Macro Musings with David Beckworth cover image

Brad Setser on Addressing the Global Dollar Shortage and COVID-19’s Implications for Worldwide Trade Imbalances

Macro Musings with David Beckworth

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Do You Think the IMF Has a Big Balance Sheet?

The IMF was scheduled to double the size of one of its backup facilities. The hard part comes from countries that went into this with too much debt, he says. And those countries will need some mix of concessional finance and then the future. "There is substantial scope for the IMF to provide a decent quantity of credit"

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