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A possible IMF Pandemic Support Facility for emerging-market countries

Author

Listed:
  • Matthew Fisher

    (former International Monetary Fund)

  • Adnan Mazarei

    (Peterson Institute for International Economics)

Abstract

As the International Monetary Fund (IMF) adapts its strategy to meet the challenges of the COVID-19 crisis, it should develop a new temporary lending instrument to assist emerging-market countries facing pandemic-related fiscal and balance of payments difficulties. A dedicated IMF Pandemic Support Facility would help meet the exceptional financing needs of emerging-market countries at a time of high uncertainty while providing more lenient repayment periods and also allow the Fund to be more flexible in its operations with minimum disruptions to its existing facilities.

Suggested Citation

  • Matthew Fisher & Adnan Mazarei, 2020. "A possible IMF Pandemic Support Facility for emerging-market countries," Policy Briefs PB20-11, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb20-11
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    File URL: https://www.piie.com/publications/policy-briefs/possible-imf-pandemic-support-facility-emerging-market-countries
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    Citations

    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Emerging markets

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    Cited by:

    1. Markus dup Brunnermeier & Kristin dup Forbes & Maurice Obstfeld, 2021. "Jackson Hole 2021 - Monetary Policy in an Uneven Economy (Panel)," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, August.
    2. repec:aei:rpaper:1008577378 is not listed on IDEAS
    3. Maurice Obstfeld, 2022. "Global Economic Recovery in the Face of COVID-19," Chapters, in: Lili Yan Ing & Dani Rodrik (ed.), New Normal, New Technologies, New Financing, chapter 3, pages 22-37, Economic Research Institute for ASEAN and East Asia (ERIA).

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