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Blog Post
May 03, 2021
Most observers gave the IMF high marks for its initial response to the COVID-19 crisis. It responded quickly with emergency financing to 86 countries, including a fivefold increase in its concessional lending to low-income countries. And its leadership was quick to recognize that the unpreceden...
January 15, 2010
G-20 heads of state gathering in Washington this upcoming weekend to seek solutions to the global financial crisis should consider ways to strengthen the IMF and the World Bank, the international financial institutions set up after World War II,
to prevent a repeat of the Great Depression. CGD pres...
January 15, 2010
Some critics allege that IMF programs in low-income countries unnecessarily limit health spending, hurting poor people. The IMF responds that its programs are designed to ensure the fiscal stability needed for poverty-reducing growth and that the IMF merely sets targets for overall spending, with co...
January 15, 2010
IMF critics allege that its programs unduly constrain health spending in poor countries. The IMF argues that countries set their own spending priorities while the Fund monitors overall spending and fiscal sustainability. The issue has become more pressing, as countries seek to utilize scaled-up aid,...
October 06, 2008
CGD policy experts are urging the International Monetary Fund to push for the inclusion of emerging market and developing countries in the re-write of bank supervision guidelines and other international financial rules that they say is likely to happen soon as a result of the global financial crisis...