan 11, 6 Frequency of global crises highlights need to consider
Governors welcome recovery from crisis, endorse debt international lender of last resort Jan 11, 1
relief for poorest countries Oct 11, 305
IMF adapts to changing global environment to meet FOREIGN DIRECT INVESTMENT
member couniries’ needs Sep 1999, S1 FDI flows to Asian crisis countries prove resilient
IMF transparency will help resolve future financial Mar 22, 93
crises Aug 2, 249 Foreign direct investment rises in Central and Eastern
Report sees global financial system making fragile Europe, declines sharply in Russia Jul 5, 223
recovery in wake of recent crises Sep 27, 294 Foreign direct investment rises to $4 trillion in 1998;
growth is driven by mergers and acquisitions
Prevention of
Oct 11, 333
Appropriate sequencing of financial sector reform can Foreign direct investment to developing Asia is buoy-
play key role in successful liberalization Aug 30, 279 ant despite crisis May 24, 175
Involving the private sector and preventing financial Global foreign direct investment surged in 1998
crises are main topics for discussion Jun 21, 193 Jul 19, 232
FINANCIAL MARKETS FOREIGN EXCHANGE MARKET
IMF adapts to changing global environment to meet Recent trends in foreign exchange, derivatives markets Index 1999
member countries’ needs Sep 1999, S1 detailed in new study May 24, 176 405
IMF
FRANKEL, JEFFREY Representatives of developing countries call for com-
Participants debate benefits and challenges of dollar- prehensive approach to debt issues Oct 11, 323
ization for Latin American economies Jul 19, 238
Guinea-Bissau
FRENKEL, JACOB Postconflict emergency assistance Sep 27, 301
New answers to old questions Jun 21, 196
Gutpe, ANNE-Marie
FUNDAMENTAL DETERMINANTS OF INEQUALITY AND THE Currency boards can play useful role in economic sta-
ROLE OF GOVERNMENT bilization effort May 24, 171
Distribution of human capital’s key element in tack-
GUYANA
ling problems of income inequality Feb 8, 47
Heavily Indebted Poor Countries (HIPC) Initiative
Gaisramn, JOHN KENNETH May 24, 173
J.K. Galbraith takes a fresh look at the “unfinished
Harm, Curistian
business” of our century Aug 2, 253
Is corruption inbred in the “kleptocratic” state?
THE GAMBIA Aug 30, 286
Enhanced Structural Adjustment Facility Dec 13, 398
HASSAN Il, KING OF Morocco
GEORGIA Camdessus offers condolences on death of King
Enhariced Structural Adjustment Facility Aug 16, 265 Hassan II Aug 2, 251
GERMANY
HELLER, Peter S.
Staff report welcomes Germany’s fiscal measures, sees
New approach should explore human dimensions of
need for fresh initiatives on labor front Nov 8, 355
Asian economic crisis Feb 8, 43
GHANA
HONDURAS
Enhanced Structural Adjustment Facility May 24, 173
Enhanced Structural Adjustment Facility Apr 26, 124
GLOBAL INTERDEPENDENCE CENTER
Hussein, H.M. KING OF JORDAN
Participants debate benefits of globalization, durabil-
Camdessus offers condolences on death of King
ity of current economic recovery Dec 13, 391
Hussein Feb 22, 58
Group oF EIGHT
IMF Institute
Leaders call for cooperative effort to increase prosper-
IMF approach to economic stabilization: Does one
ity, promote social progress Jul 5, 211
size fit all? Aug 16, 257
Leaders welcome recovery from crisis, call for cooper-
IMF urged to strengthen its understanding of market
ation to relieve poverty and debt Jul 5, 209
thinking and behavior Feb 8, 37
Group OF SEVEN
IMF-SupporteD PROGRAMS IN INDONESIA, KOREA,
Countries urged to strengthen their economies and
AND THAILAND: A PRELIMINARY ASSESSMENT
shore up defenses against instability Mar 8, 66
IMF releases internal review of its response to crisis in
Finance ministers and central bank governors review
three affected Asian countries Jan 25, 17
developments, discuss architecture issues
May 10, 146 IMPLICATIONS FOR EMU For EXCHANGE Rate Pouicy IN
Ministers call for “faster, deeper, broader” debt relief CENTRAL AND EASTERN EUROPE
for the world’s poorest countries Jul 5, 214 EMU has exchange rate policy implications for transi-
Ministers consider ways to curb market volatility; tion countries seeking EU membership Apr 5, 104
approve setting up financial stability forum
INCOME INEQUALITY
Mar 8, 65
Distribution of human capital is key element in tack-
Ministers welcome prospects for recovery, note that a
ling problems of income inequality Feb 8, 47
number of challenges remain Oct 11, 321
INDONESIA
Group oF TEN
Appropriate sequencing of financial sector reform can
Ministers consider role of private sector in crisis pre-
play key role in successful liberalization Aug 30, 279
vention and resolution Mar 10, 149
Camdessus says cooperation is essential, calls for
Group oF TWENTY-FouR
action to ensure reforms Oct 11, 309
Index 1999 Developing country ministers call for comprehensive IMF augments support for Indonesia, approves
406 reforms of international monetary system Mar 10, 152 release of new credits Apr 5, 98
TAGSURVEY
IMF completes Indonesia review, approves next credit INTERNATIONAL FINANCIAL STATISTICS
tranche Aug 16, 268 Effective exchange rate data for euro area to be pub-
IMF completes review and approves $957 million
lished in International Financial Statistics
credit tranche for Indonesia Jan 11, 4 Apr 26, 123
IMF finds design of policy recommendations “broadly International Financial Statistics to publish data for
appropriate” in Asian crisis review Jan 25, 20
euro area Mar 22, 81
IMF releases internal review of its response to crisis in
INTERNATIONAL MONETARY FUND
three affected Asian countries Jan 25, 17
Appointments
INGVES, STEFAN
Eduardo Aninat named IMF Deputy Managing
Evolving financial sector broadens role of Monetary
Director Sep 27, 290
and Exchange Affairs Department Feb 22, 49
IMF appoints Dawson as External Relations Director
INSOLVENCY PROCEDURES Jun 21, 205
Effective insolvency procedures can strengthen IMF names Brau to Treasurer’s post Aug 2, 255
domestic enterprise and financial sector Dec 13, 394 IMF names new Administration Department head
Jan 11, 12
INSTITUTE OF INTERNATIONAL FINANCE
Article IV consultations and staff reports
IMF transparency will help resolve future financial
IMF launches pilot project for voluntary release of
crises Aug 2, 249
Article IV staff reports Jul 19, 235
Improvements in global financial system hinge on
Member country authorities agree to release IMF staff
transparency and management of risk Apr 5, 110
reports on consultation discussions Aug 2, 247
New approaches are needed to address weaknesses of
global financial system Feb 22, 63 Conferences
Camdessus welcomes discussion on issues facing tran-
INSTITUTIONALIZED CORRUPTION AND THE KLEPTOCRATIC
sition economies Feb 8, 42
STATE
Conference explores social dimensions of reform
Is corruption inbred in the “kleptocratic” state? Aug 30, 286
Sep 1999, S20
INTERIM COMMITTEE Conference on reform Jun 7, 190
Boards of Governors to gather amid signs of recovery Involving the private sector and preventing financial
from global economic crisis Sep 27, 289 crises are main topics for discussion Jun 21, 193
Brown, Camdessus hail cooperative agreement on Is international financial and monetary stability a
speedy implementation of debt initiative public good? Jun 21, 198
Participants analyze lessons of past decade for better
Oct 11, 315
policies, more effective reforms Feb 22, 49
Governors welcome recovery from crisis, endorse debt
relief for poorest countries Oct 11, 305 Contingent Credit Lines
IMF Board of Governors approves transformation of Boorman discusses IMF’s transparency initiatives,
Interim Committee Oct 11, 317 explains rationale for Contingent Credit Lines
Interim and Development Committees agree on need
May 10, 145
for deeper, broader, faster debt relief Oct 11, 314 IMF tightens defenses against financial contagion by
Interim Committee selects Gordon Brown as new establishing Contingent Credit Lines May 10, 133
chair Sep 27, 289
Cooperation with World Bank
Ministers agree on key aspects of strengthened inter-
Governors welcome signs of financial recovery, cau-
national financial architecture May 10, 138
Ministers to focus on ways to strengthen international tion that results must be consolidated Oct 25, 340
IMF and World Bank face challenge of coordination
financial architecture Apr 26, 113
and streamlining in next century Nov 22, 380
Ministers welcome measures to reduce poverty, call
IMF and World Bank solicit views on HIPC Initiative
for reforms to sustain global recovery Oct 11, 317
Feb 22, 62
Camdessus outlines issues that will be focus of
Joint conference examines causes of volatility, searches
Interim Committee discussions Apr 26, 118
for new ways to prevent, manage crises Mar 10, 155
Ciampi, Camdessus discuss progress on reform issues
Ministers endorse approach to poverty reduction, wel-
and HIPC Initiative May 10, 134
come enhanced World Bank-IMF cooperation
INTERNATIONAL CAPITAL MARKETS: DEVELOPMENTS, Oct 11, 326
PROSPECTS, AND Pouicy Issues Role of the IMF Jun 21, 197
Report sees global financial system making fragile Second-generation reforms call for varied approaches
recovery in wake of recent crises Sep 27, 294 to institution building and growth Nov 22, 375
TAGSURVEY! Debt strategy Joint debt statistics provide overview of important cat-
Board of Governors envisions off-market gold sales to egories Jun 21, 204
finance debt relief Oct 11, 308
Lending
Economic forums
IMF lending in 1998 reaches record levels as members
Financial sector liberalization promises benefits, but tackle effects of global crisis Mar 8, 65
appropriate sequencing of reforms is crucial Aug 2, 241 Russia’s current economic policies are deserving of
Participants debate benefits and challenges of dollar- IMF support Aug 30, 273
ization for Latin American economies Jul 19, 238
Speakers explore reasons for recent expansion, future Meetings
growth prospects for U.S. economy Nov 8, 359 Ministers see declining risk of global recession,
endorse steps to strengthen financial system
Emergency assistance
May 10, 129
IMF approves emergency assistance in wake of
Turkish earthquake Oct 25, 337 Monetary and Exchange Affairs Department
Executive Board Evolving financial sector broadens role of Monetary
Executive Board to focus on HIPC Initiative, architec- and Exchange Affairs Department Feb 22, 49
ture, and surveillance issues Nov 8, 353
News briefs
IMF Board issues statement on selection process
ADB, IMF, and World Bank form Joint Africa Institute
Dec 13, 388
IMF Executive Board approves measures for financing Feb 8, 39
Board receives report on Russian program; structural
of debt relief Dec 13, 393
benchmarks remain to be met Dec 13, 389
IMF Executive Directors and ECOSOC ambassadors
Brazilian authorities, IMF staff agree in principle on
address poverty issues Nov 8, 357
elements of new economic policy framework
IMF completes Brazil review, approves next credit
tranche Aug 2, 252 Feb 8, 33
Camdessus backs Cologne summit declaration on
IMF completes Indonesia review, approves next credit
relief for poorest countries Jul 5, 209
tranche Aug 16, 268
Camdessus expresses IMF's sympathy to the people of
Financial markets Turkey Aug 30, 273
IMF urged to strengthen its understanding of market Camdessus offers condolences on death of King
thinking and behavior Feb 8, 37 Hassan II Aug 2, 251]
HIPC Initiative Camdessus offers condolences on death of King
Hussein Feb 22, 58
Ciampi, Camdessus discuss progress on reform issues
Camdessus recommends Executive Board approval of
and HIPC Initiative May 10, 134
Brazil’s revised economic program Mar 22, 81]
Clinton proposes strengthening of HIPC Initiative
Camdessus to ask for IMF Board support for Russian
Mar 22, 84
economic program May 10, 133
Debt initiative for the heavily indebted poor countries
Camdessus welcomes constructive discussions with
Aug 30, 277
Executive Board to focus on HIPC Initiative, architec- Brazil Jan 25, 17
Eduardo Aninat named IMF Deputy Managing
ture, and surveillance issues Nov 8, 353
Director Sep 27, 290
IMF and World Bank solicit views on HIPC Initiative
IMF and African Development Bank to establish Joint
Feb 22, 62
Africa Institute May 10, 144
IMF Executive Board reviews proposals to modify
IMF announces conclusion of staff negotiations with
debt-relief initiative Aug 30, 277
Ecuador Sep 27, 301
Ministers endorse review of debt-relief initiative, call
IMF approves credit disbursement for Brazil to sup-
for strengthened social policies and institutions
May 10, 149 port revised adjustment measures Apr 5, 97
IMF augments support for Indonesia, approves release
Joint Africa Institute
of new credits Apr 5, 98
ADB, IMF, and World Bank form Joint Africa Institute
IMF Board approves Albania’s second annual program
Feb 8, 39
and augmentation under ESAF Jun 21, 201
Inaugural seminar focuses on economic reform, gov-
IMF completes Brazil review, approves next credit
ernance, and capacity building Dec 13, 399
tranche Aug 2, 252
Joint debt statistics IMF completes EFF review for Pakistan Jun 7, 189
index 1999 IMF joins with other organizations to publish joint IMF completes Indonesia review, approves next credit
statistics on external debt Mar 22, 90 tranche Aug 16, 268
408