Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011
Policy Papers, October 31, 2011
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- Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011
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Bibliographic details
- Published: October 31, 2011
- Series: Policy Papers
Summary overview
- The global economy has entered a dangerous new phase with severe downside risks.
- The Fund has been called by the IMFC to contribute to an orderly resolution of these tensions.
- The membership must be prepared for bold action.
Immediate priorities and responsibilities
- Develop and coordinate solutions to immediate threats to global stability.
- Provide insightful analysis and policy advice to address fiscalfinancial vulnerabilities.
- Rekindle growth and job creation.
Strengthening the global financial safety net
- Be prepared to fortify the global financial safety net.
Longer-term objectives for the international monetary system (IMS)
- Redouble efforts to make the international monetary system (IMS) stronger in the longer term.
- Emphasize more effective surveillance.
- Foster a clearer shared vision of the IMS’s key underpinnings.
Related institutional notes
- The IMF eLibrary offers over 25,000 IMF publications in multiple formats.
- Topics listed under Subject: Corporate governance, Executive Board work program, Financial stability, International monetary system, Low-income developing countries, Managing Director reports, Technical assistance.
Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011