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Blog Post
December 13, 2022
Earlier this year, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing long-term structural challenges, including climate change and pandemic preparedness. 143 countries are eligible to receive support from th...
Blog Post
November 21, 2022
As the world faces multiple crises and the economic and health scars left by the pandemic are still evident, it is clear that governments are unlikely to sustain pandemic-era health spending increases in this recovery phase. How can LMICs align their plans and discourse around universal health cover...
Blog Post
November 17, 2022
Foreigners don’t receive much of America’s $35 billion annual foreign aid budget, at least not directly. Less than ten percent goes to local charities, companies, or governments in developing countries. The Biden administration, like past administrations, is trying to reform the system. But it needs...
WORKING PAPERS
October 31, 2022
We construct a novel database covering more than 450 fiscal consolidation episodes in 185 countries during the period 1979-2019. Using discrete choice models, we then examine the (broader macroeconomic and political) factors motivating these fiscal consolidation episodes.
Blog Post
October 28, 2022
Before the COVID-19 pandemic, the International Monetary Fund estimated that low-income countries would, on average, need to collect an amount equal to at least 5 percent of their GDP in additional revenue by 2030 to achieve the Sustainable Development Goals (SDGs) in five key areas. For many sub-Sa...
Nov
14
2022
VIRTUAL
8:30—12:00 PM Eastern Time (US & Canada)/ 1:30—5:00pm Greenwich Mean Time (GMT)
October 28, 2022
Climate change, conflict, food insecurity, and pandemics. These global challenges are growing in urgency, and complexity—and they are not confined by borders. While wealthy countries are aging and their growth rates are faltering, the traditional manufacturing-led path to rapid growth in poorer coun...
Oct
27
2022
3:30—5:00 PM Eastern Time (US and Canada)
October 21, 2022
There are signs that India’s growth boom has stalled, and the pace of monetary poverty reduction decelerated. The Modi government has responded with what Arvind Subramanian has called "the new welfarism," involving massive public spending on essentially private goods and services like bank accounts,...
Oct
6
2022
9:00—10:30 AM Eastern Time (US & Canada) /1:00 - 2:30pm Greenwich Mean Time (GMT)/ 2:00 - 3:30pm British Summer Time (BST) / 3:00 - 4:30pm Central European Summer Time (CEST)
September 22, 2022
What is the impact of IMF-provided capacity development (CD) on IMF member countries developing their institutional and human capacity to design and implement sound macroeconomic and financial policies? Does the Fund identify the right priorities and is CD sufficiently integrated with the Fund’s sur...
Blog Post
September 09, 2022
In this blog post, we discuss the implications for carbon emissions and climate debt if the G20 countries implemented the most recent pledges in their Nationally Determined Contributions (NDCs). Despite positive developments in the US on climate legislation, we find that the implementation of the G2...
Blog Post
September 01, 2022
Later this month world, leaders will gather at the United Nations headquarters in New York to discuss how to fix education. Even without big money or binding treaties, delegates can advance important reforms with clear, concrete ideas for action. Here are five big questions we think they need to ans...