About IMFO | Order the Book | Sample Pages | Financial Crises | Useful Links | About the Author | ||||
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Welcome to the International Monetary & Financial Organization (IMFO) IMFO is an international organization––dedicated to fostering international monetary and financial cooperation––that features in Brett Wood's stunning new thriller, Nineteenth Street, N.W. At this site, you can find out more about Nineteenth Street Northwest, including reading some sample pages, order the book through major distributors in the United States and the United Kingdom, learn about financial crises, and link to other useful websites on international finance. Could financial crises be exploited by terrorists? The past few years have been extraordinarily benign in terms of global growth, low interest rates, and strong demand for the commodities and exports that emerging market countries produce. While many emerging market countries have used the breathing space of the past few years to improve their resilience—reducing their external debt, gradually accumulating foreign exchange reserves, enhancing regulation and supervision of their banks and financial sectors—others have not. The key question is whether emerging market economies will be resilient to crises when, inevitably, the good times come to an end. …“Most chilling of all was how perilously close the U.S. economy came to joining the global meltdown in September and October 1998 … the convulsions on Wall Street might well have engendered a worldwide slump.” The consequences for the world economy would be catastrophic: not just billions of dollars lost, but millions of livelihoods destroyed. |
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About IMFO | Order the Book | Sample Pages | Financial Crises | Useful Links | About the Author |