Question 15.1 Click on this article http://www.brook.edu/dybdocroot/pressroom/conferencereport/cr01.htm Discuss the importance of “moral
hazard” in the discussion of what the IMF should do in future financial crises.
What does this suggest IMF policy should be with regard to “rescuing” countries? Question 15.2Click on this article http://www.heritage.org/library/backgrounder/bg1204.html Comment on this conservative
think-tank’s approach to “reforming” the IMF. Note that the IMF is criticized
as being an undemocratic organization that acts in secret. Comment on whether
economic rescues are such that quick reactions by experts justify the
undemocratic decision making process that is being criticized. | 
2003 McGraw-Hill Higher Education