Can the IMF Make a Productive Response to the Economic Crisis?

After G20 countries allotted the IMF $1tillion a few weeks ago, there are concerns that they will not be able to deliver the policies needed to make sure developing countries make it through the economic crisis. This is not surprising, IMF policies after the Asian Financial Crisis were seen as failures. They had a one size fits all philosophy to economic problems - there were reports that the wrong country was found imbedded in the paperwork because they had cut-and-pasted the text from rescue package to rescue package - even when economic conditions were considerably different from country to country.