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Why International Financial Cooperation Remains Essential

Adrian, Tobias, Obstfeld, Maurice, (2017), “Why International Financial Cooperation Remains Essential”, iMF direct, 23 March

Economic growth appears to be strengthening across the large economies, but that does not mean financial-sector regulation can now be relaxed. On the contrary, it remains more necessary than ever, as does international cooperation to ensure the safety and resilience of global capital markets. That is why the Group of Twenty (G20) finance ministers and central bank governors reiterated their support for continuing financial-sector reform at their meeting in Baden-Baden last week.

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