Development banks are increasingly responding to global crises, but at what cost to long-term development? Nancy Lee explores the IMF/MDB role shift and how temporary debt payment relief could help countries weather shocks without taking on more debt. www.cgdev.org/blog/ifi-eme...
cgdev.orgIFI Emergency Finance: IMF-MDB Role Reversal and Adding to the ToolkitIn the wake of the Mideast conflict, a consequential shift is occurring in the international financial architecture: MDBs are taking up the role of first responders to crises. As of early September, 8...
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