Stocktaking the Fund’s Engagement with Regional Financing Arrangements

Date: April 11, 2013
Electronic Access: Full Text

Summary:Following the global financial crisis of 2008-09, regional financing arrangements (RFAs) have been recognized as an important layer of the global financial safety net. This paper summarizes the current landscape of RFAs, and discusses IMF-RFA coordination to date and options for enhancing cooperation going forward. In so doing, it intends to contribute to discussions underway at international fora and solicit views from the Fund and RFA memberships on how to enhance cooperation.

Series : Policy Paper
Subject(s): International monetary system | Financial safety nets | External financing | International cooperation | Fund role