Part One: No Time to Let Up
Author:
International Monetary Fund. Secretary's Department
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Language:
English
Keywords:
Annual Report; vaccine; debt; public debt; inclusive; green economy; Great Depression; global policy; Great Divergence; living gap; debt dynamics; debt vulnerabilities; low-income countries; emerging markets; low-cost financing; digital; digital future; green future; capacity development; lending; economic surveillance; Deputy managing director; IMF organization chart; boards of governors of the bank; Joint Ministerial Committee of the boards of governors; IMF staff calculation; COVID-19; Debt relief; Credit; Balance of payments need; Debt service; Global; Central Asia; Africa
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Abstract

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

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Cover International Monetary Fund Annual Report 2021
International Monetary Fund Annual Report 2021
Build Forward Better
Author:
International Monetary Fund. Secretary's Department
ISBN:
9781513568812
ISSN:
2227-8915
Publication Date:
04 Oct 2021
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781513568812.011
Pages:
72
Figure 1.1

Government Spending Prevented Another Great Depression

(percent of 2020 GDP)
Figure 1.2

IMF Financial Support

(by year of approval; billions of SDRs)
Figure 1.3

Countries’ Ability to Scale Up Fiscal Support Has Varied

(fiscal response to COVID-19 in 2020)
Figure 1.4

COVID-19 Pandemic Caused Global Learning Loss

(average missed days of instruction, 2020)
Figure 1.5

Policies to Tackle Rising Inequality

Predistributive policies reduce market income inequality (before taxes and transfers), while redistributive policies reduce poverty and disposable income inequality (after taxes and transfers).