Posted on June 30, 2016 by iMFdirect
When global banks decide to withdraw from some countries and no longer do business with banks there, the global effect so far has been a gentle ripple, but if unaddressed, it may become more like a tsunami for the countries they leave.
Filed under: banking, Financial regulation, IMF, International Monetary Fund, Investment, trade | Tagged: Angola, banking services, Caribbean, Financial regulation, financial system, foreign payments, global banks, growth, IMF, iMFdirect, International Monetary Fund, investment, jobs, Liberia, Samoa, trade | Leave a comment »
Posted on June 22, 2016 by iMFdirect
By Christine Lagarde
Version in Español (Spanish)
The U.S. economy is in good shape, despite some setbacks in very recent months. The latest IMF review of the U.S. economy can be summed up in three numbers: above 2, below 5, and 4. What does that mean?
Filed under: Advanced Economies, Economic research, Financial markets, growth, IMF, International Monetary Fund, labor markets, monetary policy, U.S. | Tagged: advanced economies, Christine Lagarde, GDP, growth, IMF, income inequality, International Monetary Fund, labor force, population, poverty, productivity, productivity gains, trade, United States, US ecconomy, women | Leave a comment »
Posted on June 8, 2016 by iMFdirect
By Martin Sommer, Juan Treviño, and Neil Hickey
Version in عربي (Arabic)
The significant and prolonged drop in oil prices since mid-2014 has changed the fortunes of many energy-exporting nations around the world. This applies particularly to countries of the Middle East and Central Asia, because these regions are home to 11 of the world’s top 20 energy exporters.
Filed under: Central Asia, growth, IMF, International Monetary Fund, Middle East, oil, trade | Tagged: budget deficits, Central Asia, energy prices, exchange rate, exports, fiscal policy, growth, Gulf countries, IMF, International Monetary Fund, Middle East, oil, oil exporters, oil prices | Leave a comment »
Posted on May 18, 2016 by iMFdirect
By Pritha Mitra
Version in عربي (Arabic)
Every year, millions of people leave their countries of birth in search of better opportunities abroad. Often, these migrants are among the most talented workers in their home countries. At first glance, this is a loss for the home countries, which invested considerable time and money in educating and developing these people, only to watch them leave. But look again.
Filed under: developing countries, Emerging Markets, Employment, Government, growth, International Monetary Fund, Investment, Migration, refugees, technology | Tagged: Africa, Asia, developing countries, diaspora, emerging economies, Europe, GDP, governments, growth, IMF, India, International Monetary Fund, jobs, Latin America, Middle East, Migration, refugees, remittances, United States | Leave a comment »
Posted on April 13, 2016 by iMFdirect
By Vitor Gaspar and Luc Eyraud
Versions in 中文 (Chinese), Français (French), Español (Spanish), 日本語 (Japanese), and Русский (Russian)
Public finances have had a rough year. A new reality is emerging. Against this backdrop, countries need to act now to boost growth and build resilience. They must also be prepared to act together to fend off global risks.
Filed under: Advanced Economies, Economic outlook, Economic research, Emerging Markets, Financial markets, Fiscal policy, growth, IMF, inflation, International Monetary Fund, oil | Tagged: advanced economies, emerging markets, Fiscal Monitor, fiscal policy, fiscal space, GDP, growth, IMF, low-income countries, public finances | Leave a comment »
Posted on March 10, 2016 by iMFdirect
By Rahul Anand and Paul Cashin
After being low for decades, inflation in India trended higher from the mid-2000s. It reached 10–11 percent by 2008, and remained elevated at double digits for several years. Even though inflation fell by almost half in 2014, inflation expectations have remained high.
High and persistent inflation in recent years has presented serious macroeconomic challenges in India, increasing the country’s domestic and external vulnerabilities. As Reserve Bank of India Governor Raghuram Rajan pointed out at the 8th R.N. Kao Memorial Lecture in 2014, “inflation is a destructive disease … we can’t push inflation under the carpet as a central banker. We have to deal with it.”
Filed under: Asia, Emerging Markets, IMF, Inequality, inflation, International Monetary Fund, LICs | Tagged: demand, food prices, food supply, growth, households, IMF, India, inequality, inflation, International Monetary Fund, Reserve Bank of India | Leave a comment »
Posted on February 24, 2016 by iMFdirect
(Versions in عربي and Español)
Shanghai will welcome finance ministers and central bank governors for the first ministerial meeting under China’s Group of Twenty presidency this weekend. The meeting comes at a critical time for the global economy. A note by IMF staff prepared as background for the G20 meeting, Global Prospects and Policy Challenges, points to a tepid recovery, and warns that weaker global growth might well be in the cards. This calls for a strong policy response, both national and multilateral, including from the G20.
Filed under: Economic research, G-20, Globalization, growth, IMF, International Monetary Fund, refugees | Tagged: China, G20, Globalization, growth, IMF, iMFdirect, International Monetary Fund, monetary policy, recovery, refugees, spillovers, surveillance | Leave a comment »