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Urgent: The IMF Must Reform

The Committee identifies three critical developments in the global economy with profound implications that require urgent changes at the IMF. This statement advances broad proposals to address these issues by creating an Emerging Markets Fund (EMF); modifying the G20 Common Framework to effectively differentiate across debt classes in EMDE debt restructurings; and empowering the IMF to refinance outstanding debts from failed programs. ....

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Defeating Inflation: Latin America's Most Immediate Challenge | Center for Global Development

Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that rising inflation has been a synchronized global phenomenon reflects two main causes, both directly related to the Covid-19 pandemic and the associated policy response. ....

United States , United Kingdom , Costa Rica , Sri Lanka , Pablo Guidotti , Instituto Elcano , Nayke Montgomery Guzm , Liliana Rojas Suarez , Guillermo Calvo , Ernesto Talvi , Laura Alfaro , University Of Chile , Latin American Initiative , London School Of Economics , Global Development , Central Bank , National Planning , University Of Columbia , Dean Of The School Public , Latin American Committee On Macroeconomic , Brazil Central Bank , Professor Of The Government School , University Of Torcuato Di Tella , Governor Of The Central Bank , Federal Reserve , Deutsche Bank ,