Isabel Ortiz
Matthew CumminsThis paper warns of an emerging post-pandemic fiscal austerity shock—one that is far more premature and severe than the one that followed the global financial crisis—and presents alternative options to ensure that populations do not yet again have to suffer austerity cuts. It does so by: (i) examining IMF government expenditure projections until 2025; (ii) summarizing the most common austerity measures to be avoided, given their negative social impacts; (iii) calling on governments to urgently create fiscal space to finance an equitable socio-economic recovery and progress toward the Sustainable Development Goals (SDGs).
Remarks by Martín Guzmán at 12th Edition of the Paris Forum: Key findings and conclusions of the Jubilee Report
Dear members of the Paris Club Secretariat, Thank you for the invitation to present some of the key findings and conclusions of the Jubilee Report, commissioned by Pope Francis and prepared by a Commission of
Joseph Stiglitz
José Antonio Ocampo
Martín Guzmán