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Parmeshwar Ramlogan and Mr. Bernhard Fritz-Krockow

The present chapter provides a brief overview of the internal organization of the IMF. In addition, the chapter discusses the structure of the IMF’s income, making particular reference to the ongoing efforts to remedy the operational deficit and restructure the income sources and position of the IMF. Organizational Structure Office of the Managing Director At the apex of the IMF’s internal structure is the office of the Managing Director, which includes the offices of the Deputy Managing Directors. The Managing Director’s office has four units, which

Mr. David A Lipton

brought to the IMF, to the great benefit of the Fund and to the world. These have been five remarkable years at the IMF. Could any of us have ever imagined years ago that the IMF would be making the case for more fiscal stimulus in order to have more aggregate demand? That that is the current position of the IMF is a reflection, yes, on the situation of the global economy, but it is also a reflection of its most senior Ph.D. economist, David Lipton. David, the world has you to thank for a great deal, and we are honored to have you here tonight.

International Monetary Fund. External Relations Dept.

discusses a topic, the staff prepares a paper containing background material as input to the discussion. These staff papers present an analysis of the issue under discussion and proposals for the Board’s consideration. At the end of a discussion, the chairman issues a summing up, which presents the conclusions of the Board. Collaborative approach The IMF staff paper presents a number of proposals, Boorman said, but he emphasized that while the report provided input to the Executive Board’s discussion, it does not necessarily represent the position of the IMF

International Monetary Fund. Research Dept.
This is the final issue for 2006 (Volume 53), and contains another paper in the occasional Special Data Section that seeks to measure financial development in the Middle East and North Africa by utilizing a new database. The issue also contains a comment from Jacques J. Polak on parity reversion in real exchange rates.