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A Closer Look (International Monetary Fund) #176875

ABC Evening News for Tuesday, Oct 06, 1998
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(Studio: Peter Jennings) An examination of the "mysterious presence" of the International Monetary Fund (IMF) introduced; details given of what this cooperative institution does to maintain a stable world economy.

(No location given: Robert Krulwich) What happens in international banking when the IMF responds to a default crisis examined; details given {with examples of Indonesia, Russia, Thailand and South Korea cited} of the process by which the IMF will lend emergency money.

(Studio: Peter Jennings) The politics of United States support of the IMF noted.

Jennings, Peter;
Krulwich, Robert

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