The assessment of the IMF’S role in maintaining financial stability over a decade (2008-2018)‎ : an evolving reform

Abstract EN

This study aims to assess the role of the (IMF) in maintaining Financial Stability a decade after the (GFC), a role that cannot be assessed accurately, it has been analyzed through monitoring a wide-ranging reforms that recommended the (G20) to the (IMF) since2008, through a comprehensive analysis of the undertaken reforms and their implementation along 2008 to 2018, relying on 2 main axes: the IMF’s surveillance reforms and reviews as well as its governance system progress, and the lending framework reforms and reviews; in order to track the progress made in the IMF’s preventive, its remedial role and reflecting its reality .

As a result, the reality of IMF’s role in financial stability is a wide evolving role in line with the evolving reforms entailing enhanced preventive and remedial dimensions and requiring continual adaption and reforms to the challenges, until the day it can be tested by a major crisis.