Word: strictly
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Dates: during 1990-1999
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...plan required the government to close 58 financial institutions. When that became known, "the panic intensified," Sachs says. "Rather than restoring confidence, the IMF's intervention merely confirmed to investors that they were right to flee." Meanwhile, financial institutions that will be closed because they cannot satisfy strict standards of reserve capital will have their assets, mainly foolhardy real estate developments, auctioned off. But that massive sell-off could lead to a sharp fall in values that will affect the portfolio of even sound financial institutions that hold the same type of properties...
South Korea?s Bailout Balloons The size of the IMF bailout package for South Korea?s fiscal crisis keeps growing and growing. So does Seoul?s resentment of the strict preconditions...
...said the E.C. should not be so anxious to dock points, but instead should simply warn candidates. He said he thinks the E.C. is definitely more strict about enforcing the regulations this year than in the past...
...Meanwhile, Asian finance officials may try to relieve some economic pressure in the region ? and sidestep IMF restrictions ? by establishing their own multibillion-dollar bailout fund. The Association of Southeast Asian Nations (Asean) fund would cooperate with the IMF and would have strict borrowing requirements of its own, but would not be accountable to the IMF. The fund, which would supplement international loans, has been opposed by the U.S. ? which wants to keep the IMF in control of dousing the region?s fiscal brush fires. TIME asks whether the IMF is up to the job of bailing out the Tigers
...preschoolers. Surprisingly, he found children's experts in favor of toddlers' watching TV--in moderation. Good news for Collins, father of two girls--Elizabeth, 2, and Virginia, 11 months. "Now that I know that TV won't rot my kids' brains, I may be a little less strict about it," he says. That may not matter to Elizabeth, who seemed to be equally uninterested in all the shows...