Eduard Brau & Ian McDonald 
Successes of the International Monetary Fund 
Untold Stories of Cooperation at Work

This book provides a definitive account of the recent history of the International Monetary Fund, and the successes it has enjoyed since it was founded. With fascinating contributions by current and former IMF staff members, this book offers a unique insight into the workings of the organization and explores how it has benefited many.

Table of Content

Preface Introduction; E.Brau & I.Mc Donald 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.Mc Donald Annex: How the IMF Operates

About the author

LESZEK BALCEROWICZ TOMÁS BALIÑO Deputy Director of the IMF’s Monetary and Financial Systems Department, USA HUGH BREDENKAMP Assistant Director in the IMF’s African Department, USA THOMAS DAWSON Former Director of the IMF’s External Relations Department, USA CHARLES ENOCH Deputy Director of the IMF’s Statistics Department, USA ARMINIO FRAGA PHILIP R. GERSON Assistant Director, Office of the Managing Director, International Monetary Fund, USA JAMES GORDON Division Chief in the IMF’s Asian Department, USA GRAHAM HACCHE Deputy Director of the IMF’s External Relations Department, USA MATS JOSEFSSON is at the Monetary and Capital Markets Department, International Monetary Fund, USA KIHWAN KIM TIMOTHY LANE Assistant Director in the Policy Development and Review Department of the International Monetary Fund, USA CARL-JOHAN LINDGREN IMF Monetary and Exchange Department’s mission chief for Turkey GRAY MGONJA HUBERT NEISS Former Director of the IMF’s Asian Department, USA ROLANDO OSSOWSKI is at the International Monetary Fund, USA MARTIN PARKINSON LORENZO L. PÉREZ Deputy Director of the IMF’s Middle East and Central Asia Department, USA MASSIMO RUSSO Former Director of the European Department, International Monetary Fund, USA STEVEN SEELIG Advisor in the IMF’s Monetary and Capital Markets Department, USA SÜREYYA SERDENDEÇTI ROBERT SHARER Assistant Director in the IMF’s African Department, USA CARLOS STENERI GILBERT TERRIER Assistant Director in the Western Hemisphere Department, International Monetary Fund, USA WANDA TSENG Former Deputy Director in the IMF’s Asian Department, USA JOSÉ VIÑALS MARTIN WOLF