JUST RELEASED: The latest edition of F&D magazine delves into how high inflation and mounting levels of public and private debt are impacting monetary policy. Check it out ➡️https://bit.ly/3MQDd5e
The IMF Executive Board has approved $114.8 million in emergency financing to help address South Sudan’s food insecurity so the government can maintain social and growth-enhancing spending. https://bit.ly/41zQQ1g
How did the global financial crisis, the pandemic, and Russia's war in Ukraine each force a new approach to monetary policy? Read more in F&D. https://bit.ly/41FSSwH
What are the current risks of a wage-price spiral? The Chart of the Week examines the latest data and looks at past episodes to answer the question. https://bit.ly/3KuT3VC
More focused, less interventionist central banks would deliver better outcomes, writes Raghuram Rajan in the latest F&D. Read more here. https://bit.ly/3EP5VlQ
The global economy is at a turning point. Inflation is surging, and the world is grappling with high levels of debt. Discover how central banks are adapting to this new reality in the March 2023 edition of F&D magazine. #inflationhttps://bit.ly/3MQDd5e
Most countries used fiscal, monetary, and prudential policies during the pandemic, but the best results came from a large scale, all-out combined use of all three. https://bit.ly/3koiD3S
For all the analysis and data, read the report from the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth: https://bit.ly/3mhQE6q
In addition to policies - including carbon pricing or equivalent measures - that promote investment, providing timely debt treatments and concessional official finance is critical to catalyze a much needed order-of-magnitude increase in private finance. https://imf.org/en/Publications/analytical-notes/Issues/2023/02/28/The-Big-Push-for-Transformation-through-Climate-and-Development-Recommendations-of-the-High-530354…
Emerging economies, led by India and China, are supplying much of the momentum for global growth, and we project they will account for about four-fifths of global growth this year. See our new blog for more. http://bit.ly/3YToQ6P
Group Forum in Luxembourg to discuss how - across the public and private sectors - we need a mindset shift to step up climate finance in emerging and developing economies. Read my full remarks here: http://bit.ly/3Y5TpoU
The best response to a big economic shock is an all-out combination of fiscal and monetary policy, along with policies that keep the financial system as a whole safe, which deploys all three at large scale. See our new blog for more. https://bit.ly/3koiD3S
Deputy Managing Director Bo Li at #EIBForum: 2023 will be a challenging year for the global economy.
This speaks to the importance of a #GreenTransition, away from fossil fuels, subject to supply chain disruptions, and towards #RenewableEnergy.
Crypto, originally a means to avoid public oversight, may hold more promise for the public sector: the underlying technologies such as blockchain can help upgrade payments and other financial infrastructure. https://bit.ly/3YVBDG9
An almost forgotten 19th century episode shows that international cooperation is essential for a stable global monetary system, writes Johannes Wiegand for Finance & Development Magazine. https://bit.ly/3XOtulu
The re-opening of China will have a positive impact on the global economy. Discover the impact it has on our projections for worldwide economic growth. https://bit.ly/3RdWOAb
Central banks hiked interest rates last year as inflation in many countries rose to the highest levels in decades. Now financial conditions are easing, creating challenges for monetary policy. https://bit.ly/3HrY4Lv
Latin America's economy expanded by nearly 4% in 2022, employment recovered strongly, and the service sector rebounded from the damage caused by the pandemic. More on #IMFBlog: https://bit.ly/3jv1ncG
Despite higher interest rates, financial conditions have eased around much of the globe, posing a challenge for central banks. See our blog for more. https://bit.ly/3HrY4Lv
In my statement #G20India, I urge G20 leadership to strengthen the international financial architecture, especially in the area of debt resolution and strengthening the global financial safety net.
Watch our Analyze This videos to find out how the war in Ukraine has affected commodity prices and the global economic system, as well as the risks ahead.
Some technology behind crypto—like blockchain and others—may ultimately hold promise for the public sector. See our new blog on how a new kind of multilateral platform could improve cross-border payments.
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Today marks one year since the start of Russia’s war against Ukraine. At this important milestone, we honor the resilience of the people of Ukraine and the impressive economic management of their government. https://bit.ly/3YdO9jb
One year on since the start of Russia’s war in Ukraine, it was heartbreaking to see firsthand the devastation in Ukraine. But I was also inspired to see the resilience and resolve of the people. [1/3]
This could be another challenging year for the global economy, but it could be a turning point—with inflation moderating and growth accelerating. We project 2.9% growth this year. https://bit.ly/3YToQ6P#IMFBlog
This year could be a turning point for the global economy, but growth is still low, price pressures remain, and too many economies are still hurting badly after 3 years of shocks. Read more in a new #IMFBlog by
Asia’s economic headwinds are fading. We expect China and India alone to contribute more than half of global growth this year, with the rest of Asia contributing an additional quarter. Read our new blog here: http://bit.ly/418iQbX
The re-opening of China will have a positive impact on the global economy. Discover the impact it has on our projections for worldwide economic growth. https://bit.ly/3RdWOAb