Initiative for Policy Dialogue

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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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Financing international public goods: The role of MDBs and development assistance

07/25/2024

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.

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Moral Hazard and Unemployment in Competitive Equilibrium

07/24/2024

Working Paper

Principal-agent models take outside options, determining participation and incentive constraints, as given.

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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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