On 28 November 2012, PhD student, Gillian Gallardo, graduated from the University of Glasgow with a M.Sc. in Global Economy as part of the ESRC 1+3. The studentship is tied to the ESRC project ‘The Development of International Financial Regulation and Supervision 1961-1982’. Gillian’s M.Sc. dissertation used previously unexplored IMF archival documents to investigate IMF and commercial bank relations up to and beyond the Latin American Debt crisis of 1982. The dissertation provides the basis for Gillian’s PhD thesis, which will examine IMF’s relations with commercial banks and debtor countries during the period 1978-1983.