Front Matter

Front Matter

International Monetary Fund
Published Date:
February 2010
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    Banks Association of Turkey Per Jacobsson Foundation 2009

    ISSN 0252-3108

    Editor: Michael Harrup

    Composition: Alicia Etchebarne-Bourdin

    Cover design and production: IMF Multimedia Services Division

    The Per Jacobsson lectures are available on the Internet at, which also includes further information on the Foundation. Copies of the Per Jacobsson lectures may be acquired without charge from the Secretary.


    The 2009 Per Jacobsson Foundation Lecture, “Growth After the Storm: A Longer-Run Perspective,” was delivered by Dr. Kemal Derviş, who is the Vice-President for Global Economy and Development at the Brookings Institution in Washington, D.C., and Senior Advisor to Sabanci University in Istanbul, Turkey. The lecture was held, as is customary, in conjunction with the Annual Meetings of the Boards of Governors of the International Monetary Fund and the World Bank, on October 4; the venue was the Conrad Ballroom of the Conrad Hotel in Istanbul, Turkey. Sir Andrew Crockett, Chairman of the Board of Directors of the Per Jacobsson Foundation, moderated the event. The Banks Association of Turkey cosponsored this year’s lecture.

    The Per Jacobsson Foundation was established in 1964 to commemorate the work of Per Jacobsson (1894-1963) as a statesman in international monetary affairs. Per Jacobsson was the third Managing Director of the IMF (1956-63) and had earlier served as the Economic Adviser of the Bank for International Settlements (1931-56). Per Jacobsson Foundation lectures and contributions to symposia are expressions of personal views and intended to be substantial contributions to the field in which Per Jacobsson worked. They are distributed free of charge by the Foundation. Further information about the Foundation may be obtained from the Secretary of the Foundation or may be found on the Foundation’s website (

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