In light of the changing contours of the global economy, this paper provides an overview of the challenges facing the International Monetary System (IMS). It se

What is the extent of currency diversification in the international monetary system? How has it evolved over time? In this paper, we quantify the degree of curr

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benef

An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those