When corporations have too much debt and need to restructure it, creditors often end up exchanging bonds or loans for stocks… Time is Ripe for Innovation in the World of Sovereign Debt Restructuring

Amid the human tragedy and economic recession caused by the COVID-19 pandemic… Financial Conditions Have Eased, but Insolvencies Loom Large

Governments have put forward swift and significant emergency lifelines to protect people in response to the pandemic… Tracking the $9 Trillion Global Fiscal Support to Fight COVID-19

While we have seen some recent volatility, many risky asset markets around the world had a spectacular year in 2019…

In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth… https://blogs.imf.org/2020/01/20/tentative-stabilization-sluggish-recovery/

Since the global financial crisis of 2008, emerging market economies have experienced a surge in capital flows in response to significant monetary easing by major central banks… https://blogs.imf.org/2020/01/15/ensuring-the-benefits-of-capital-flows-in-the-middle-east/