When will economics guide IMF and World Bank reforms?

Article Abstract:

Many reforms proposed in the Mar 2000 report on the World Bank and the International Monetary Fund (IMF) are economically sound, especially the proposal that these organizations should not serve foreign policy needs. The IMF's ability to provide lines of credit to qualifying nations could prevent liquidity crises and bailouts.

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Mexico, currency reform, and the stabilization imperative

Article Abstract:

Mexico can stabilize its economy by eliminating its monopoly on the peso and permitting monetary choice. This might mean the US dollar will drive out the peso in the long run, yet if the dollar should lose value people would be free to choose a stronger currency.

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The real issues in Asia

Article Abstract:

The Asian economic crisis of the early 1990s had structural and cyclical components. The structural component is microeconomic and pervasive, while the cyclical component was produced by mistakes in macroeconomic policy.

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