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Estimating the Cost of Contributions to the IMF

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  • Mark Weisbrot
  • David Rosnick

Abstract

his issue brief looks at the likely costs to the U.S. Treasury from a $108 billion increase in the U.S. contribution to the International Monetary Fund (IMF). The White House's Office of Management and Budget originally proposed the $108 billion be scored at zero in the budget, and there are indications that it may be scored at as little as $5 billion. This analysis estimates the cost to the U.S. Treasury would be in the range of $16.6 to $26.3 billion, based on the difference between the U.S. Treasury's borrowing costs and interest received from the IMF. These estimates are conservative and understate the true cost.

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File URL: http://www.cepr.net/documents/publications/imf-contributions-2009-05.pdf
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Bibliographic Info

Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2009-18.

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Length: 3 pages
Date of creation: May 2009
Date of revision:
Handle: RePEc:epo:papers:2009-18

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Keywords: IMF;

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  1. Skatun, John Douglas, 2003. "Take some days off, why don't you?: Endogenous sick leave and pay," Journal of Health Economics, Elsevier, vol. 22(3), pages 379-402, May.
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