Money Matters: An IMF Exhibit -- The Importance of Global Cooperation

Globalization and Integration (1989-1999)

Part 7 of 8


Conflict &
(1871 - 1944)

Destruction &
(1945 - 1958)
The System
In Crisis

(1959 - 1971)
the System
(1972 - 1981)
Debt &
(1981 - 1989)
Globalization and Integration
(1989 - 1999)

The New Millennium

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If the somber history of the first half of the twentieth century – two world wars and the Great Depression – can teach one lesson, it is the need for cooperation among nations. In the second half of the century, the IMF and other international institutions such as the United Nations, the World Bank, and the World Trade Organization have been part of the most sustained effort in history to achieve that cooperation.

"In a world of accelerating history, the future is already with us, calling for a high sense of responsibility, for bold action, and for intense cooperation between member countries."

Michel Camdessus
IMF Managing Director (1987–2000)


Micheal Camdessus



Transition to the Free Market Collapse of the Soviet Union Recovery From Debt Progress in Africa
Asia in the 1990s European Economic Unity The New Millennium Looking to the Future

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