EconPapers    
Economics at your fingertips  
 

The Historical Development of the Principle of Surveillance

Harold James

IMF Staff Papers, 1995, vol. 42, issue 4, 762-791

Abstract: The article discusses the evolution of surveillance from the rules-based Bretton Woods regime to the multilateral surveillance of the IMF, the G-5 and G-7 Finance Ministers, and the G-7 summit. The creation of a mechanism for collecting and analyzing data and providing forecasts through the World Economic Outlook exercise allowed a formulation of a policy response to the economic shocks of the 1970s and 1980s. James argues that the supply of information came to play a central role in guiding choices on economic policy; and that publicly available information is critical if market panics and crises are to be avoided.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.palgrave-journals.com/imfsp/journal/v42/n4/pdf/imfsp199535a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/imfsp/journal/v42/n4/full/imfsp199535a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:imfstp:v:42:y:1995:i:4:p:762-791

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41308/PS2

Access Statistics for this article

More articles in IMF Staff Papers from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-19
Handle: RePEc:pal:imfstp:v:42:y:1995:i:4:p:762-791