... vulnerability and measures to prevent the emergence of crises. The G-7 Finance Ministers expect the IMF "in conducting its surveillance work, to continue to sharpen its focus on macroeconomic policy, capital flows and structural issues which have an impact on macroeconomic stability, in particular in the financial sector, and on exchange rates with a view toward encouraging countries to ... justified (IMF Survey, August 28, 2000). Developing countries would favor an acceptance by the IMF of the possibility of using capital controls as a regular instrument of national policy instead of tre...

• Word Count: 3629
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate