There's a game played by pretty well every banker who frequents development bank meetings. It could be called "What's the Mood?" Delegates look back on the chaos of the IMF annual meetings in September 1999, when Ecuador defaulted, or the unleavened pessimism of the IMF meetings a year earlier, held in the shadow of the disastrous Russian crisis. This year's Inter-American Development Bank (IDB) meetings can be summed up by the word "malaise".
April 01, 2002