Will the current crisis trigger a revival of the IMF?
In this Policy Contribution, Jean Pisani-Ferry, takes a look at the way the IMF his gradually making its come-back from an era of crisis confidence and legitimacy. The author believes the Fund could gain a significant role as the key institution that links macroeconomic and financial developments and draw implications for macrofinancial supervision, relying on others such as the FSF for implementation. He outlines a series of recommendations to reach this objective.
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- Fabian Valencia & Luc Laeven, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 08/224, International Monetary Fund.
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