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International Monetary Fund. External Relations Dept.

Prompted by the view that the severity of the emerging market crises of the 1990s was partially attributable to a lack of timely statistics, the international community asked the IMF to develop voluntary standards for the dissemination of economic and financial statistics.

International Monetary Fund. External Relations Dept.

High growth and low inflation are essential to economic development, but there is a “powerful case” for attacking poverty directly, said Rodrigo de Rato in a speech in Peru on September 20. On his final visit to Latin America as IMF Managing Director, he said the biggest contributions can be made in fiscal policy, financial sector reform, and institutional reform.

International Monetary Fund. External Relations Dept.

In the aftermath of the financial crises of the late 1990s in Asia, Latin America, and Russia, it became clear that the traditional supervisory focus on the soundness of individual banks needed to be expanded to include the health of a nation’s entire financial system and the global system as well.

International Monetary Fund. External Relations Dept.
Murilo Portugal, Agustin Carstens, Kyrgyz Republic, HIPC, central Asia, Indonesian debt, Saudi Arabian economy, Peter Kenen, European Central Bank, ECB, Danish economy, flexicurity,Burundi's economy, aid volatility, Indian and China, Doing Business.