Cross-Cutting Themes in Major Article IV Consultations

August 14, 2009

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Cross-Cutting Themes in Major Article IV Consultations, (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

This paper is part of a broader on-going effort to bring a more cross-country perspective to bilateral surveillance, taking advantage of a cluster of Article IV consultations with five systemically important economies concluded in July. With the five economies—the United States, the Euro area, China, Japan, and the United Kingdom—accounting for two-thirds of global output and three quarters of capital flows, the nature of linkages and consistency of policy responses across the systemic five (S5) has important implications for the world economy.

Subject: Article IV consultations, Background papers, Banking systems, Credit risk, Europe, Financial crisis, Fiscal policy, Global Financial Crisis 2008-2009, Japan, Monetary policy, Risk management, Spillovers, Staff studies in progress, United States

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