Rapid IMF Disaster Support Accelerates Growth but Increases Debt Burdens

As climate change fuels stronger storms, floods, cyclones and earthquakes, the International Monetary Fund (IMF) is increasingly becoming a financial lifeline for disaster-hit economies. A new study by IMF researchers Pedro Juarros and Junko Mochizuki finds that rapid IMF emergency financing can significantly speed up economic recovery after natural disasters, especially in vulnerable island nations…