Spring Meetings 2014 : Seminar: Conversation on the Global Economy<br />with Christine Lagarde

IMF Seminars

Enhancing Global Safety Nets
to Strengthen Buffers in Emerging Markets

April 10, 2014, 4:30 p.m. – 6:00 p.m.
George Washington University, Jack Morton Auditorium

Overview

The market turmoil following tapering talks during May-August brought to the fore questions about the effectiveness of the global safety net. Countries have tried to build self insurance through reserve accumulation, expand Regional Financing Arrangements (RFAs) and the network of bilateral swap lines, while the Fund has revamped its lending instruments.

Some key questions for discussion include:

Is the size of the global safety net sufficient to meet country insurance needs?
Are there important gaps in the international financial architecture, and, if so, how can these be closed?
What are the implications for the IMF’s role in global crisis management?

This panel discussion is a closing session of a full-day conference on Enhancing Emerging Markets’ Resilience.