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World Economic Outlook -- Interim Assessment, December 1997
			: Interim Assessment

World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment »

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

DOI: http://dx.doi.org/10.5089/9781557757142.083

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The economic and financial crisis that erupted in southeast Asia in July 1997 had continued to deepen and broaden as of December, and spillover effects from investor deteriorating confidence in emerging market econ...

I Overview

I Overview »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The economic and financial crisis that erupted in southeast Asia in July 1997 has continued to deepen and broaden since the October 1997 World Economic Outlook was written. As investor sentiment toward the e...

II Buildup to Present Difficulties

II Buildup to Present Difficulties »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The recent crises in east Asia have arisen from the large-scale shift of funds out of domestic financial markets, beginning in Thailand. Consideration of why this has occurred with the impact that it has had...

III Onset of the Crisis and Its Evolution

III Onset of the Crisis and Its Evolution »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The evolution of the crises in east Asia in 1997, and their broader spillover effects, can be divided into four broad phases in which the ramifications for the world economy became increasingly significant:...

IV Economic Developments and Financial Conditions in the Advanced Economies

IV Economic Developments and Financial Conditions in the Advanced Economies »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

Experience shows that the level and terms of private financing for developing countries are sensitive not only to economic conditions in the recipient countries but also to the global business cycle and fina...

V The Global Outlook: How Much Has It Changed?

V The Global Outlook: How Much Has It Changed? »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The staff’s revised projections are summarized in Table 3, where they are also compared with the projections in the October 1997 World Economic Outlook. For the ASEAN-4 countries, Hong Kong SAR, Japan, and K...

VI Conclusions and Policy Considerations

VI Conclusions and Policy Considerations »

Source: World Economic Outlook -- Interim Assessment, December 1997 : Interim Assessment

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 1998

ISBN: 9781557757142

Keywords: interest, debt, capital inflows, industrial countries, liabilities

The causes of the financial crisis in Asia are complex and will need to be thoroughly analyzed—both to reduce the risk of similar occurrences in the future and to identify appropriate lessons for economic po...

The Changing Role of the State in the Economy

The Changing Role of the State in the Economy »

Source: The Changing Role of the State in the Economy : A Historical Perspective

Volume/Issue: 1997/114

Series: IMF Working Papers

Author(s): Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451943450

Keywords: public sector, industrial countries, public spending, public finance, public interest

This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have promoted the changes. In the period bet...

Conference in Tokyo: Asian policymakers examine country ownership and effectiveness of IMF conditionality

Conference in Tokyo: Asian policymakers examine country ownership and effectiveness of IMF conditionality »

Source: IMF Survey, Volume 30, Issue 15

Volume/Issue: 30/15

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451929782

Keywords: industrial countries, poverty reduction, international monetary fund, debt relief

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...

IMF Estimates of Potential Output

IMF Estimates of Potential Output »

Source: IMF Estimates of Potential Output : Theory and Practice

Volume/Issue: 1997/177

Series: IMF Working Papers

Author(s): Paula De Masi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

ISBN: 9781451974980

Keywords: potential output, output gap, total factor productivity, industrial countries, growth rates, real gdp, growth rate

The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to dev...