Standards and regulation

Many recent initiatives for international financial reform are directed at reaching agreement on, and implementation of, standards for major areas of economic policy. Most of these standards are ultimately intended to contribute to economic stability both at the national and international level. Their main proximate targets are the strengthening of domestic financial systems and the promotion of international financial stability “… by facilitating better-informed lending and investment decisions, improving market integrity, and reducing the risks of financial distress and contagion” (FSF, 2000a, para. 23). In pursuit of these objectives, the standards cover not only the financial sector, but also aspects of macroeconomic policy and policy on disclosure.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals