Author Description

This Volume, Fourth In A Series Of Periodic Histories Of The Institution, Is As Much A History Of The World Economy During 1979-89 As One Of The Imf Itself. Boughton Discusses The Imf’s Surveillance Of The International Monetary System In The 1980s; The Fund’s Role In The International Debt Crisis Of The 1980s, And Imf Lending In Support Of Structural Adjustment In Low-income Countries During That Period. The Volume Concludes With A General History Of The Institution, Including The Quota System, The Sdr, Membership, And Other Institutional Matters. Intro -- Contents -- Foreword -- Preface -- List Of Abbreviations -- 1. The Silent Revolution -- Revolution Or Evolution? -- Leadership At The Imf -- At The Precipice Of The 1980s -- Evolution And Revolution In The 1980s -- At The Brink Of The 1990s -- Appendix: Chronology, 1979-89 -- References -- I. Revolutions In The International Monetary System -- 2. On The Map: Making Surveillance Work -- Implementing Article Iv: The Principles Of Surveillance -- Assessing Exchange Rate Levels And Policies -- Establishing Effective Procedures -- Reducing Exchange Restrictions -- Appendix: Principles And Procedures Of Surveillance -- References -- 3. Seeking Symmetry: Article Iv And The Largest Industrial Countries -- United States -- Japan -- Germany -- France -- United Kingdom -- References -- 4. Policy Cooperation: The Fund And The Group Of Seven -- In His Personal Capacity: 1982-84 -- Cooperation And Coordination: 1985-87 -- Life After The Louvre: 1987-89 -- References -- 5. Keeping Score: The World Economic Outlook -- Evolution Of The Weo Exercise -- Key Policy Issues In The Weo -- Forecasting Process -- Modeling The World Economy -- Evaluation -- References -- Ii. Revolutions In Managing International Debt -- 6. Crisis And Strategy -- Overview -- Managing The Debt Crisis: A Summary Of Part Ii -- References -- 7. The Mexican Crisis: No Mountain Too High? -- Smoldering Embers, 1979-81 -- Mounting Concerns: The 1981-82 Consultatio