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Addressing the debt and development crises in countries from the South in the year of the Jubilee

12/10/2024

Policy Brief

A group of academic experts, practitioners, finance ministers, policymakers, authorities from international financial institutions, religious leaders, and experts from civil society organizations met at the Pontifical Academy of Social Sciences (PASS) in the Vatican City on June 5, 2024, to discuss the current debt situation, especially in the Southern Hemisphere.

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Growth and Fluctuations: An Overview

12/01/2024

Working Paper

Capitalism since its inception has been marked by large fluctuations. The resulting episodic unemployment has been very costly. This paper provides an overview of alternative theories

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Reforming the IMF Surcharge Rate Policy to Avoid Procyclical Lending

09/12/2024

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.

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The Practice of Sovereign Debt Sustainability Analysis

08/16/2024

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.

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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.

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