Stubbs Thomas, Kring William, Laskaridis Christina, Kentikelenis Alexander, Gallagher Kevin
Department of Politics and International Relations, Royal Holloway, University of London, United Kingdom.
Centre for Business Research, Judge Business School, University of Cambridge, United Kingdom.
World Dev. 2021 Jan;137:105171. doi: 10.1016/j.worlddev.2020.105171. Epub 2020 Sep 1.
Multilateral financial institutions have pledged to do whatever it takes to enable emerging market and developing countries to fill a $2.5 trillion financing gap to combat Covid-19 and subsequent economic crises. In this article, we present new datasets to track the extent to which multilateral financial institutions are meeting these goals, and conduct a preliminary assessment of progress to date. We find that the International Monetary Fund and the principal regional financial arrangements have made relatively trivial amounts of new financing available and have been slow to disburse the financing at their disposal. As of July 31, 2020, these institutions had committed $89.56 billion in loans and $550 million in currency swaps, totaling $90.11 billion-just 12.6% of their current capacity. The new datasets allow scholars, policymakers, and civil society to continue to track these trends, and eventually examine the impact of such financing on health and development outcomes.
多边金融机构已承诺竭尽全力，使新兴市场和发展中国家能够填补2.5万亿美元的融资缺口，以应对新冠疫情及随后的经济危机。在本文中，我们展示了新的数据集，以追踪多边金融机构在多大程度上实现了这些目标，并对迄今为止的进展进行了初步评估。我们发现，国际货币基金组织和主要的区域金融安排提供的新增融资相对较少，且动用其可支配融资的速度较慢。截至2020年7月31日，这些机构已承诺提供895.6亿美元的贷款和5.5亿美元的货币互换，总计901.1亿美元，仅占其当前可用资金的12.6%。这些新的数据集使学者、政策制定者和民间社会能够继续追踪这些趋势，并最终考察此类融资对健康和发展成果的影响。
