V A cool head rather than a hot heart; that would, by the way, even be appropriate or would be particularly appropriate - if the crises in the global financial system were to spread further (though I sincerely hope, and believe, they will not). That goes for the IMF. There must be no more panic-stricken rescue operations in which private creditors are not involved.
It also goes for the countries concerned. Thus, debt moratoriums announced unilaterally - i. e. without including the creditors - are highly questionable. After all, a country beset by a crisis has to try to regain investors’ confidence as soon as possible. Utmost caution is required on the subject of controls on capital movements, too.