Set the IMF Free
The IMF is back in business, as now more and more countries need balance-of-payment support, and as the global monetary system needs a body to oversee its overall stability. The IMF is the only candidate for this task, but experience has shown that the Fund can fulfill this role only if its governance is reformed.
https://prosyn.org/9BtxW5Y
BRUSSELS – The International Monetary Fund is back in business. During the bubble years, neither its advice nor its money seemed to be needed. But now more and more countries need balance-of-payments support, and there is general agreement that the global monetary system needs a body to oversee its overall stability. The IMF is the only candidate for this task, but experience has shown that the Fund can fulfill this role only if its governance is reformed.