IMF Survey, Volume 30, Issue 06

On March 1, IMF Managing Director Horst Köhler announced the establishment of the International Capital Markets Department in the IMF. Below are edited excerpts from a March 2 press briefing by Kõhler and First Deputy Managing Director Stanley Fischer on that decision and on the IMF's response to financial crises, including Turkey (www.imf.org/imfsurvey).