The IMF and Recent Capital Account Crises: Indonesia, Korea, Brazil
( Independent Evaluation Office Reports )
Publication series ： Independent Evaluation Office Reports
Author： Mr. Kevin Barnes Mr. Ali M. Mansoor Mr. Benjamin H. Cohen Shinji Takagi
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2003
E-ISBN: 9781451920543
P-ISBN(Paperback): 9781589061880
Subject： F831.7 International financial flows
Language： ENG
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Description
This report evaluates the role of the IMF in three capital account crises, in Indonesia (1997-98), Korea (1997-98), and Brazil (1998-99), and the lessons to be drawn from the experience. It also recommends steps aimed at making the IMF’s surveillance and program design more effective in the prevention and management of future capital account crises. Annexes contain the three country case studies that form the basis for the judgments for the report.