The International Monetary Fund’s (IMF) response to the financial crisis that swept through Asia in 1997 provoked a level of controversy that had certainly not been seen since the debt crisis. ‘Rarely in its 52-year history’, said the New York Times, ‘has the Fund been under such concerted attack from so many quarters’ (NYT 1 February 1998).
KeywordsInternational Monetary Fund Debt Crisis Political Legitimacy Asian Crisis Legitimacy Claim
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