The Pilot Program for Climate Resilience is a global initiative in nine countries and two regional programs in several countries—including Tajikistan—that face exceptional risks to climate change. The program helps put countries on a climate-resilient development path consistent with their...

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets of tools—developed at the IMF and...