A pandemic grant package for the world's poorest economies: Not as costly as you might think, but too costly to happen anytime soon

Steven Kamin and Ben Clements
Additional contact information
Steven Kamin: American Enterprise Institute

AEI Economics Working Papers from American Enterprise Institute

Abstract: The emerging-market and developing economies face a multitude of grave challenges as they confront the COVID-19 pandemic, including a critical lack of budgetary space. Observers have highlighted the need to bolster the international financial institutions' lending capacity in the event of a "sudden stop" in global capital flows such as occurred in March.

Keywords: Budget deficit; Coronavirus; Fiscal policy; grants; Gross Domestic Product GDP; International economy; International Monetary Fund IMF (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2020-08
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.aei.org/research-products/working-pape ... happen-anytime-soon/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aei:rpaper:1008577378

Access Statistics for this paper

More papers in AEI Economics Working Papers from American Enterprise Institute Contact information at EDIRC.
Bibliographic data for series maintained by Dave Adams, CIO ().