TITLE

IMF to the rescue

AUTHOR(S)
Lacayo, Richard; Baumohl, Bernard; Branegan, Jay; Gooi, Kim; Van Voorst, Bruce
PUB. DATE
December 1997
SOURCE
Time International (South Pacific Edition);12/08/97, Issue 49, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that as the financial crisis in East Asia worsens, the International Monetary Fund (IMF) is swooping in with money and advice. Speculation on the ripple-effect of the crisis; Background on the IMF; Where the funds come from; Recipients of IMF funds; Question of whether the IMF bailout will make matters worse. INSET: The myth of the miracle, by Richard Hornik.
ACCESSION #
78265

 

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