The IMF’s Next Mission?
The world economy is increasingly threatened by volatile market reactions to global imbalances at a time when the IMF has largely lost its original raison d’être as the world’s central monetary institution. These two developments should stimulate the Fund to claim a new purpose as the world’s reserve manager.
The world economy is increasingly threatened by volatile market reactions to global imbalances at a time when the IMF has largely lost its original raison d’être as the world’s central monetary institution. These two developments should stimulate the Fund to claim a new purpose as the world’s reserve manager.