How Did Emerging Markets Cope in the Crisis?

Download or read book How Did Emerging Markets Cope in the Crisis? written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2010-07-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.