Coherent Identifier About this item: 20.500.12592/gxwmr9

2021 Comprehensive Surveillance Review— Background Paper on Systemic Risk and Macroprudential Policy Advice in Article IV Consultations

20 May 2021

Summary

This paper assesses progress made in deepening and integrating systemic risk analysis and macroprudential policy advice in Article IV consultations following up on the findings of the IEO evaluation. The assessment informs the Comprehensive Surveillance Review and the FSAP Review in their recommendations to strengthen these areas in Article IV consultations. The findings point to notable improvements made since the launch of the macrofinancial mainstreaming initiative, particularly in staff reports for advanced economies and in covering bank and credit-related risks.

Tags

monetary policy political economy

Frequency
occasional
ISBN
9781513582719
ISSN
2663-3493
Pages
32
Series
Policy Paper No. 2021/033
StockNumber
PPEA2021033

Topics