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The IMF and recent capital account crises : Indonesia, Korea, Brazil

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  • The IMF and recent capital account crises
  • Mansoor, Ali M.; Takagi, Shinji; Barnes, Kevin; Cohen, Benjamin H.
  • International Monetary Fund


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Title The IMF and recent capital account crises
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Sub Title

Indonesia, Korea, Brazil

Material Type Reports
Author(English)

Mansoor, Ali M.; Takagi, Shinji; Barnes, Kevin; Cohen, Benjamin H.

Publisher

International Monetary Fund

Date 2003-09
ISBN 978-1-58906-188-0
Pages 173
Subject Country Brazil(Americas)
Indonesia(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Financial Policy
Holding International Monetary Fund

Abstract

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.