Publication
Sep 2016
This brief looks at the G20’s expanded global financial safety net and its areas of neglect and needed reform. The core problem with the current net is that it hasn’t properly aligned access criteria and sovereign debt restructuring requirements across the G20’s various levels and institutions. This mismatch, when coupled with the tougher lending policies of the IMF, has subsequently led to greater fragmentation in international crisis lending, which may then result in 1) weakened incentives for effective policy making, and 2) over-borrowing. The brief’s author concludes her analysis by arguing that the G20’s German Presidency is uniquely positioned to address these existing and potential problems.
Download |
English (PDF, 8 pages, 292 KB) |
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Author | Beatrice Weder di Mauro |
Series | CIGI Policy Briefs |
Issue | 85 |
Publisher | Centre for International Governance Innovation (CIGI) |
Copyright | © 2016 Centre for International Governance Innovation (CIGI) |