Anna Ivanova is a Deputy Division Chief in the Regional Studies Division of the IMF’s Western Hemisphere Department. Previously, she was mission chief for Ecuador. Before that, she worked as a lead economist at the World Bank’s Development Prospects Group, led missions to Guatemala and worked with Costa Rica, Germany, Netherlands, Yemen and Egypt. Her research interests include fiscal and […]
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Pandemic-related lockdowns, flight cancellations, and border closures may be putting a crimp on summer vacation plans. However, the precipitous drop in tourism will have an outsized impact on countries that rely on foreign travelers—with potentially large-scale effects on their economies’ national accounts. […]
Economic activity in Latin America and the Caribbean stagnated in 2019, continuing with the weak growth momentum of the previous five years and adding more urgency and new challenges to reignite growth. Indeed, real GDP per capita in the region has declined by 0.6 percent per year on average during 2014–2019—a sharp contrast from the commodity boom’s average increase of […]
No country is immune to corruption. The abuse of public office for private gain erodes people’s trust in government and institutions, makes public policies less effective and fair, and siphons taxpayers’ money away from schools, roads, and hospitals. […]
Valentina Flamini is currently senior economist in the IMF’s Western Hemisphere Department, covering Brazil. Previously, she worked on the desks for Costa Rica and Guatemala, and in the Fiscal Affairs and European Departments. Prior to joining the IMF in 2009, she was an economist at the Ministry of Finance in Italy. Her research focuses on fiscal, monetary, and financial […]