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Multilateral surveillance: ensuring a focus on key risks to global stability

Knight, Malcolm D. and Ortiz, Guillermo (2015) Multilateral surveillance: ensuring a focus on key risks to global stability. Special Papers (No 7). Systemic Risk Centre, London School of Economics and Political Science, London, UK.

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Abstract

The 2007/9 crisis and the ongoing transformation of the global economy call for a rethink of the scope of the Fund’s multilateral surveillance. This paper first reviews the reforms already undertaken in response to the crisis as a basis for exploring the case for further initiatives to ensure that the Fund’s multilateral surveillance function is equipped to identify the key risks to global stability, within its areas of comparative advantage. The paper offers recommendations for further reforms within the Fund’s existing mandate, and more far-reaching changes that might be warranted over the medium term, in particular to ensure that risks from capital flows are adequately addressed.

Item Type: Monograph (Report)
Official URL: http://www.systemicrisk.ac.uk/
Additional Information: © 2015 The Author
Divisions: International Relations
Systemic Risk Centre
Subjects: J Political Science > JC Political theory
Sets: Departments > International Relations
Research centres and groups > Systemic Risk Centre
Date Deposited: 12 Mar 2015 14:32
Last Modified: 17 Apr 2019 23:02
URI: http://eprints.lse.ac.uk/id/eprint/61208

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