Posted on November 1, 2010 by iMFdirect
By Anoop Singh
(Version in 日本語)
Of all the things policymakers have had to worry about in the past couple of years, inflation wasn’t one of them. Some even heralded the end of inflation.
Today, inflation still isn’t a ‘problem’ in Asia. For the most part, it remains relatively modest, but it is on the rise in some countries in the region. And understanding what is driving that inflation matters. Policymakers need to consider the sources of inflation in making the right policy choices. What policy tools to choose. Continue reading
Filed under: Asia, Economic Crisis, Economic outlook | Tagged: actual output, capital inflows, commodity prices, core inflation, domestic demand, economic growth, exchange rates flexibility, inflation, interest rates, monetary policy, output gaps, policy stimulus, potential output, Regional Economic Outlook: Asia and Pacific, structural reforms | 2 Comments »
Posted on January 4, 2010 by iMFdirect
By John Lipsky
The year 2010 has opened amid generalized—–but tempered—optimism about the global economic and financial outlook.
The unprecedented scale and scope of the anti-crisis measures taken during the past year—and the unprecedented degree of multilateral policy coordination involved in their design and implementation—appear to have succeeded in averting a downturn of historic proportions.
The improved prospects are evident in economic data, in financial market performance, and in the marking up of economic forecasts. In fact, somewhat more upbeat expectations no doubt will be reflected in the regular January update of the IMF’s World Economic Outloook forecast.
Filed under: Advanced Economies, Africa, Asia, Economic Crisis, Emerging Markets, Financial Crisis, Fiscal Stimulus, growth, International Monetary Fund, Low-income countries | Tagged: credit losses, domestic demand, Fiscal Stimulus, output gaps, Pittsburgh Summit, policy coordination | 6 Comments »