Two new BWC Backgrounders explore financial risks, how they arise, and what tools we have to combat them. As the global financial system becomes more connected, shocks are no longer defined by borders. These BWC Backgrounders explore this interconnectedness and explain the global tools available for managing, containing, and reducing risk.  

How Does Financial Risk Become Financial Crisis? by Nancy Jacklin, former US Executive Director, International Monetary Fund 

Tools to Combat Global Financial Crises by Zach Fry, Program Manager, Bretton Woods Committee & Tenley Smith, Senior Program Associate, Bretton Woods Committee