International Monetary Fund

Throughout his career, Congressman Grijalva worked tirelessly for a more equitable, just, and peaceful world.

The Center for Economic and Policy Research mourns the passing of Congressman Raúl Grijalva (D-AZ). Throughout his career, Congressman Grijalva worked tirelessly for a more equitable, just, and peaceful world.

What are IMF surcharges, how do they harm the countries that pay them, and why were the IMF’s recent reforms to its surcharge policy insufficient? Read our updated two-pager on this unpopular and controversial IMF policy.

IMF surcharges are additional payments, on top of regular payments and fees, that countries are required to pay to the fund if they have high levels of IMF debt.

The International Monetary Fund’s (IMF) recent revision to its surcharge policy will reduce the number of countries paying surcharges but fails to significantly reform the policy, which remains onerous, procyclical, and counterproductive. These are among the key findings of a new report from the Center for Economic and Policy Research (CEPR) that examines the IMF’s recent review of, and reforms to, its controversial surcharge fee policy.

Explore the consequences of IMF surcharge reforms. Find out how changes to the fees levied by the International Monetary Fund affect borrowing costs.

Project Syndicate: With global growth slowing and many developing countries facing debt crises, the world needs another infusion of the International Monetary Fund’s reserve asset. But while the benefits would be far-reaching and free of risk, the US Treasury has been standing in the way.

A panel discussion on Capitol Hill explored the challenges facing the Global South and the impact of debt and climate change on these nations.

Discover the harmful impact of IMF surcharges and the need for their complete elimination. Explore the reforms announced and their implications for developing countries.

The SDR issuance last year probably saved hundreds of thousands of lives, if we use, e.g., the Bank for International Settlements’ research on the relation between recessions and mortality.