Philip Gerson and Abdelhak Senhadji of the International Monetary Fund (IMF) discuss a new book presenting the Fund's unique vantage point while helping its members navigate through budgetary difficulties during the global financial crisis. Carlo Cottarelli, Vitor Gaspar, Maya MacGuineas, and Adam S. Posen provided commentary. The event was held July 14, 2014, at the Peterson Institute for International Economics. For more information, visit: www.piie.com/events/event_detail.cfm?EventID=340