How Did Emerging Markets Cope in the Crisis?

The IMF Executive Board has been considering reforms to strengthen the Fund’s mandate to better equip the institution to safeguard global stability. Executive Directors have supported a range of reforms to modernize the Fund’s surveillance mandate and modalities. This paper focuses on selected aspects of these reforms where further work was called for, including on a possible multilateral surveillance decision and proposals to enhance the traction and flexibility of bilateral surveillance.
Publication date: July 2010
ISBN: 9781498337250
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pre-crisis , WEO , Haver , primary balance , impact of the crisis

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