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Headline: Reflections now the dust has settled Source: Euromoney Date: October 2000 Author: James Smalhout At the World Bank/IMF annual meetings in Hong Kong three years ago the powerful interim committee gave the IMF a green light for yet another mission. The fund was keen to promote unrestricted international capital movements. But those were the days when money had just started to stampede out of Asia’s crisis countries. It was a memorable case of bad timing. During the crisis attitudes towards the free movement of capital hardened. |
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