Publication
21 Sep 2007
The International Monetary Fund faces a unique set of challenges in the current economic environment. With the continuing growth in the emerging market economies, the demand for IMF assistance has shrunk dramatically. In order to prevent a future need for an IMF-bailout, many emerging market countries are accumulating vast amounts of foreign exchange reserves. In 2006, IMF Managing Director Rodrigo de Rato created a panel of “eminent persons”to advise the IMF about reform of its income model, given the lower demand for IMF lending.
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English (PDF, 6 pages, 75 KB) |
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Author | Martin A Weiss, Jonathan E Sanford |
Series | US Congressional Research Service Reports |
Publisher | Congressional Research Service (CRS) |