Back in 1997-1998, during the Asian crisis, the G-7 flatly rejected Japan’s proposal for an Asian Monetary Fund. Now the IMF has even accepted a minority-lender role, with the bulk of assistance coming from the European Stability Mechanism (ESM), a new institution often viewed as an embryonic European Monetary Fund.
此外，这三大机构之间的合作前所未有。1997—1998年亚洲金融危机期间，G7断然拒绝了日本成立亚洲货币基金的方案。如今，IMF甚至接受了次要贷款人的角色，援助的大头将来自欧洲稳定机制（European Stability Mechanism，ESM），这是个被广泛视为欧洲货币基金雏形的机构。