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CRS - RS22976 - Global Financial Crisis: The Role of the IMF

CRS - RS22976 - Global Financial Crisis: The Role of the IMF

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WikiLeaks Document Release
February 2, 2009
Congressional Research ServiceReport RS22976
The Global Financial Crisis: The Role of the International Monetary Fund (IMF)
Martin A. Weiss, Foreign Affairs, Defense, and Trade DivisionDecember 1, 2008
Abstract.
This report discusses two potential roles the International Monetary Fund (IMF) may have inhelping to resolve the current global financial crisis: (1) immediate crisis control through balance of paymentslending to emerging market and less-developed countries and (2) increased surveillance of the global economythrough better coordination with the international financial regulatory agencies.
 
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Prepared for Members and Committees of Congress
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This report discusses two potential roles the International Monetary Fund (IMF) may have inhelping to resolve the current global financial crisis: (1) immediate crisis control through balanceof payments lending to emerging market and less-developed countries and (2) increasedsurveillance of the global economy through better coordination with the international financialregulatory agencies. This report will be updated as events warrant.

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