For example the cooperation between ABN AMRO and KPN in relation to the launch of the ‘Money Planet’ Internet site. A third consequence is that new suppliers can enter the market more easily. In the virtual world, barriers to entry are significantly lower. There is no longer a need for an extensive branch office network, for example.
With its universal membership, its unique mandate of maintaining monetary and financial stability, and as an international “supervisor” on the macroeconomic policies of its member countries, the IMF, equipped with its expertise, is endowed with a natural advantage to act as the manager of its member countries’ reserves. 2.