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IMF and Development Banks Urged to Reverse Roles on Emergency Finance
Original: IFI Emergency Finance: IMF-MDB Role Reversal and Adding to the Toolkit
The Center for Global Development has published an analysis arguing that the IMF and multilateral development banks should swap roles in crisis lending and expand their emergency finance toolkit. The piece explores how the two institutions could better share the burden of supporting countries facing balance-of-payments and liquidity shocks, a debate that has grown as calls for reform of the global financial safety net intensify.
Why now: Ongoing debate about reforming the global financial architecture to make crisis lending faster and better resourced.
International Monetary Fundmultilateral development banksCenter for Global Development
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- IFI Emergency Finance: IMF-MDB Role Reversal and Adding to the Toolkit · Center for Global Development
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