IMF Working Papers

The Tasks Ahead

November 1, 2008

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The Tasks Ahead, (USA: International Monetary Fund, 2008) accessed September 19, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This note, prepared ahead of the G20 Summit (November 15), builds upon the points laid out in the Managing Director’s letter to the Heads of State and Government (November 9). It lays out two tasks ahead for policy makers. Policies for now should cover:(i)implementing and coordinating policies to sustain demand; (ii) providing liquidity support to emerging economies; and (iii) protecting low-income countries. Longer term reforms of the financial architecture should touch upon:(i) the design of financial regulation; (ii) a better way of assessing systemic risk; and (iii) mechanisms for more effective actions for crisis prevention and resolution.

Subject: Early warning systems, Financial crises, Financial sector, Liquidity, Systemic risk

Keywords: Disorderly market condition, Financial support, Liquidity provision, Market, Market discipline, WP

Publication Details

  • Pages:

    8

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2008/262

  • Stock No:

    WPIEA2008262

  • ISBN:

    9781451871203

  • ISSN:

    1018-5941

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