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China must participate in relieving debt distress By Mark Sobel
Debt distress is rising throughout many low-income countries and emerging markets. Debt profiles vary, and multilaterals and the private sector are key actors. But China is often a dominant external creditor. Ideally, China would work with the international community to help these countries secure debt sustainability. Without China’s co-operation, the IMF and its shareholders face difficult choices.
 Accelerating productivity growth can save the global balance sheet By Jan Mischke As the world enters a new geo-economic era, the growth of the global balance sheet may come to an end. How leaders manage the way ahead will be critical. Read the full commentary → |
 Hapless Sunak beset by twin crises ​​​​By Meghnad Desai Two crises have converged on the British economy. Squeezed in the middle is the hapless figure of Rishi Sunak, the third prime minister since September, facing questions about how long he will last. Read the full commentary → |
 MEETINGS Climate risk and financial stability with Banco Central do Brasil Friday 24 February, Roundtable Roberto Nygaard and Fernando Linardi from Banco Central do Brasil discuss the bank’s work on stress testing and scenario analysis tools. Register → |
 LATEST REPORT The Bulletin, Spring 2023 This edition of the Bulletin brings together a collection of predictions for the year ahead. Covering inflation, ESG, emerging markets and reserve management, experts are cautiously optimistic about 2023. Download → |