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Interview with Takatoshi Kato: Top IMF official underscores need for flexible exchange rate management in Asia

Interview with Takatoshi Kato: Top IMF official underscores need for flexible exchange rate management in Asia »

Source: IMF Survey, Volume 33, Issue 17

Volume/Issue: 33/17

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2004

ISBN: 9781451968828

Keywords: debt, interest rates, central bank, public debt, fiscal policy

For a few months in late 2000 and early 2001, Turkey hovered on the brink of economic collapse. High inflation, a large public debt, a growing current account deficit, and delays in restructuring the economy trigge...