Analysis of the Impact of the Reforms Implemented by the International Monetary Fund

Mario Cuvi Santacruz; Angie Sánchez Erazo

doi:10.55927/ijis.v2i1.3049

Authors

Mario Cuvi Santacruz University in Europe
Angie Sánchez Erazo University in Europe

DOI:

https://doi.org/10.55927/ijis.v2i1.3049

Keywords:

International Monetary Fund, International Monetary System, Stability, Reforms, Surveillance

Abstract

The International Monetary Fund watches over the international monetary system and analyzes issues that could incite instability. It does this through a system called surveillance, by which it monitors, studies, integrates and evaluates data and provides advice on economic policies to its members. This paper explains what surveillance is, its function, importance, and legal regime, it analyzes recent reforms to the system and proposes recommendations on how The Fund should take advantage of these reforms to better influence countries’ decisions and therefore positively affect members´ engagement with Surveillance

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