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IMF Survey Issues 1997



Published every two weeks, the IMF Survey, provides topical coverage of the IMF's activities, policies, and research in the context of global economic and financial developments. An annual IMF Survey Supplement provides detailed information on the IMF's organization and on the policy advice, financing, and technical assistance it offers to its member countries.

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December 15, 1997 (534 kb PDF file)   Featured in this issue: IMF Stand-By Arrangement with Korea, Fischer press conference on Korea, Camdessus on globalization and workers, trade liberalization and regional initiatives in Africa, and official financing for developing countries.

December 1, 1997 (327 kb PDF file)   Featured in this issue: Camdessus visit to Southeast Asia; APEC communique on Asian crisis; framework for Asian regional cooperation; Korea requests IMF assistanace; lessons from Asian crisis; corruption and capital spending; institutional and regulatory reform needed in Russia; prospects for MENA; and avoiding public pension crises.

November 17, 1997 (346 kb PDF file)   Featured in this issue: Camdessus on IMF's Stand-by Arrangement for Indonesia; exchange rate regimes in developing countries, Mundell conference on future of international monetary system; pension reforms and saving rates; and lessons from Latin American banking crises.

November 3, 1997 (382 kb PDF file)  Featured in this issue: Camdessus commends Indonesian policy reforms; IMF's role in Asia's development; IMF framework for financial stability; effectiveness of ESAF-supported structural adjustment; Khan on IMF Institute; IMF evaluation; Yam on Asian monetary cooperation.

October 20, 1997 (462 kb PDF file)  Featured in this issue: Stanley Fischer on capital account liberalization and the IMF's role, Alassane Ouattara on sustainable growth in Africa, quest for a prudent debt-management strategy in transition economies, and policy coordination and labor market flexibility crucial for EMU's success.

October 6, 1997 (609 kb PDF file)   Featured in this issue: proceedings of IMF-World Bank Annual Meetings in Hong Kong (including overview and texts of speeches, press conferences, and official communiques). Decisions on IMF quota increase and IMF role in capital account liberalization. Also, summary of international capital markets report (to be published in December).

September 17, 1997 (492 kb PDF file)  Featured in this issue: October 1997 World Economic Outlook; preview of IMF-World Bank Annual Meetings; 1997 IMF Annual Report; Bolivia approved for HIPC Initiative, and interview with Hubert Neiss on developments in Asia.

August 18, 1997 (356 kb PDF file)  Featured in this issue: early warning system for currency crises, origins and management of financial crises, Thai reform package, U.S. economic performance and measurement of output and productivity.

August 5, 1997 (523 kb PDF file)  Featured in this issue: IMF guidelines on governance; internal review of the IMF's Enhanced Structural Adjustment Facility (ESAF); Kunio Saito on IMF's new regional office for Asia and the Pacific; and IMF marks its twenty-fifth anniversary with an examination of IMF's, and Survey's, evolution.

July 21, 1997 (336 kb PDF file)  Featured in this issue: Chinese stabilization efforts facilitate "soft landing"; ESAF-supported programs show progress in social spending and social indicators; EMU's implications for international capital markets; Camdessus on a "second generation" of reforms to boost growth and encourage income equity; and Hungary's reforms bring economic turnaround.

July 7, 1997 (408 kb PDF file)  Featured in this issue: Africa's progress: interview with Evangelos Calamitsis; Netherlands' strong economic performance; sustained high growth needed in Arab countries; and deindustrialization and growth.

June 23, 1997 (418 kb PDF file)  Featured in this issue: Japan seminar assesses IMF growth strategy; IMF staff increases attention to social spending; European Union policy on competition; EMU issues; and export credit agencies and development.

June 9, 1997 (603 kb PDF file)  Featured in this issue: Manuel Guitian on IMF's work on monetary, banking, and exchange rate areas; impact of labor standards on trade, Michel Camdessus on Argentine reforms and Alassane Ouattara on globalization's challenges for Africa; and IMF's first press information notices--summaries of Executive Board discussions on economies of Aruba, Belize, and Tunisia.

May 26, 1997 (344 kb PDF file)  Featured in this issue: globalization--issues and challenges, IMF's role, and impact on national tax systems; prospects for Russian reforms; financial stability in emerging market economies; external evaluation of ESAF; and proposed new international banking standard.

May 12, 1997 (507 kb PDF file)  Featured in this issue: overview of IMF-World Bank spring meetings, Michel Camdessus' pre-meetings press conference, Interim Committee press conference (with Michel Camdessus and Philippe Maystadt), official communiques, and May 1997 World Economic Outlook focuses on opportunities, and challenges, of globalization.

April 21, 1997 (324 kb PDF file)  Featured in this issue: IMF updates surveillance over members' economic policies; Egypt's reforms spur growth and investment; military expenditures continue to fall, but at slower pace; role of fiscal policy in long-term growth; and preview of IMF's spring meetings.

April 7, 1997 (253 kb PDF file)  Featured in this issue: coverage of conference on European economic and monetary union (EMU) and its implications for Europe, the world economy, and the IMF (including remarks by Michel Camdessus, Philippe Maystadt, and Paul Volcker). Also IMF's increased regional surveillance and compatibility of Europe's social security finances with EMU criteria.

March 24, 1997 (244 kb PDF file)  Featured in this issue: IMF conditionality lends policy credibility, structural reform in Botswana, current account sustainability, and financial integration in Asia.

March 10, 1997 (176 kb PDF file)  Featured in this issue: prospects for Hong Kong's economy, measurement issues in the U.S. consumer price index, systemic bank restructuring, Camdessus on fiscal consolidation and structural reforms in India, and India's growth linked to higher savings.

February 24, 1997 (150 kb PDF file)  Featured in this issue: importance of reducing unproductive public expenditures, fiscal implications of aging populations, currency board arrangements, and banking soundness.

February 10, 1997 (175 kb PDF file)  Featured in this issue: New Arrangements to Borrow, social issues in transition economies, IMF readiness to participate in debt initiative, APEC exchange rate movements and impact on trade and investment, and Japan's fiscal challenges.

January 27, 1997 (165 kb PDF file)  Featured in this issue: composition of spending is important in fiscal adjustment; Camdessus on Germany and European economic and monetary union; IMF-World Bank debt initiative; and energy payments arrears in Baltics and former Soviet Union.

January 13, 1997 (157 kb PDF file)  Featured in this issue: interview with IMF Treasurer on IMF financial policies and practices; World Bank-IMF debt initiative for poor countries; IMF-World Trade Organization Cooperation Agreement and WTO Ministerial Conference; and European currency union issues.