Carlo Cottarelli is Director, Fiscal
Affairs Department, International Monetary Fund. He joined the IMF in 1988,
working for the Fiscal Affairs Department, the European Department, the
Monetary and Capital Markets Department, and the Policy Development and
Review Department. Mr. Cottarelli has been Deputy Director both in the
European Department and the Policy Development and Review Department. He
has written several papers on fiscal and monetary policies and institutions,
and edited books on inflation, monetary policy, and exchange rates.