IMF Performabce Flashcards
1
Q
What has the IMF done in response to covid
A
Financing to 85 countries
Debt service relief to 29 poorest countries.
Increase limits on emergency finance
Short term liquidity lines.
2
Q
What stats show IMF lacked demand.
Why the lack of demand?
A
85 countries they lent to make up only 5% of global GDP.
SLL are at 0.
- Political stigma, ineligibility based on debt or lack of need.
3
Q
What has been the current IMF approach and why is it “muddled”
A
On one hand, they are using rapid faculties and emergency facilities to push countries toward more structured programs with conditionalities.
On the other, they reject strings entirely by advocating for SDR allocation.
