Can Asia Overcome the IMF Stigma?
探讨亚洲国家因1997-98年金融危机经历而对国际货币基金组织产生的污名感，分析其通过积累外汇储备和结构改革增强自身实力后，是否愿意参与IMF新预防性流动性安排或选择区域安全网。
Asian countries still have the IMF stigma, which originates from the experiences of the Asian crisis of 1997-98. The feeling of being unfairly treated grew even stronger afterward. The Asian countries built large foreign reserves, carried out structural reforms, and became even stronger than pre- crisis period. Asians are confident in not repeating the same mistake of falling into a crisis with too much external borrowing. Whether IMF can entice Asia to new precautionary liquidities facilities remains uncertain. Asia may choose either to focus on completing a regional safety net or to engage in IMF, demanding for a greater voice and votes.