IMF must review role of capital flows and international trade treaties
Wednesday 23 February 2022 – Vol.13 Ed.8.3
Commentary: IMF must regain lost territory
By Kevin Gallagher and Rachel Thrasher
Often depicted as a rigid institution averse to change, the International Monetary Fund deserves credit for embracing climate concerns, showing signs of abandoning austerity and calling out the G20 for its weak debt relief efforts during the pandemic. However, the most profound change came in 2012 when the IMF partially reversed its longstanding view on capital account liberalisation. In March, the IMF board meets to revisit this view, providing a crucial opportunity to take a step forward.
Read the full commentary on the website.
Meeting: Transitioning from Libor
Thursday 24 February 08:00-09:00 GMT
With the London inter-bank offered rate retired at the end of 2021, and remaining currency transitions quickly approaching, financial institutions must prepare to protect their businesses from any financial shocks as they move to alternative reference rates. OMFIF and CME group are convening a panel to discuss the transition and landscape post-Libor, the potential roadmap for avoiding disruption, what it means for real money accounts and OTC swaps, as well as potential alternative reference rates.
Register to attend here.
