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Measuring Economic Welfare: What and How?

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Measuring Economic Welfare: What and How? »

Volume: 20

Series: Policy Papers

Author(s): Marshall Reinsdorf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2020

DOI: http://dx.doi.org/10.5089/9781513544588.007

ISBN: 9781513544588

Keywords: National accounts aggregates, Cost of living, Gross national product, National income, Price indexes, PP, deflator, economic welfare, digitalization, digital economy

Calls for a more people-focused approach to statistics on economic performance, and concerns about inequality, environmental impacts, and effects of digitalization have put welfare at the top of the measurement age...

Extension of Consultation Cycles Due to COVID-19 Pandemic

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Extension of Consultation Cycles Due to COVID-19 Pandemic »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2020

DOI: http://dx.doi.org/10.5089/9781513542829.007

ISBN: 9781513542829

Keywords: West African Economic and Monetary Union, Eastern Caribbean Currency Union, International monetary system, Monetary unions, Macroprudential policies and financial stability, COVID-19, Coronovirus, COVID, PP, article IV consultation

To better respond to the unprecedented demand from the membership for financing and crisis support in response to the covid-19 pandemic, there is a temporary postponement of staff's work on Article IV consultations...

Implementation Plan in Response to The Board-Endorsed Recommendations From The IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies

Implementation Plan in Response to The Board-Endorsed Recommendations From The IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2020

DOI: http://dx.doi.org/10.5089/9781513542188.007

ISBN: 9781513542188

Keywords: Negative interest rates, Central banks, Monetary policy, Financial crises, Central bank policy, PP, proposed action, IEO, spillover, playbook

The Management Implementation Plan was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity, and financial markets. The actions in this plan and their t...

IMF COVID-19 Response-A New Short-Term Liquidity Line to Enhance The Adequacy Of The Global Financial Safety Net

IMF COVID-19 Response-A New Short-Term Liquidity Line to Enhance The Adequacy Of The Global Financial Safety Net »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2020

DOI: http://dx.doi.org/10.5089/9781513541709.007

ISBN: 9781513541709

The COVID-19 pandemic has created severe disruption in the global financial system, with many emerging market and developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for li...

IMF Managing Director's Statement to the Development Committee, April 2020

IMF Managing Director's Statement to the Development Committee, April 2020 »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 April 2020

DOI: http://dx.doi.org/10.5089/9781513541181.007

ISBN: 9781513541181

Keywords: Financial crises, Financial markets, Social safety nets, Financial institutions, Macroprudential policies and financial stability, PP, policy space, coronavirus, pandemic, policymaker

The global coronavirus outbreak is a crisis like no other and poses daunting challenges for policymakers in many emerging market and developing economies (EMDEs), especially where the pandemic encounters weak publi...

Catastrophe Containment And Relief Trust-Approval Of Grant Assistance For Debt Service Relief

Catastrophe Containment And Relief Trust-Approval Of Grant Assistance For Debt Service Relief »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

DOI: http://dx.doi.org/10.5089/9781513540603.007

ISBN: 9781513540603

Keywords: Debt service, Debt relief, Balance of payments need, Public health, Balance of payments, PP, executive board, tranches, grant support, global pandemic

This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Conta...

Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF

Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

DOI: http://dx.doi.org/10.5089/9781513540559.007

ISBN: 9781513540559

Like everyone else, the IEO is now adapting to new realities in the wake of the coronavirus pandemic. During the five months after the 2019 Annual Meetings, the IEO completed two reports, continued work on two ongo...

The Managing Director's Global Policy Agenda, Spring Meetings 2020
			: Exceptional Times Exceptional Action

The Managing Director's Global Policy Agenda, Spring Meetings 2020 : Exceptional Times Exceptional Action »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

DOI: http://dx.doi.org/10.5089/9781513540528.007

ISBN: 9781513540528

Keywords: Global Policy Agenda, GPA, COVID-19, Coronavirus, recovery, protect, protection, policymakers, policy makers

Managing Director Kristalina Georgieva's Global Policy Agenda, Exceptional Times, Exceptional Action, highlights three priorities for policymakers around the world: protect lives, protect livelihoods, and plan for...

Enhancing the Emergency Financing Toolkit-Responding To The COVID-19 Pandemic

Enhancing the Emergency Financing Toolkit-Responding To The COVID-19 Pandemic »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2020

DOI: http://dx.doi.org/10.5089/9781513540160.007

ISBN: 9781513540160

Keywords: IMF Lending, Poverty Reduction and Growth Trust, Poverty reduction, Poverty Reduction and Growth Facility Trust, Poverty Reduction and Growth Facility, COVID-19, Pandemic, lending, Rapid Credit Facility, Rapid Financing Instrument

The COVID-19 pandemic is taking a human toll and has unleashed a series of shocks on the Fund's entire membership, creating severe disruption in the global economic and financial system. As a result, many emerging...

Streamlining Procedures for Board Consideration of The Fund's Emergency Financing During Exceptional Circumstances Involving A Pandemic

Streamlining Procedures for Board Consideration of The Fund's Emergency Financing During Exceptional Circumstances Involving A Pandemic »

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2020

DOI: http://dx.doi.org/10.5089/9781513540177.007

ISBN: 9781513540177

Keywords: COVID-19, pandemic, RFI, RCF, CCRT, Rapid Financing Instrument, Rapid Credit Facility, Catastrophe Containment and Relief Trust, emergency financing

The COVID-19 pandemic has inflicted an unprecedented shock on the global economy and created an enormous demand for Fund resources. To accelerate processing and approval of members' requests in such circumstances,...