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2021 Comprehensive Surveillance Review— Background Paper on Main Findings from The Stakeholder Surveys

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 883/5 ( reviews)

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Book Synopsis 2021 Comprehensive Surveillance Review— Background Paper on Main Findings from The Stakeholder Surveys by : International Monetary

Download or read book 2021 Comprehensive Surveillance Review— Background Paper on Main Findings from The Stakeholder Surveys written by International Monetary. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: This note presents key results from the surveys of country authorities, IMF Executive Directors (EDs), and mission chiefs (MCs) to inform the Comprehensive Surveillance Review (CSR). Key takeaways and cross-cutting themes that emerge are Trends, Policy Challenges, Surveillance Priorities, Surveillance modalities and Traction.

2021 Comprehensive Surveillance Review — Overview Paper

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 421/5 ( reviews)

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Book Synopsis 2021 Comprehensive Surveillance Review — Overview Paper by : International Monetary

Download or read book 2021 Comprehensive Surveillance Review — Overview Paper written by International Monetary. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: Fund surveillance needs to evolve to face the economic and financial challenges that will shape the global landscape for years to come. This paper first takes stock of the current economic and financial landscape. To better serve the membership in this context, Fund surveillance should be prioritized around four key priorities: (i) confronting risks and uncertainties: policymakers will need to actively manage the risks of a highly uncertain outlook; (ii) preempting and mitigating adverse spillovers: shifting patterns of global economic integration will bring about new channels for contagion and policy spillovers; (iii) fostering economic sustainability: a broader understanding of sustainability to better account for the impact of economic and non-economic developments on stability; and (iv) unified policy advice: better accounting for the trade-offs and synergies among different policy combinations in the face of limited policy space and overlapping priorities, tailored to country-specific circumstances. These priorities should further enhance the traction of Fund surveillance.

2021 Comprehensive Surveillance Review— Background Paper on The Surveillance Priority Preempting and Mitigating Spillovers

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 91X/5 ( reviews)

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Book Synopsis 2021 Comprehensive Surveillance Review— Background Paper on The Surveillance Priority Preempting and Mitigating Spillovers by : International Monetary

Download or read book 2021 Comprehensive Surveillance Review— Background Paper on The Surveillance Priority Preempting and Mitigating Spillovers written by International Monetary. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has a range of modalities and tools to cover spillovers. However, there remains scope to enhance synergies between global and country-specific spillover coverage and to foster cross-country dialogue. Practical guidance and enhanced information-sharing would also allow for more systematic surveillance of spillovers. Furthermore, the COVID-19 pandemic has underscored the need to continue expanding the research frontier covering new spillovers and channels and developing new tools and data sets. Therefore, filling these remaining gaps in the Fund’s spillover work would allow for a more coordinated and evenhanded surveillance of spillovers.

2021 Comprehensive Surveillance Review— Modalities for Modernizing Surveillance

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 472/5 ( reviews)

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Book Synopsis 2021 Comprehensive Surveillance Review— Modalities for Modernizing Surveillance by : International Monetary

Download or read book 2021 Comprehensive Surveillance Review— Modalities for Modernizing Surveillance written by International Monetary. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: Modern Fund surveillance needs to be more targeted, topical and timely, better interconnected and better informed. Modernizing surveillance will likely require additional resources, although estimates are highly uncertain at this stage. The paper offers a tentative costing of new proposals with significant budgetary implications. Other proposals could rely on optimizing processes, while others are underway and funded separately; the resource implications of yet others are being picked up in context of other workstreams. Estimates do not include short-term transition costs or pressures on support services and are subject to a significant degree of uncertainty. A flexible approach to implementing the new modalities, characterized by experimentation and learning-by- doing—a “sandbox” for new modalities—is proposed.

2021 Comprehensive Surveillance Review— Background Paper on Traction

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 763/5 ( reviews)

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Book Synopsis 2021 Comprehensive Surveillance Review— Background Paper on Traction by : International Monetary

Download or read book 2021 Comprehensive Surveillance Review— Background Paper on Traction written by International Monetary. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents traction as a multidimensional concept and discusses a comprehensive and complementary set of approaches to attempt to measure it based on the Fund’s value added to policy dialogue and formulation and public debate in member countries.

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