The Recent Financial Turmoil - Initial Assessment, Policy Lessons, and Implications for Fund Surveillance
Policy Papers, April 9, 2008
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- The Recent Financial Turmoil - Initial Assessment, Policy Lessons, and Implications for Fund Surveillance
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Bibliographic details
- Published: April 9, 2008
- Series: Policy Papers
- Stock No: ISBN
Summary
- In response to the IMFC’s October 2007 communiqué, IMF staff has sought to assess the causes of the present turbulence and draw tentative lessons in order to inform its future bilateral and multilateral surveillance work.
- This effort has involved close collaboration with the Financial Stability Forum (FSF) and its working groups, as well as consultation with the private sector, national authorities, standard setters, and other bodies.
Objectives and Scope
- Assess causes of the recent financial turbulence.
- Draw tentative lessons to inform future IMF bilateral and multilateral surveillance.
- Coordinate findings through collaboration with the Financial Stability Forum (FSF) and its working groups.
- Consult with the private sector, national authorities, standard setters, and other bodies to broaden perspectives and inputs.