This Friday October 11, 2024, the International Monetary Fund (IMF) is expected to announce reforms to its policy on charges and especially surcharges, which levies extra fees on countries whose debts have surpassed certain size and time thresholds. We the undersigned urge the IMF to meaningfully reform its policies, especially on surcharges.
It’s impossible to know what shocks the US economy will face in the next four years. But, given Donald Trump’s stated objectives and ill-considered policy proposals, there can be little doubt that the economy of 2028 will be much stronger, more equal, and more resilient if Kamala Harris wins November’s presidential election.
Explore Further >> about What a Trump Victory Would Mean for the US Economy
As the Ukrainian government continues to adapt its economy to the changing nature of the war, as well as beginning the process of reconstruction, it will be setting the parameters for all that will follow after the fighting has ended. To deliver shared prosperity in the future, it can find valuable lessons from the past.
Explore Further >> about The Way Forward for Ukraine’s Economy
There are four additional inflation risks associated with another Trump administration. The first is a tightening of immigration rules: as the US population ages, the labor force shrinks – a trend that, in the context of a tight labor market, will put further upward pressure on wages.
Several provisions of former President Donald Trump’s tax law will expire next year. While its corporate tax rate cut is permanent—that is, it would take an act of Congress to repeal it—policymakers are gearing up for another battle over corporate taxes. A diverse range of Democratic groups are pushing for higher corporate taxes, while Republicans prioritize defending the 2017 permanent rollback and are eyeing further tax cuts.
Explore Further >> about Corporations Help Economy but Need to Pay Fair Share of Taxes
In Martin Guzman's BGD Insights interview, he explains the link between climate, debt and developing countries - and how to finance a sustainable way forward.
Explore Further >> about Financing a sustainable way forward
09/12/2024
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Policy Brief
The International Monetary Fund (IMF) levies ‘surcharges’ or extra fees on member countries that either draw “substantial” amounts of IMF credit to mitigate balance of payments constraints, or that maintain their credit exposure with the institution for sufficiently long periods of time.
View the Publication >> about Reforming the IMF Surcharge Rate Policy to Avoid Procyclical Lending
08/16/2024
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Policy Brief
Debt Sustainability Analyses (DSAs) have major implications for debt negotiations. The outcomes of these negotiations have distributional consequences between the debtor and its creditors on the one hand, and amongst creditors on the other hand.
View the Publication >> about The Practice of Sovereign Debt Sustainability Analysis
Karla Gonzalez
07/25/2024
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Working Paper
One of the major issues in the global agenda in 2023 has been how to accelerate the achievement of the United Nations Sustainable Development Goals (SDGs) and the fight against climate change.
View the Publication >> about Financing international public goods: The role of MDBs and development assistance
Patrick Rey
07/24/2024
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Working Paper
Principal-agent models take outside options, determining participation and incentive constraints, as given.
View the Publication >> about Moral Hazard and Unemployment in Competitive Equilibrium
New Thinking in Industrial Policy: Perspectives from Developed and Developing Countries
November 1, 2024
Journalism and Democracy in an AI World
October 24, 2024
Addressing the Debt Crisis in the Global South
June 5, 2024
The Path for Taxing the Super-Rich – Towards a Progressive Global Taxation Agenda
May 9, 2024
Faulkner Series: Joseph Stiglitz and Martín Guzmán
May 9, 2024
Nobel Prize-winning economist Joseph Stiglitz: Fed rate hikes didn’t get at source of inflation
May 1, 2024
Joseph E. Stiglitz In Conversation with Timothy Noah
April 25, 2024
Roosevelt Institute Book Club: The Road to Freedom
April 24, 2024
NPC Headliners: Joseph Stiglitz
April 17, 2024
Journal of Globalization and Development
Journal of Globalization and Development
Volume 14 Issue 2 – Special Issue: Gendered Effects of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
Journal of Globalization and Development
IPD broadens dialogue on critical issues in developmental policy.
Diverse stakeholders with a legitimate interest in policy outcomes often lack access to the process, information, and language necessary to participate effectively. IPD emphasizes diverse participation to enable civic involvement in economic policymaking.