At the international level, the crisis made clear that there has been a deficit of multilateral surveillance, and thus, the IMF reform and setting up an operational framework for joint work with other international organizations and fora constitute inescapable tasks.
I wish to conclude on a positive note: The crisis may be a “welcome” opportunity to gather the political will to put in place long-needed structural reforms in good, service and labour markets with the objective of offsetting the possibly lasting negative impact of the crisis on trend growth.