Ukraine’s dire financing situation is front and center in the debate over how the world will weather the war being waged by Russia. The IMF will play an important role in extending credit to Ukraine directly, but the institution is also being used a conduit for other countries’ assistance. In this b...

How have the ways in which political parties think about and frame global challenges to the electorate changed over the last three decades, as both the challenges and the political climate have shifted? One way to answer this question is to look at their election manifestos. Though the way in which ...

As international support for Ukraine ramps up, IMF special drawing rights (SDRs) are being brought into the mix. European Council president Charles Michel supported the Ukrainian Minister of Finance’s call to reallocate ten percent of unused SDRs to Ukraine. But it is unclear what this ten percent ...

In the UK’s newly released international development strategy, the government commits to upping bilateral finance to 75 percent of the FCDO’s total aid spend by 2025. Here, we look at what this means for budgets, and for the UK’s international role.

After the IMF’s August 2021 allocation of $650 billion worth of special drawing rights (SDRs), the G20 pledged to recycle $100 billion worth of that allocation from high-income countries to middle- and low-income countries. These recycled SDRs—not needed by advanced economies—would help lower-income...

Just as the human body needs blood and a car needs oil, the world’s economy needs US dollars to support global trade and the international financial system. Since the Russian invasion of Ukraine, central banks have been charged with the “simple” task of keeping economies afloat by containing inflati...

We focus on the implications of the new IMF RST’s financial structure for contributors and borrowers.