The IMF’s Resilience and Sustainability Trust

Our guest for the episode is Dr. Dalano DaSouza , assistant lecturer in Economics at UWI, Cave Hill and co-host of the podcast, A Lawyer & A Policy Analyst Walk Into A Bar. On this episode, the economics academic spoke on the IMF’s Resilience and Sustainability Trust (RSF) where Barbados and Jamaica are the first Caribbean countries to access this new fund. Dr. DeSouza explained the program, what it means for both countries economically and express his professional thoughts on its criticism. Among other things, he also spoke a bit on the potential challenges and obstacles that the Resilience and Sustainability Trust may face in achieving its goals.

Notes

  • IMF: Resilience and Sustainability Trust

  • IMF: Resilience and Sustainability Facility

  • IMF: The Resilience and Sustainability Trust - A Dialogue with Countries (video)

  • IMF: Resilience and Sustainability Trust: New Tool for a Changing World (podcast)

  • IMF: IMF Reaches Staff-Level Agreement with Barbados for a Resilience and Sustainability Trust (RST) program, with an Accompanying Extended Fund Facility (EFF)

  • IMF: IMF Reaches Staff-Level Agreement with Jamaica on a Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF) and Conducted the 2022 Article IV Consultation

  • World Economic Forum: What is the IMF's New Climate Fund and How Does It Work?

  • Climate Home News: IMF Approves First Batch of Climate Resilience Loans

  • Eurodad: Why the IMF Resilience and Sustainability Trust is Not a Silver Bullet for Covid-19 Recovery and the Fight Against Climate Change

  • World Bank: World Bank Catastrophe Bond Provides Jamaica $185 Million in Storm Protection

  • Caribbean Survival and the Global Challenge edited by Ramesh Ramsaran

  • Global Displacements: The Making of Uneven Development in the Caribbean by Marion Werner

  • The Debt Problem of Small Peripheral Economies: Case Studies from the Caribbean and Central America by Norman Girvan et al

  • Life and Debt (2001) directed by Stephanie Black (documentary film)

  • Jamaica For Sale (2009) directed by Esther Figueroa and Diana McCaulay

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