Developing countries are already suffering from the health, social and economic consequences of the coronavirus. A looming debt crisis would be catastrophic. On 15 April 2020, G20 finance ministers agreed to a debt “standstill” for 2020. This policy paper aims to illustrate the impact of...

This report presents recent capital flow developments during the COVID-19 crisis and serves as a background paper to the G20 International Financial Working Group meeting on 24 June 2020, Part I - Addressing the situation created by a historic level of capital outflows and restoring sustainable...