| If
the somber history of the first half of the twentieth century –
two world wars and the Great Depression – can teach one lesson,
it is the need for cooperation among nations. In the second half of
the century, the IMF and other international institutions such as
the United Nations, the World Bank, and the World Trade Organization
have been part of the most sustained effort in history to achieve
that cooperation.
"In
a world of accelerating history, the future is already with us,
calling for a high sense of responsibility, for bold action, and
for intense cooperation between member countries."
Michel
Camdessus
IMF Managing Director (1987–2000)
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credits
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