Restructuring Debt of Poorer Nations Requires More Efficient Coordination
An improved common framework for debt treatment could clear a path through an increasingly complex creditor landscape.
Capital Controls: When Are Multilateral Considerations of the Essence?
When should multilateral considerations trump national interests in the imposition of controls on capital flows? An IMF paper explores the reasons why countries may want to impose controls and looks at when the wider interest should be taken into consideration, requiring some multilateral principles for their safe management.