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Overview: Against Background of Increasing Globalization, Fund Acts to Review Surveillance Operations, Consider Adding Capital Account Liberalization as a Goal, Address Problems of Heavily Indebted Countries

Overview: Against Background of Increasing Globalization, Fund Acts to Review Surveillance Operations, Consider Adding Capital Account Liberalization as a Goal, Address Problems of Heavily Indebted Countries »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

The operations of the International Monetary Fund in 1996/97 took place against the background of a recovery in world economic growth. This reflected the progress made by many industrial and developing count...