International Monetary Fund

More from the Series

Blog Post
The Time Is Right for Expanding the Use of the IMF’s Precautionary Credit Lines
Nancy Birdsall et al.
March 08, 2017
Many emerging economies could benefit from insurance against this backdrop of volatility. Fortunately, cheap and no-strings-attached liquidity insurance exists, in the form of the IMF’s Flexible Credit Line (FCL) for countries with very strong policy fundamentals; for countries with ...
BRIEFS
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 PAPERS
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...
Blog Post
The IMF Finally Speaks on Tobacco Taxes
William Savedoff
February 06, 2017
Last November, the IMF released a workable guide to issues that come up when a country decides to raise tobacco taxes. This is a big step. As far as I know, this is the first public statement from the IMF on tobacco taxes since 1999. Yet while it recognizes the health effects of reducing tobacco con...
Blog Post
Here’s Hoping Steve Mnuchin Ignores What John Bolton Has to Say about the IMF and MDBs
Scott Morris
December 14, 2016
To say that John Bolton, President-elect Trump’s expected pick for #2 at the State Department, is a well-known UN critic would be an understatement. But it’s well worth noting that he has opinions about the IMF and the multilateral development banks too.
Blog Post
IMF and World Bank Annual Meetings 2016: Leveraging Global Growth in Challenging Times
Alan Gelb
October 04, 2016
Beginning this Friday, the Annual Meetings of the IMF and World Bank will take place against the backdrop of a still-sputtering global economy, a growing number of displaced people, and a warming climate. In the face of these headwinds, a major priority for the multilaterals has to be to energi...
Blog Post
Populism and Nationalism Are Threat to Global Cooperation – Podcast with IMF’s Christine Lagarde
Rajesh Mirchandani
July 18, 2016
Challenging global economic conditions, including a combination of low growth, a limited number of jobs, and rising inequality, are fueling the rise of nationalism and populism that are a threat to global cooperation, IMF Managing Director Christine Lagarde said in a speech at CGD.