Third joint Regional Financing Arrangements (RFAs) Research Seminar
Sovereign risks – detection and prevention
The ASEAN + 3 Macroeconomic Research Office (AMRO), the European Stability Mechanism (ESM) and the Latin American Reserve Fund (FLAR) initiated the Joint Regional Financing Arrangements (RFAs) research seminar in 2017 in Singapore. Since then, the RFAs, which represent the regional line of defence against economic crises, have organised this joint seminar annually. The aim of this seminar series is to encourage technical discussions on topics crucial to crisis prevention and resolution, which are the core mandate of the RFAs. At the last two seminars, RFA staff had in-depth discussions with academics, policymakers, and other practitioners on topics of common interest, such as the effectiveness of crisis-time liquidity provision, early warning systems, conditionality design vs. country ownership of financial assistance programmes, and the role of RFAs in regional economic integration.
Given heightened global risks related to trade tensions, geopolitical challenges, and economic and market uncertainties, our research seminar this year will focus on detecting, analysing, preventing, and tackling sovereign risks and how the Global Financial Safety Net, in particular its regional line of defence, can provide enhanced support.
Venue: 8 Rue du Château
6162 Bourglinster, Luxembourg