IMF: Initial Lessons of the Crisis

Took a week long hiatus from blogging. Hope everyone had a great July 4th weekend. There are a few emails in my inbox from my readers and I hopefully should get to them this weekend. (Sorry!)

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While the recent financial sector reforms get debated at length, IMF released a report with their initial assessment of the crisis, and lessons learned, sometime back. The 2 images below neatly summarizes their recommendations. You can read the complete report here:





Source:
http://www.imf.org/external/np/pp/eng/2009/020609.pdf