Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
December 1999
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External Evaluation of IMF Surveillance

Report by a Group of Independent Experts

International Monetary Fund

© 1999 International Monetary Fund

Design and composition: Alicia Etchebarne-Bourdin

Cover design and charts: IMF Graphics Section

Library of Congress Cataloging-in-Publication Data

External evaluation of IMF surveillance : report / by a group of independent experts.

p. cm.

Includes bibliographical references.

ISBN 1-55775-863-8 (pbk.)

1. International Monetary Fund. 2. Economic policy—Evaluation. I. International Monetary Fund.

HG3881.5.I58 E95 1999

332.1’52—dc21

99-088147

Price: US$19.00

Please send orders to:

International Monetary Fund, Publication Services

700 19th Street, N.W., Washington, D.C. 20431, U.S.A.

Tel.: (202) 623-7430 Telefax: (202) 623-7201

E-mail: publications@imf.org

Internet: http://www.imf.org

Contents

The following symbols have been used throughout this book:

… to indicate that data are not available;

— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

– between years or months (e.g., 1996-97 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

/ between years (e.g., 1996/97) to indicate a crop or fiscal (financial) year.

“Billion” means a thousand million.

Minor discrepancies between constituent figures and totals are due to rounding.

The term “country,” as used in this book, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.

Glossary of Abbreviations

APEC

Asia-Pacific Economic Cooperation

ASEAN

Association of South East Asian Nations

BIS

Bank for International Settlements

CCL

Contingent Credit Line

CGER

Coordinating Group on Exchange Rates

CIS

Commonwealth of Independent States

ECB

European Central Bank

ECOFIN

European Council of Finance Ministers

ED

Executive Director

EMU

Economic and Monetary Union

ERM

exchange rate mechanism

EU

European Union

EWS

early warning system

FSSA

Financial Sector Stability Assessment

G-7

Group of Seven

G-22

Group of 22

GCC

Gulf Cooperation Council

ICMR

International Capital Markets report

IIF

Institute of International Finance

ILO

International Labor Organization

IOSCO

International Organization of Securities Commissions

MAE

Monetary and Exchange Affairs Department

NGO

nongovernmental organization

OECD

Organization for Economic Cooperation and Development

PDR

Policy Development and Review Department

PIN

Press/Public Information Notice

RED

Recent Economic Developments report

RES

Research Department

WEMD

World Economic and Market Developments

WEO

World Economic Outlook

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