A Bankruptcy Plan for Nations?

IMF Deputy Managing Director Anne Krueger talks about that possibility for the world's developing countries

As the second-in-command at the International Monetary Fund, Anne O. Krueger plays a key role in shaping the IMF's short-term strategy for combating financial crises and its long-term plans for reform of the global financial system. In an interview before the IMF's annual meeting, scheduled to take place in Washington, D.C., at the end of September, Krueger dismissed fears that the IMF could be caught short of capital because it had already loaned so much to countries whose ability to repay is in question (see BW, 9/30/02, "The IMF Mess").

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