Doug, wasn't that the thesis of that BBC analysis you posted on the list back when the US and EU were fighting over the next IMF MD?
Seth
---
Doug wrote:
> [The PR campaign intensifies. Love the way the IMF is blaming the WB
> for pushing "hotly disputed" adjustment plans!]
>
> New York Times - June 30, 2000
>
> I.M.F. Is Expected to Ease Demands on Debtor Nations
> By JOSEPH KAHN
>
> WASHINGTON, June 29 -- The International Monetary Fund, which has
> ordered developing nations to enact wrenching reforms as the price
> for emergency aid in recent years, is likely to curtail the demands
> it makes of clients who borrow money in the future, a senior fund
> official said today.
>
>