2011 July « iMFdirect – The IMF Blog

Christine Lagarde on Sovereign Debt, Growth and Social Instability

Posted on July 26, 2011 by iMFdirect

The IMF chief gave a speech in New York City today that sets out how the IMF can help countries tackle this troika of challenges to the global economy.

Filed under: Advanced Economies, Economic Crisis, Employment, Europe, Fiscal policy, growth, IMF, Inequality, International Monetary Fund, Public debt | Tagged: commodity prices, debt, debt ceiling, deficits, employment, Euorpe, fiscal consolidation, Greece, growth, IMF, International Monetary Fund, Japan, jobs, social inequality, sovereign debt, United States | 1 Comment »

Between a Rock and a Hard Place: U.S. Fiscal Policy

Posted on July 25, 2011 by iMFdirect

The United States faces two pressing challenges to fiscal policy: raise the debt ceiling, and begin the arduous process of reducing deficits and debt.
And, right now, this leaves U.S. fiscal policy between a rock and a hard place. How much savings should be found and in what form are crucial questions. So is when to put those savings in effect.

Filed under: Advanced Economies, Economic Crisis, Employment, Fiscal policy, growth, IMF, International Monetary Fund, Public debt | Tagged: debt, debt ceiling, economic crisis, fiscal policy, GDP, growth, IMF, International Monetary Fund, labor markets, U.S., unemployment, United States | 5 Comments »

Euro Muscles in Brussels: Christine Lagarde on Greece

Posted on July 22, 2011 by iMFdirect

The head of the IMF Christine Lagarde was clear during her press conference—European leaders deal to help Greece and the euro area is a very constructive and comprehensive package of measures to resolve debt problems.

Filed under: Advanced Economies, Economic Crisis, Europe, IMF, International Monetary Fund | Tagged: budget, Christine Lagarde, competitiveness, debt, debt sustainability, euro area, European Financial Stability Facility, financial markets, government debt, Greece, growth, IMF, International Monetary Fund, sovereign debt | 2 Comments »

The Solution Is More, Not Less Europe

Posted on July 19, 2011 by iMFdirect

It is hard to hold the course in the middle of a storm, but European policymakers need to if they want European integration to succeed. The sovereign debt crisis is a serious challenge, which requires a strong and coordinated effort by all involved to finally put it behind us.

Filed under: Advanced Economies, Economic Crisis, Europe, growth, IMF, International Monetary Fund | Tagged: currency union, Economic and Monetary Union, economic crisis, economic integration, equity capital, euro area, euro area Art IV, Europe, European financial stability framework, European Union, financial sector, Germany, global trade, governance, government debt, growth, integration, labor market, policymakers, reforms, sovereign debt, Stability and Growth Pact, structural reforms, surveillance, Sweden | 17 Comments »

No Country is an Island: Ireland and the IMF

Posted on July 14, 2011 by iMFdirect

Speaking to the pain and anger of the Irish people at the toll the economic adjustment has taken on their daily lives, the IMF’s mission chief Ajai Chopra was clear during a press conference today in Dublin: the end goals is to protect the poor and most vulnerable people in society while restarting the economy.
The IMF along with the European Central Bank and the European Commission were in the emerald isle for the regular quarterly review of the government’s economic program.

Filed under: Economic Crisis, Europe, Fiscal policy, growth, IMF, International Monetary Fund | Tagged: banks, bonds, EC, ECB, economy, European Central Bank, European Commission, financial markets, fiscal policy, growth, International Monetary Fund, Ireland, unemployment | 8 Comments »

Beyond Growth: the Importance of Inclusion

Posted on July 7, 2011 by iMFdirect

Economists care about growth. Governments care about what it can achieve: more jobs and more income for more people. An increasing number of African countries have been growing robustly for more than a decade. But while growth is a necessary condition for poverty reduction and employment creation, is it also sufficient?

Filed under: Advanced Economies, Africa, Economic Crisis, growth, IMF, Inequality, International Monetary Fund, LICs, Low-income countries | Tagged: Africa, Democratic Republic of Congo, education, Ethiopia, growth, health, inclusive growth, income, income inequality, jobs, Liberia, low income countries, Millenium Development Goals, Mozambique, natural resources, oil, Rwanda, social justice, social safety nets, Tanzania, tax regimes, Uganda, virtuous growth cycle | 3 Comments »

No Time to Waste: IMF Managing Director Christine Lagarde

Posted on July 6, 2011 by iMFdirect

The IMF’s managing director Christine Lagarde gave her first press conference today, in which she outlined three focal issues for the institution.

Filed under: IMF, International Monetary Fund | Tagged: capital flows, Christine Lagarde, employment, financial sector, global economy, IMF, International Monetary Fund, social issues, sovereign debt, youtube | 5 Comments »

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Between a Rock and a Hard Place: U.S. Fiscal Policy

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No Country is an Island: Ireland and the IMF

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