40 years on: on F&D's 40th birthday, a former Editor-in-Chief of the magazine reviews four decades of publishing

THE INITIAL impetus for what was to become Finance H unfolding came from the late Frank J Southard, then IMF envoy Managing Director, who was renowned for his rigid oversight of every aspect of the IMF's operations. He conceived of a "Fund Survey" that would look after to explain the purposes and operations of the IMF. His initiative came at a time when there was virtually no public understanding of the IMF and its work, not smooth a basic pamphlet to explain its operations to the curious.

Yet there was abundant to explain. The IMF had been intimately involved in