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Blog Post
November 29, 2022
The Global North can make an immediate down payment on the promises made at COP27 to increase financing for emerging markets and developing countries. How can countries ensure that funding starts to flow now? By pushing the limits of the funding mechanisms already in place.
Blog Post
November 21, 2022
As the world faces multiple crises and the economic and health scars left by the pandemic are still evident, it is clear that governments are unlikely to sustain pandemic-era health spending increases in this recovery phase. How can LMICs align their plans and discourse around universal health cover...
WORKING PAPERS
October 31, 2022
We construct a novel database covering more than 450 fiscal consolidation episodes in 185 countries during the period 1979-2019. Using discrete choice models, we then examine the (broader macroeconomic and political) factors motivating these fiscal consolidation episodes.
Blog Post
October 28, 2022
Before the COVID-19 pandemic, the International Monetary Fund estimated that low-income countries would, on average, need to collect an amount equal to at least 5 percent of their GDP in additional revenue by 2030 to achieve the Sustainable Development Goals (SDGs) in five key areas. For many sub-Sa...
Blog Post
October 04, 2022
The 2021 allocation of $650 billion of Special Drawing Rights (SDRs) was heralded by many as a needed shot in the arm to the global economy. While many countries have made good use of their part of the SDR pie, the hope that advanced economies would share their excess SDRs with more vulnerable coun...
POLICY PAPERS
October 04, 2022
Global reserves can serve as a global public good, facilitating the short-term global recovery from the economic impacts of the pandemic and Russian invasion of Ukraine, as well as the longer-term global transition to a sustainable and equitable economic future. Strategic allocation of Special Drawi...
Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
September 29, 2022
The scale of IMF lending to low-income countries since 2020, carried out through the Poverty Reduction and Growth Trust (PRGT), was a bright spot in the otherwise lackluster multilateral response to the pandemic. But the rise in lending stretched thin the PRGT’s resources. The size of the resulting ...
Oct
6
2022
9:00—10:30 AM Eastern Time (US & Canada) /1:00 - 2:30pm Greenwich Mean Time (GMT)/ 2:00 - 3:30pm British Summer Time (BST) / 3:00 - 4:30pm Central European Summer Time (CEST)
September 22, 2022
What is the impact of IMF-provided capacity development (CD) on IMF member countries developing their institutional and human capacity to design and implement sound macroeconomic and financial policies? Does the Fund identify the right priorities and is CD sufficiently integrated with the Fund’s sur...