Integrating developing countries into the international financial architecture requires coping with four issues: First issue: developing countries have to perform a number of tasks in order to stabilize their economies. Second issue: executing the second generation reforms to provide an institutional setting suitable for a modern economy. Third issue: countries where the above-mentioned tasks have already been achieved or advanced to a large extent will need to defeat the resistance of markets in financing developing countries on a continual basis. All three statements are correct.