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A world recovery fund to overcome developing countries’ post-covid debt woes?

Summary:
Proposal to set up a World Recovery Fund (WRF), aimed at addressing some of the key problems with the design of the DSSI and more generally the existing international financial architecture for dealing with debt problems in the developing world. Read the full policy brief prepared for the International Finance Task Force of the Think20 (T20), the official engagement group of the G20.

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Proposal to set up a World Recovery Fund (WRF), aimed at addressing some of the key problems with the design of the DSSI and more generally the existing international financial architecture for dealing with debt problems in the developing world.

A world recovery fund to overcome developing countries’ post-covid debt woes?

Read the full policy brief prepared for the International Finance Task Force of the Think20 (T20), the official engagement group of the G20.

Alicia García-Herrero
Alicia Garcia Herrero is a Senior Fellow at Bruegel and a non-resident research fellow at Real Instituto El Cano. She is also Chief Economist for Asia Pacific at NATIXIS. Alicia Garcia Herrero is currently adjunct professor at City University of Hong Kong and Hong Kong University of Science and Technology (HKUST) and visiting faculty at China-Europe International Business School (CEIBS).

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