Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities

Volume/Issue: Volume 2020 Issue 066

Publication date: December 2020

ISBN: 9781513563619

$0.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Public Finance , PP , debt transparency , IMF-WB CD work , debt vulnerability , WB QPSD database , analysis tool , IMF data provision framework , IMF debt data provision requirement , multipronged approach , WB CD effort , WB staff

Also of interest

Review of Implementation of IMF Commitments in Support of the 2030 Agenda for...

2018 Review of Program Design and Conditionality

Review of The Fund’s Capacity Development Strategy—Background Papers

Review of the Fund’s Capacity Development Strategy—Towards a More Flexible, I...

Summary

Amid rising debt risks in low-income developing countries and emerging markets, the IMF and the WB have been implementing a multipronged approach (MPA) to address debt vulnerabilities. Amplification of debt risks owing to COVID-19 has upped the urgency to implement the MPA and highlights the importance of debt sustainability and transparency for long-term financing for development. At the same time, it should be noted that countries have limited capacities which are further stretched by COVID-19 and that implementation of the MPA by itself may not be sufficient to address debt vulnerabilities and risks from global economic shocks.