most concerned. However, there should be drastic changes in the statutes of the IMF if its mandate were to exert prudential governance in the international financial system. The IMF should reflect the upcoming changes in economic power. Revisions of quotas should be enacted. A political committee with effective authority over the services should be set up at last. It would be the locus of strategic decisions to deal with crises of worldwide dimension. If and when the IMF could acquire legitimacy as the political center of prudential governance in the global financial system, Keynes's utopia about world money might become an issue in world politics in the remote future of the twenty-first century.