To avoid or minimize international financial crises in the future,the IMF is taking which of the following measures?

Question

Quizplus · Accepted Answer

Strengthening emerging markets' banking and financial systems is a measure taken by the IMF to avoid or minimize international financial crises in the future. This is because an effective and robust banking and financial system can prevent financial instability and contagion. Reducing transparency, discouraging private sector involvement, and increasing quantitative control over trade are not measures that the IMF is taking to address international financial crises.

To Avoid or Minimize International Financial Crises in the Future,the