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developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for liquidity and heightened global … uncertainty, staff has revisited the 2017 proposal for a new facility to provide liquidity support to the Fund's membership. This … paper proposes the establishment of a new Short-term Liquidity Line (SLL) as a special facility in the General Resources …
Persistent link: https://www.econbiz.de/10014408787
-border banking and portfolio flows. Empirical analysis shows a range of price and quantity factors, including measures of risk, bank … mechanics of liquidity creation, the channels of liquidity transmission, and potential risks going forward …
Persistent link: https://www.econbiz.de/10014410698
The Global Financial Safety Net (GFSN) is comprised mainly of countries' own reserves and external public sources of insurance and financing. The main external official arrangements are central bank bilateral swap arrangements (BSAs), regional financial arrangements (RFAs), and the Fund. The...
Persistent link: https://www.econbiz.de/10014408629
liquidity in the face of increased vulnerabilities calls for enhancing the liquidity support provided through the … episodes of volatility. Demand for liquidity has intensified, in particular from emerging markets, which are experiencing a … demand for liquidity. The IMFC and G20 have called on the Fund to further strengthen the safety net. The uneven use of the …
Persistent link: https://www.econbiz.de/10014408699
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This paper examines the implications of the Fund accepting membership in the Financial Stability Board ('FSB'). The FSB Charter (the ?Charter?) explicitly contemplates the possibility of the Fund and the other international financial institutions becoming members but notes that ?the acceptance...
Persistent link: https://www.econbiz.de/10014410140
system, underscoring the value of a GFSN design that is effective in forestalling the risk that a localized liquidity shock … propagates through the global financial network turning into a large-scale systemic crisis …
Persistent link: https://www.econbiz.de/10014410443