The Group of Thirty, based in Washington, DC, is a consultative group focused on international economic and monetary affairs. They analyze and propose solutions to improve the resilience of the banking system, with recent publications addressing bank failures, contagion risks, and liquidity management. Their work emphasizes the importance of central bank core goals and operational independence in maintaining financial stability.
The Group of Thirty's members, including renowned economists and financial experts, contribute to their research and publications. They aim to minimize future failures and incentivize poorly-run banks to improve their performance without imposing significant costs on well-run ones. Through their work, the Group of Thirty plays a crucial role in shaping global economic policies and promoting a more stable and resilient banking sector.
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