Successes of the International Monetary Fund Untold Stories of Cooperation at Work

Preface Introduction; E. Brau & I. McDonald PART I: IMF FINANCIAL HELP TO ECONOMIES IN CRISIS: HOW THE IMF HELPS ITS MEMBERS The Korean Crisis Ten Years Later: A Success Story; H. Neiss, W. Tseng & J. Gordon Comment; K. Kim Poland: Stabilization, Transition and Reform, 1990-91; T. Lane, R. Ossowski & M. Russo Comment; L. Balcerowicz Turkey's Renaissance: From Banking Crisis to Economic Revival; H. Bredenkamp, M. Josefsson & C. J. Lindgren Comment; S. Serdengeçti Tanzania: Reform and Progress, 1995-2007; R. Sharer Comment; G. Mgonja Brazil: Anchoring Policy Credibility in the Midst of Financial Crisis; L. L. Pérez & P. R. Gerson Comment; A. Fraga Uruguay 2002-03: Recovery from Economic Contagion; S. Seelig & G. Terrier Comment; C. Steneri PART II: PREVENTING FINANCIAL CRISES AND PROMOTING MONETARY COOPERATION Opening the Economic Books of Governments and of the IMF; T. Dawson & C. Enoch Comment; M. Parkinson Preventing the Next Financial Crisis; T. J. Baliño Comment; J. Viñals The IMF Staff's View of the World: The World Economic Outlook; G. Hacche Comment; M. Wolf Conclusions; E. Brau & I. McDonald Annex: How the IMF Operates EDUARD BRAU was the Director of the Finance Department of the International Monetary Fund from 1999-2004, when he retired. He previously worked in senior positions in the IMF dealing with the countries of the former Soviet Union, with debt and financing issues in Latin America and with country programs in Africa. He holds a PhD in Economics from Duke University, USA. IAN MCDONALD was the Chief Editor in the External Relations Department at the International Monetary Fund up until his retirement in 2001. Before joining the IMF he was Washington Correspondent for The Times of London and an Editorial Writer for The Glasgow Herald. He holds masters' degrees from Oxford University and The George Washington University, Washington DC.