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Private-Sector Assets in the IIP: A Blind Spot in Surveillance and an Opportunity for Cooperation

  • 2:00 pm – 3:30 pm EDT
  • Streaming and at IMF HQ1 – 3 – 476

Hosted By:
Center for Economic and Policy Research, Tax Justice Network, Latindadd, Coalition for Dialogue on Africa, Bretton Woods Project, and MenaFem Movement for Economic and Ecological Justice

This is a hybrid event as a part of the IMF Civil Society Policy Forum (CSPF). 

Online participants can join here. In-person participants must already be registered for the CSPF & the session will take place at IMF HQ1 – 3 – 476. 

This panel — a part of the Civil Society Policy Forum of the IMF’s Spring Meetings — will examine how IMF surveillance overlooks private-sector foreign asset accumulation and capital flight in its External Sector Assessment framework. While current accounts, reserve adequacy, and net international investment positions receive significant attention, resident capital outflows are often treated as residuals rather than analyzed as objects of policy. This has real consequences for assessing external vulnerability and designing adjustment policies.

Panelists will explore the implications for developing countries, discuss ways to improve data integration, and highlight opportunities for multilateral cooperation and more coherent policy responses.

Moderator: Andrés Arauz | Senior Research Fellow, CEPR

Panelists:

  • Andrés Knobel | Lead Researcher, Tax Justice Network
  • Getachew Teklemariam | Senior Program Officer, Coalition for Dialogue on Africa (CoDA) / African Union High Level Panel on Illicit Financial Flows Secretariat
  • Ivana Vasic-Lalovic | Senior Research Associate, CEPR
  • Jaime Guajardo, Deputy Division Chief, Policy and Review Department, International Monetary Fund

Co-Sponsors: Tax Justice Network; Latindadd; Coalition for Dialogue on Africa; Bretton Woods Project; MenaFem Movement for Economic and Ecological Justice