IMF-Supported Programs in Indonesia, Korea and Thailand

ByTimothy D. Lane, . Marianne Schulze-Gattas, Tsidi M Tsikata, Steven T Phillips, Atish R. Ghosh, A. J Hamann

June 30, 1999

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Summary

This paper is a preliminary review of the design of and early experience with IMF-supported programs in Indonesia, Korea, and Thailand during 1997-98. The review takes into account developments as of October 1998, and was the basis for a discussion of the programs by the IMF's Executive Board in December 1998.

Subject: Currencies, Depreciation, Economic sectors, Exchange rates, Financial sector, Fiscal policy, Fiscal stance, Foreign exchange, Money, National accounts

Keywords: Asia and Pacific, Currencies, currency depreciation, current account adjustment, Depreciation, depreciation-inflation spiral, East Asia, Europe, exchange rate depreciation, Exchange rates, Financial sector, financing, Fiscal stance, Global, Indonesia, inflation-depreciation spiral, OP

Pages:
89
Volume:
1999
DOI:
https://doi.org/10.5089/9781557757838.084
Issue:
006
Series:
Occasional Paper No. 1999/006
Stock No:
S178EA0000000
ISBN:
9781557757838
ISSN:
0251-6365

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