The IMF and Western economists argued that governments in Mexico, South Korea, Brazil, Turkey, and elsewhere had not adopted the policies – prudential regulations, fiscal restraint, and monetary controls – needed to take advantage of capital flows and prevent crises.
O FMI e os economistas Ocidentais argumentavam que os governos no México, Coreia do Sul, Brasil, Turquia, e noutras paragens não tinham adoptado as políticas – legislação prudencial, contenção orçamental, e controlos monetários – necessárias para tirar vantagens do fluxo de capitais e para prevenir crises.