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Macroprudential Regulation and Developing Countries: Liliana Rojas-Suarez

This blog was originally posted on March 7, 2011.

Regulators at the Bank for International Settlements (BIS) in Basel, Switzerland, are hard at work designing regulatory standards to avoid future financial meltdowns like the global financial crisis of 2008. Joining them for two months is Liliana Rojas Suarez, a CGD senior fellow and the founding chair of the Latin American Shadow Financial Regulatory Committee.

Overcoming Myopia Before It Kills Us – Ian Goldin

Is it possible to alter national governments and global institutions so that decision makers can focus on the vitally important longer term challenges, while still dealing with the urgent considerations which crowd their daily agenda? That’s the important and difficult question set before the The Oxford Martin Commission for Future Generations. My guest on this week’s Wonkcast is Ian Goldin, director of the Oxford Martin School and the driving force behind the commission.

A New Liquidity Fund for Latin America -- Liliana Rojas Suarez

In December, members of the Latin American Shadow Financial Regulatory Committee (CLAAF) convened at CGD to discuss global financial and monetary developments affecting Latin America. The CLAAF, which meets here twice a year, usually offers policy and regulatory recommendations for finance ministers. central bankers and financial regulators in the region. This time the committee proposed something quite different: the five-page statement CLAAF issued after two days of deliberation recommended the creation of a new regional financial institution—a Latin American Liquidity Fund, to supplement the efforts of the International Monetary Fund (IMF) when the next global financial crisis hits.

A New Liquidity Fund for Latin America -- Liliana Rojas Suarez

In December, members of the Latin American Shadow Financial Regulatory Committee (CLAAF) convened at CGD to discuss global financial and monetary developments affecting Latin America. The CLAAF, which meets here twice a year, usually offers policy and regulatory recommendations for finance ministers. central bankers and financial regulators in the region. This time the committee proposed something quite different: the five-page statement CLAAF issued after two days of deliberation recommended the creation of a new regional financial institution—a Latin American Liquidity Fund, to supplement the efforts of the International Monetary Fund (IMF) when the next global financial crisis hits.