Adequacy of the Global Financial Safety Net-Review of the Flexible Credit Line and Precautionary and Liquidity Line, and Proposals for Toolkit Reform »
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 December 2017
Keywords: Financial safety nets, Forward commitment capacity, Financial crises, Repurchase obligations, International capital market volatility, PP, FCL, SLS, PLL, access level
protracted global uncertainty combined with frequent episodes of capital flow volatility have intensified demand for liquidity support. In response to calls from the IMFC and the G20, the Fund has identified gaps i...