TITLE

World fund tested by Asia crisis

AUTHOR(S)
Francis, David R.
PUB. DATE
November 1997
SOURCE
Christian Science Monitor;11/26/97, Vol. 90 Issue 2, p1
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
Comments on the ability of the International Monetary Fund (IMF) and its sister organization the World Bank to continue funding bailouts for Asian countries after repeated financial crises in late 1997. How fear of continued instability is affecting markets; How IMF bailouts tend to be organized; Concerns that the IMF does not have the funds necessary for further bailouts; How the IMF relies on the donations of countries to continue; Outlook.
ACCESSION #
9712100088

Tags: INTERNATIONAL Monetary Fund;  WORLD Bank Group;  FINANCIAL crises

 

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