{
  "title": "2021 Comprehensive Surveillance Review— Background Paper on Scenario Planning",
  "publication": "Policy Papers, May 18, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2021/05/18/2021-comprehensive-surveillance-review-background-paper-on-scenario-planning-460340",
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  "summary": "The scenario planning exercises help to draw out the surveillance priorities and stress- test the robustness of those priorities to uncertainties in the decade ahead.",
  "publishDate": "2021-05-18",
  "series": "Policy Papers",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: May 18, 2021\n- Core purpose: Use scenario planning exercises to draw out surveillance priorities and stress-test the robustness of those priorities to uncertainties in the decade ahead.\n- Central priorities addressed:\n  - Confronting risks and uncertainties\n  - Mitigating spillovers\n  - Economic sustainability through a unified policy approach"
    },
    {
      "heading": "Key findings from the scenario planning exercises",
      "content": "- The scenarios illustrate how different shocks and alternative policy approaches:\n  - Carry their own risks\n  - Can have both positive and negative spillovers\n- Scenarios demonstrate complex economic and non-economic factors feeding into the priority on economic sustainability\n- Scenarios show how resource constraints and changing economic structures underpin the need for a unified policy approach"
    },
    {
      "heading": "Policy implications and emphasis",
      "content": "- Surveillance priorities should be stress-tested against a range of plausible scenarios over the next decade\n- Policies must account for:\n  - Trade-offs where actions to address one risk can create spillovers elsewhere\n  - Interactions between economic sustainability concerns and non-economic factors\n- A unified policy approach is warranted given resource constraints and evolving economic structures"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Economic sectors, Environment, Fintech, Health, Monetary policy, Political economy, Technology, Transnational corporations\n- Keywords: Europe, Fintech, Global, IMF's transparency policy, policy approach, projections of the IMF, service provision, surveillance priority, Transnational corporations\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2021/05/18/2021-comprehensive-surveillance-review-background-paper-on-scenario-planning-460340"
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    "Published: May 18, 2021",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9781513583174.007",
    "Publication date: May 18, 2021",
    "Core purpose: Use scenario planning exercises to draw out surveillance priorities and stress-test the robustness of those priorities to uncertainties in the decade ahead.",
    "Central priorities addressed:",
    "The scenarios illustrate how different shocks and alternative policy approaches:",
    "Scenarios demonstrate complex economic and non-economic factors feeding into the priority on economic sustainability",
    "Scenarios show how resource constraints and changing economic structures underpin the need for a unified policy approach",
    "Surveillance priorities should be stress-tested against a range of plausible scenarios over the next decade",
    "Policies must account for:",
    "A unified policy approach is warranted given resource constraints and evolving economic structures",
    "Subject: Economic sectors, Environment, Fintech, Health, Monetary policy, Political economy, Technology, Transnational corporations",
    "Keywords: Europe, Fintech, Global, IMF's transparency policy, policy approach, projections of the IMF, service provision, surveillance priority, Transnational corporations",
    "**Policy Paper**"
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