Unlocking Central Asia’s Huge Potential
By Masood Ahmed The IMF has just finished its Annual Meetings in Istanbul, the traditional start of the old silk road and the gateway to Central Asia. Strategically located between East Asia and...
View ArticleBRICs and Mortar—Building Growth in Low-Income Countries
By Dominique Desruelle and Catherine Pattillo (Versions in 中文, Português, Español, Русский) The so-called BRIC nations—Brazil, Russia, India and China—could be a game changer for how low-income...
View ArticleLost & Found in Eastern Europe: Replacing Funding by Western Europe’s Banks
By Bas Bakker and Christoph Klingen With Western Europe’s banks under pressure, where does this leave Europe’s emerging economies and their financial systems that are dominated by subsidiaries of these...
View ArticleGlobal Outlook—Still Three Speeds, But Slower
By Olivier Blanchard Today we released our update of the World Economic Outlook. The world economy remains in 3-speed mode. Emerging markets are still growing rapidly. The US recovery is steady. And...
View ArticleEurope’s Economic Outlook
By Reza Moghadam Economic growth across Europe is slowly picking up, which is good news. But the recovery is still modest and measures to boost economic growth and create jobs are important. Western...
View ArticleCentral, Eastern, and South-Eastern Europe: Safeguarding the Recovery as the...
By Reza Moghadam, Aasim M. Husain, and Anna Ilyina (Version in Türk) Growth is gathering momentum in most of Central, Eastern, and South-Eastern Europe (CESEE) in the wake of the recovery in the euro...
View ArticleStabilizing Ukraine
By Reza Moghadam (Version in Русский and Español) Even before geopolitical tensions unleashed currency flight, bank deposit withdrawals and surging risk premiums, Ukraine faced serious challenges. The...
View ArticleLinks and Levers: How the Caucasus and Central Asia Are Tied to Russia
By Alberto Behar (Version in Русский) The countries of the Caucasus and Central Asia (CCA) are closely linked with Russia through trade, financial, and labor market channels. These ties have served the...
View ArticleEurope’s Russian Connections
By Aasim M. Husain, Anna Ilyina and Li Zeng The conflict in Ukraine and the related imposition of sanctions against Russia signal an escalation of geopolitical tensions that is already being felt in...
View ArticleThree Key Questions About the Slowdown in Emerging Markets
By Sweta Saxena 1. Are emerging markets slowing down? Yes. They have been slowing down for some time now. GDP growth has declined from 7 percent during the pre-crisis period (2003-8) to 6 percent over...
View ArticleLegacies, Clouds and Uncertainties
By Olivier Blanchard The recovery continues, but it is weak and uneven. You have now seen the basic numbers from our latest projections in the October 2014 World Economic Outlook released today. We...
View ArticleNatural Gas: The New Gold
By Rabah Arezki Natural gas is creating a new reality for economies around the world. Three major developments of the past few years have thrust natural gas into the spotlight: the shale gas...
View ArticlePortfolio Investment in Emerging Markets: More Than Just Ebb and Flow
By Evan Papageorgiou When the U.S. Federal Reserve first mentioned in 2013 the prospect of a cutback in its bond buying program, markets had a “taper tantrum.” Many emerging markets saw large increases...
View ArticleBuilding a Camaraderie of Central Bankers: How Monetary Policymakers in the...
By Min Zhu (Versions in 中文, Русский) The world’s central bankers are certainly in the news these days. Not a week goes by without the Fed, the European Central Bank or the Bank of Japan taking big and...
View ArticleGrowth: An Essential Part of a Cure for Unemployment
By Davide Furceri and Prakash Loungani (version in Español, Français, 中文, Русский, عربي, 日本語) Unemployment is a global problem. If the unemployed formed their own country, it would be the fifth...
View ArticleSeven Questions About The Recent Oil Price Slump
By Rabah Arezki and Olivier Blanchard[1] (Versions in عربي, 中文, Français, 日本語, Русский, and Español) Oil prices have plunged recently, affecting everyone: producers, exporters, governments, and...
View ArticleThe Top Ten Blogs of 2014
by iMFdirect As 2014 draws to a close, we thought you might like a look back at the most read blogs of the year. These are the headlines and ideas that caught your eyes and the list is based on...
View ArticleGlobal Economy Faces Strong and Complex Cross Currents
By Olivier Blanchard (version in Español) The world economy is facing strong and complex cross currents. On the one hand, major economies are benefiting from the decline in the price of oil. On the...
View ArticleFour Forces Facing the Global Economy
By Olivier Blanchard (Versions in عربي and Español) In our April 2015 World Economic Outlook, we forecast global growth to be roughly the same this year than last year, 3.5% versus 3.4%. This global...
View ArticleFinancial Risks Rise Amid Uneven Global Economic Recovery
By José Viñals (Versions in عربي and Español) The three main messages from this Global Financial Stability Report are: Risks to the global financial system have risen since October and have rotated to...
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