Global Financial Crisis: Increasing IMF Resources and the Role of Congress

摘要

The current global financial crisis is testing the ability of the International Monetary Fund (IMF), and other international financial institutions (IFIs) to provide sufficient assistance to affected countries. It has also enhanced the IMF's role in crisis management and given it a key place in current efforts to reform the world financial system. During the past half- year, many countries have come to the IMF for assistance and more are likely to apply. Several steps have been taken to expand the IMF's financial resources and to otherwise augment the funds available to help vulnerable countries weather the present crisis.