Posted on March 14, 2017 by iMFdirect
By Christine Lagarde
Versions in: عربي (Arabic), 中文 (Chinese), Français (French), Deutsch (German), 日本語 (Japanese), Русский (Russian), and Español (Spanish)
Baden-Baden, the German spa town built on ancient thermal springs, is a fitting venue to discuss the health of the global economy during this week’s meeting of the Group of Twenty finance ministers and central bank governors.
Policymakers will likely share a sense of growing optimism, because the recent strengthening of activity suggests that the world economy may finally snap out of its multi-year convalescence. Continue reading
Filed under: Advanced Economies, G-20, growth, IMF, Investment, jobs, technology, U.S. | Tagged: China, Christine Lagarde, cross-border linkages, economic integration, euro area, G20, GDP, global economy, IMF, iMFdirect blog, inclusive growth, India, inequality, Japan, labor market reforms, Migration, spillover effects, tax reform, technology, United States | Leave a comment »
Posted on February 27, 2017 by iMFdirect
Improving access to sanitation, an important Sustainable Development Goal, is essential for achieving gender equality and economic prosperity. It leads to increased female participation in the workforce, higher literacy and faster economic growth, according to the IMF’s latest research on India. Continue reading
Filed under: Asia, Economic research, Gender issues, growth, health, IMF, Inequality, infrastructure, International Monetary Fund, labor force | Tagged: Asia, economic growth, education, Gender issues, IMF, iMFdirect blog, India, inequality, labor force, literacy, poverty, Public Sanitation, sustainable development Goals, sustainable recovery, women | Leave a comment »
Posted on January 5, 2017 by iMFdirect
The IMF will assess a range of financial systems in 2017: large ones such as China and Japan, medium-sized ones like Luxembourg, Spain, and Turkey, and small ones such as Guyana and Zambia. Continue reading
Filed under: Economic research, Financial markets, International Monetary Fund, monetary policy | Tagged: Bahrain, Belarus, Bulgaria, China, Finland, FSAP, Germany, Guyana, India, Indonesia, Ireland, Japan, Lebanon, Luxembourg, Madagascar, Mauritius, Mexico, Montenegro, Netherlands, New Zealand, Russia, Saudi Arabia, Spain, Sweden, Turkey, United Kingdom, Zambia | Leave a comment »
Posted on July 27, 2016 by iMFdirect
By Ian Parry and Philippe Wingender
Version in 中文 (Chinese)
A single policy could do it all for China. A carbon tax—an upstream tax on the carbon content of fossil fuel supply—could dramatically cut greenhouse gases, save millions of lives, soothe the government’s fiscal anxieties, and boost green growth. Continue reading
Filed under: Asia, China, climate change, health, IMF, International Monetary Fund, technology, trade | Tagged: carbon dioxide, carbon tax, China, Climate change, CO2 emissions, coal, emissions trading system, fossil fuels, GDP, greenhouse gases, healthcare spending, IMF, iMFdirect, India, International Monetary Fund, Paris agreement, trade, United States | Leave a comment »
Posted on July 25, 2016 by iMFdirect
By David Lipton
Versions in عربي (Arabic), Español (Spanish)
Almost a decade after the start of the global financial crisis, the world economy is still trying to achieve escape velocity. The IMF’s recent forecast for global growth is a disappointing 3.1 percent in 2016 and 3.4 percent in 2017. And the outlook remains clouded by increased economic and political uncertainty, including from the impact of the Brexit vote.
Policymakers have taken forceful macroeconomic policy action to support growth, such as fiscal stimulus and appropriately accommodative monetary policy. But a lasting recovery remains elusive. Continue reading
Filed under: Advanced Economies, Financial Crisis, Fiscal policy, G-20, International Monetary Fund | Tagged: Brazil, business cycle, competition, foreign direct investment, IMF, India, Indonesia, International Monetary Fund, macroeconomic policy, monetary policy, structural reforms, trade | Leave a comment »
Posted on May 24, 2016 by iMFdirect
By Sonali Jain-Chandra, Kalpana Kochhar and Tidiane Kinda
Versions in 中文 (Chinese), 日本語 (Japanese)
Asia continues to be the world’s growth leader, but the gains from growth are less widely shared than before. Until about 1990, Asia grew rapidly and secured large gains in poverty reduction while simultaneously achieving a fairly equitable society. Since the early 1990s, however, the region has witnessed widening income inequality that has accompanied its robust expansion—a break from its own remarkable past.
This matters because elevated levels of inequality are harmful for the pace and sustainability of growth. What can be done? Our research finds that policies could substantially reverse the trend of rising inequality. In particular, given limited social safety nets, well-designed fiscal policies may be able to alleviate inequality without stifling the region’s wealth-creating growth.
Filed under: Asia, China, Emerging Markets, Employment, Fiscal, Fiscal policy, Government, growth, IMF, India, Inequality, International Monetary Fund, Investment, Reform | Tagged: China, fiscal policy, IMF, iMFdirect, income inequality, India, inquality, International Monetary Fund, investment, unemployment | 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 »