NPQ

Today's date:

Winter 1999

• POST GLOBALIZATION

• COMMENTARIES 2001-2007

• MADE IN CHINA

• THE TWO SOULS OF TURKEY

• THE NEW GLOBAL CINEMA

• MAKING GLOBALIZATION WORK

• DE-GLOBALIZE THE JIHAD

• THE THIRD WAVE'S THIRD WAY

• PLANET OF SLUMS

• THE GLOBAL IDEOLOGY
OF FEAR

• THE OTHER

• POST-NATIONAL
LITERATURE

• COLLAPSE OR MASSIVE
CHANGE?

• THE RISE AND FALL OF
AMERICA'S SOFT POWER

• THE SCIENTIFIC IMAGINATION

• PUBLIC DIPLOMACY

• THE HEADSCARF CONTROVERSY

• SCULPTURE AND THE
NEW SCIENCE

• BIOTECH AND THE
NEW BABEL

• WAR THROUGH THE
BACK DOOR

• ANTIAMERICANISM

• THE RISING SOFT POWER
OF CHINA & INDIA

• THE BUSH DOCTRINE

• FAIRNESS IN A FRAGILE
WORLD

• AMERICA'S MIGHT

• ISLAM IN THE 21ST CENTURY

• ANTIGLOBOS

• HOT PEACE

• MODUS VIVENDI

• LOOKING NORTH

• FROM WELL HAVING TO
WELL BEING

• POST-HUMAN HISTORY

• GLOBAPHOBIA

• THE GLOBAL MIND

• AFTER KOSOVO

• FROM VIETNAM TO KOSOVO

• DEGLOBALIZATION?

• THE RISE OF THE MEDIA-
INDUSTRIAL COMPLEX

• BOOM [NUCLEAR] AND
[BUST] ECONOMIC IN ASIA

• BEYOND CAPITALISM

• ASIAN CRISIS

• CHINA: THE ASIAN
RENAISSANCE

• SLOW IS BEAUTIFUL

• ECLIPSE OF THE BIG
PICTURE

• AFTER THE END OF
HISTORY

• THE EAST IS RED AGAIN

• HALF-A-HEGEMON

• THIRD WAVE TERRORISM

• HEIMAT

• Fall 1987

• Winter 1987

• Spring 1986

• Fall-Winter '84-'85

• Spring 1984

Orderly Liberalization, Not Deglobalization

Michel Camdessus is managing director of the IMF. He wrote this article in November.

Washington - The International Monetary Fund has come under heavy criticism in recent months both for its handling of global financial contagion and its proposals for defending against future crises. While many of the critics have offered constructive advice, at time the discourse has lost sight of the facts and the true significance of the proposed remedies.

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