Munich Personal RePEc Archive

Looking Back to the Asian Crisis

Kirrane, Christopher (2017): Looking Back to the Asian Crisis. Published in: Asian Journal of Political Economy , Vol. 4, (January 2017): pp. 58-67.


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The IMF is now focused on crisis prevention and management, particularly in developing and transition countries. While confirming that the IMF as a centerpiece of the international financial system, the Asian crisis tends to demonstrate the limits, or excesses, of its action. A redefinition of its role and mandate seems necessary.

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