Deteriorating global conditions and the IMF: Toward immediate and adequate responses

Panelists in this session will critically examine the IMF’s crisis response to date and consider urgent policy responses required to ensure it supports rather than hinders an equitable, just, and enduring recovery from evolving crises.

Recognizing that some necessary IMF governance reforms will take time, the session will focus on proposals for immediate policy responses from the IMF, including the immediate issuance of additional Special Drawing Rights and their periodic and regular allocation, as well as actions required to address the escalating debt crisis.

The session will be moderated by Politico economics reporter Victoria Guida and will feature an interactive discussion and 15-minute Q&A with:

- United States Congressman Jesus “Chuy” García (IL-04)
- Adam Tooze, Director of Columbia University’s European Institute
- Andrés Arauz, Senior Research Fellow at the Center for Policy and Economic Research (CEPR) and former Central Bank General Director of Ecuador
- Patricia Miranda, Advocacy Coordinator for the Latin American Network on Debt and Development (Latindadd)

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