Finance and Investment

More from the Series

BRIEF

Expanding Global Liquidity Insurance through Precautionary Lending: What the IMF Can Do
Nancy Birdsall et al.
March 08, 2017
In the wake of the global financial crisis, the IMF undertook a series of reforms to its lending facilities to manage volatility and help prevent future crises. The reforms included the adoption of two new lending instruments: the Flexible Credit Line (FCL), introduced in 2009, and the&nbs...
WORKING PAPER

Expanding Global Liquidity Insurance: Myths and Realities of the IMF’s Precautionary Credit Lines - Working Paper 449
Nancy Birdsall et al.
February 28, 2017
This paper addresses four misconceptions (or ‘myths’) that have likely played a role in the limited utilization of the IMF’s two precautionary credit lines, the Flexible Credit Line (FCL) and the Precautionary and Liquidity Line (PLL). These myths are 1) too stringent qualific...
ESSAY

Latin America in a New Global Political and Economic Scenario: What Does It Mean for the Region?
Guillermo Calvo et al.
January 30, 2017
Since mid-2016, a new wave of political developments in advanced countries has been shaking Latin America. This latest assessment of the Latin American Committee on Financial Issues (CLAAF) examines how the anti-globalist movement sweeping the West will affect macroeconomic trends in Latin...
Blog Post

Beyond Brexit: How Do You Spend £1.3bn of Aid?
Ian Mitchell
and
Michael Anderson
December 16, 2016