To be sure, since 2007, the IMF has prohibited “large-scale intervention in one direction in the exchange market,” in a decision on “bilateral surveillance” that also identifies “large and prolonged” current-account imbalances as a reason for review. But neither that decision nor later IMF policy papers on multilateral surveillance provide specific and comparative quantitative indicators that would eliminate the need for case-by-case judgment.
平心而论，2007年以来，IMF在关于“双边监督”的决定中禁止“在外汇市场上进行大规模单方向干预”，该决定还规定“大规模、长时间”的经常项目失衡需要接受检查。但这一决定和此后IMF 关于多边监督的政策论文都没有提供具体且可比的量化指标以免除具体案例具体判断的必要。