In particular, this crisis has reinforced the obvious belief that a country that manages itself well in normal times is likely to be better equipped to deal with the consequences of a crisis, and likely to emerge from it at lower cost. In particular, we should continue to believe in the good housekeeping rules that the IMF has tirelessly promoted.
In normal times countries should maintain fiscal discipline and monetary and financial stability. At all times they should take into account the need to follow growthpromoting structural policies. And they need to have a decent regard for the welfare of all segments of society. The list is easy to make.