Hamjatta, I need not explain to you why I did not respond earlier since you are fully aware of the reason. Jeffrey Sach is not alone in blamimg the IMF for the financial woes of the emerging markets. He is in the good company of Lawrence Summer(who is regarded in other quarters as the most intelligent economist alive)and an array of Asian and Latin American economists and bankers, not to mention the economists at the US Treasury. The handling of the Asian financial crisis and the Russian fiasco accrelerated the exit of Camdessus. Ironically, he was warning the world in Bangkok yesterday of yet another impending financial melt-down unless "individual countries follow through on nitty-gritty of reforms encouraged over the past few years by the Fund." ---------------------------------------------------------------------------- To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html ----------------------------------------------------------------------------