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That unhappiness may also have implications for future crises.
That will make future crises more difficult to manage.
This is essential to developing resilience to future crises.
We must create permanent capabilities to respond to future crises.
Avoid future crises by exaggerating current indicators of potential threats.
Since then, many countries have insured themselves against future crises by hoarding vast foreign-exchange reserves.
And unless it fixes its governance problems, it will do even worse in future crises.
Giving up the ability to adjust exchange rates, they warned, would invite future crises.
With anything less, regulators are planting the seeds for future crises.
That said, the importance of the U.N. for future crises should not be underestimated".
Developing countries bought rich-world government bonds (stored as currency reserves) as insurance against future crises.
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