One of the few clear victors in the policy mêlée around the G20 meeting is the International Monetary Fund, which is in the process of both acquiring a lot more money and making it easier to get it out of the door.
With Mexico's announcement, confirmed yesterday, that it would apply for a $47bn (35.5bn, ￡32.5bn) IMF precautionary credit line, the fund has finally overcome a decade of failure to get countries to take out IMF insurance in good times rather than simply being forced to go to it in bad.
Experts say the key issue now is how many countries follow Mexico's lead, and in particular whether countries in the middle of the spectrum, neither basket cases nor teachers' pets, are prepared to risk the stigma of going to the IMF.
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