Strengthening IMF Surveillance
In today’s globalized economy, one country’s economic and financial policies can reverberate far beyond its borders. The IMF's reform of its surveillance process promises greater effectiveness in promoting economic growth and stability while preventing disruptive crises.
In today’s globalized economy, one country’s economic and financial policies can reverberate far beyond its borders. Be it the spread of inflation or the impact of currency devaluation half a world away, global economic forces can have a direct impact on every person’s livelihood. Under such circumstances, international cooperation is essential to ensure stability and growth and prevent disruptive crises. But for such cooperation to be effective, the international community needs the right tools.
In today’s globalized economy, one country’s economic and financial policies can reverberate far beyond its borders. Be it the spread of inflation or the impact of currency devaluation half a world away, global economic forces can have a direct impact on every person’s livelihood. Under such circumstances, international cooperation is essential to ensure stability and growth and prevent disruptive crises. But for such cooperation to be effective, the international community needs the right tools.