A broad-sweeping look at international efforts to regulate the global financial system. This is part of the Global Governance Monitor, an interactive feature tracking multilateral approaches to several global challenges.

The IMF released this update to its World Economic Outlook on January 24, 2012.

The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities.

Christine Lagarde, managing director of the International Monetary Fund (IMF), discusses fragility in the global economy and how the IMF can mitigate international financial crises.

This meeting was part of the C. Peter McColough series on International Economics.

Experts discuss the future of the International Monetary Fund, ranging from its governance to its potential role in alleviating financial crises

A Council on Foreign Relations Meeting as part of the Peter McCullough series on international economics.

Dr. Martin Feldstein and Mr. Allan Meltzer discuss the global credit crunch, and the ideal role of central banks.

Christine Lagarde, the newly appointed Managing Director of the International Monetary Fund, discusses the IMF's changing role amid growing concerns over U.S. and Eurozone debt with Tom Glocer, Chief Executive Officer of Thomson Reuters.

European Union Commissioner for Economic and Monetary Affairs Olli Rehn says French Finance Minister Christine Lagarde "would make a very good managing director of the IMF for the whole world, not only for Europe." "The European Union and its member states see that Christine Lagarde, the finance minister of France, has very strong professional qualifications and has earned the respect of her peers as the chairperson of the G20," Rehn said.

A panel of experts discuss how various international institutions such as the G20, IMF, and World Bank are playing a role in today's system of global economic governance.

This session is part of a Council on Foreign Relations symposium on Rising Powers and Global Institutions in the Twenty-First Century and was made possible through generous support from the Robina Foundation.

Watch experts discuss the future of the International Monetary Fund, ranging from its governance to its potential role in alleviating financial crises.

Watch Alistair Darling, Chancellor of the Exchequer, United Kingdom of Great Britain and Northern Ireland, for a British perspective on the global economy in light of the financial crisis.

Watch John P. Lipsky, first deputy managing director of the International Monetary Fund (IMF), remark on the recent effects of the economy on IMF member countries and the IMF's reaction to the financial crisis.