Review of the Joint WB-IMF Debt Sustainability Framework (2016): ‘Readjusting the IMF's Loss Function'

Review of the Joint WB-IMF Debt Sustainability Framework (2016)
Commonwealth Secretariat Discussion Paper

The discussion note puts forward several perspectives on the WB-IMF debt sustainability framework (DSF), with the aim of contributing to discussions on the framework review occurring in 2016.

The paper makes specific recommendations stemming from views on the tone, debt threshold methodology and lack of ample feedback in the DSF.