Rethinking and Reforming the IMF

More from the Series

POLICY PAPER

Mobilizing External Financing for Africa’s Crisis Recovery
Daouda Sembene
March 15, 2021
The COVID-19 pandemic has taken a significant toll on African economies. On the continent, countries continue to face significant financing needs to protect lives and livelihood and bolster prospects for a stronger and more resilient economic recovery. To help meet these needs, the international com...
Blog Post

How to Make an SDR Reallocation Work for Countries in Need
Mark Plant
March 09, 2021
As it looks likely that the IMF membership will approve special drawing rights, not all countries will feel the effects equally. Is there a way that these new “excess” SDRs in rich countries could be used to help poorer countries?
Blog Post

How an Allocation of IMF SDRs To Africa Could Be Supported by A Multilateral Reallocation Initiative
Daouda Sembene
February 23, 2021
A general SDR allocation has the potential to provide rapidly additional liquidity to African economies, thereby enhancing prospects for crisis mitigation and recovery.
Blog Post

The IMF’s Gold: A Global Resource or a Chimera?
Mark Plant
and
David Andrews
February 09, 2021
The market value of the IMF’s gold—about US$170 billion at end 2020—far exceeds its historic cost on the Fund’s balance sheet of under $5 billion. Not surprisingly, this has led some to see the IMF’s gold as a “free” resource that should be tapped to meet pressing global needs. And these calls have ...