6. To shorten the duration and lessen the degree of
disequilibria, i.e. to maintain stability and prevent crises in the international monetary system , the IMF reviews country policies and national, regional, and global economic and financial developments through a formal system known as surveillance.
To prevent crises,the IMF uses Financial
Stability mechanisms .
skoma itfi sovereign debt & banking
crises 8IMF and Sovereign Debt
8
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