Article: Lessons from Asia put to good use in Europe

Mohamed Ariff
New Straits Times
11-10-2009
Lessons from Asia put to good use in Europe
Byline: Mohamed Ariff
Edition: Main/Lifestyle
Section: Main Section

HINDSIGHT has the International Monetary Fund making smarter decisions on financial reforms a decade after the Asian financial crisis, writes MOHAMED ARIFF.

International Monetary Fund (IMF) programmes in Europe now are similar to those implemented in Asia a decade ago, but there are important differences in approach. These are largely attributable to the valuable lessons the IMF learned from its experience in Asia.
Hungary, Iceland, Latvia and Ukraine were among the 15 recipients of IMF help this time around, between November last year and ...