Central Banking

Unpublished IMF letter to the Wall Street Journal

The Letter That The Wall Street Journal Declined to Publish

By Thomas C. Dawson

Director, External Relations Department

International Monetary Fund

April 10, 2002

Mary O'Grady rails at all parties in the Argentine crisis ("Cavallo Gets the Bill for IMF and Argentine Profligacy," April 5), yet her only solution is to do nothing. She seems to reserve her highest umbrage for those who actually try to find a way out. Why is it so outrageous for the IMF-fully backed by the international community-to t