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Industry: Email Alert RSS FeedHong Kong diary. (Sep 1997 IMF/World Bank meetings in Hong Kong)
Banker, The, October, 1997 by Timewell, Stephen
Several issues were discussed during the IMF/World Bank's Sep 1997 meetings in Hong Kong. These include arguments between Malaysian Prime Minister Mahathir Mohamad and investor George Soros over the cause of Malaysia's economic problems, agreement over the planned $285 billion increase in the IMF's capital base and the IMF Interim Committee's proposal that the IMF increase its role in the liberalization of capital flows.
With Asia still on the agenda, sparks fly at the IMF/World Bank meetings in Hong Kong.
Fireworks and fundamentals were the focus of the IMF/World Bank annual meetings in Hong Kong in late September as the upheavals in southeast Asian economies dominated both the headlines and policy initiatives.
The sparks flew as Malaysia's prime minister...
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