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Strengthening the Global Financial Safety Net in the face of heightened risks
[Comment renforcer le filet de sécurité mondial face à la montée des risques ?]

Author

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  • Marie-Hélène Ferrer
  • Ludivine Berret
  • Céline Rochon

Abstract

In a world marked by reduced fiscal and monetary leeway and heightened risks, a strengthened Global Financial Safety Net is desirable, in addition to better macroeconomic policy coordination. This issue, discussed under the French G7 Presidency, calls for a renewed multilateralism (see the blog on “The G7, an engine for multilateralism”). Dans un monde marqué par une réduction des marges de manœuvre budgétaires et monétaires ainsi que par une montée des risques, renforcer le filet de sécurité mondial est souhaitable, en plus d’une meilleure coordination des politiques macroéconomiques. Ce sujet, discuté au sein du G7 sous Présidence française, plaide pour un multilatéralisme accru (cf. billet « Le G7, un moteur du multilatéralisme ? »).

Suggested Citation

  • Marie-Hélène Ferrer & Ludivine Berret & Céline Rochon, 2019. "Strengthening the Global Financial Safety Net in the face of heightened risks [Comment renforcer le filet de sécurité mondial face à la montée des risques ?]," Eco Notepad (in progress) 126, Banque de France.
    • Handle: RePEc:bfr:econot:126
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