NEW MIYAZAWA INITIATIVE

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                    [ArticleID] => 168319
                    [Title] => IMF backs Asean regional cooperation
                    [Summary] => The International Monetary Fund (IMF) is supportive of the Chang Mai Initiative and similar forms of regional cooperation but it stopped short of endorsing the proposed creation of the Asian Monetary Fund (AMF).


IMF director for external affairs Thomas Dawson said the idea of creating regional funds were generated in the context of the 1997 financial crisis which demonstrated the need for regional cooperation.


                    [DatePublished] => 2002-07-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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IMF backs Asean regional cooperation

July 15, 2002 - 12:00am

The International Monetary Fund (IMF) is supportive of the Chang Mai Initiative and similar forms of regional cooperation but it stopped short of endorsing the proposed creation of the Asian Monetary Fund (AMF). IMF...

Business