Categorie
G20 Global Financial System

A new proposal for the G-20 to strengthen the global financial safety net (Brahima Sangafowa Coulibaly and Eswar Prasad, Brookings)

Undoubtedly, the economic recovery from the COVID-19 pandemic will dominate the agenda for the G-20 Summit in Rome in late October. The summit also presents an opportunity to lay the foundation for a more robust and resilient global financial system. The creation of a new global liquidity insurance mechanism (GLIM) would expand the financial safety net to encompass a larger share of the world’s population.

A new proposal for the G-20 to strengthen the global financial safety net (brookings.edu)