A poor grade for the IMF

Article Abstract:

Some observers have expressed reservations about the work of the International Monetary Fund (IMF) in Asia. This organization is putting strong pressure on the countries affected by Asia's economic crisis to allow a higher level of foreign ownership, especially in the financial sector. Its rescue programmes have been strongly influenced by the US, and include conditions that go beyond ordinary macroeconomic targets, thus ensuring that US companies gain market access. Further, the IMF's policies seem to be devised by employees who do not really understand the countries concerned.

Administration of General Economic Programs, Foreign Economic & Financial Assistance, Management, International Monetary Fund, Column, Economic assistance, Foreign economic assistance

---

Rebuilding Asia

Article Abstract:

It is possible that prosperity will return to Asia, but this will only happen if countries in the region acknowledge and learn from the mistakes they made during the time when they were experiencing very rapid economic growth. Furthermore, economic recovery in Asia will require help from outside the region, even though anti-foreigner sentiment is currently strong in some parts of Asia. Above all, future economic strength in Asia will not be achieved without sound governance.

Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Cover Story, Economic development

---

Similar abstracts:

• Abstracts: Home for the holidays. Turbulence in the air. Taking flight: America's airlines
• Abstracts: Good market intelligence. Greater coverage for the Crosby show in Asia. BHF-BANK Specialised Finance
• Abstracts: Flight into the future. Winging it. Ready or not ...
• Abstracts: Ripe for the picking. An environment fit for growth. An environment for growth
• Abstracts: Boutiques - made to measure for the south? A super deal in the pipeline. WestLB Panmure

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.