Dan Devlin is part of the IMF’s Fiscal Affairs Department, specializing in tax policy with a keen interest in the extractive industries. At the Fund his work includes tax policy advice for developing countries and fiscal modeling of resource projects. Prior to joining the Fund in 2018, Dan was the Senior Economist in Natural Resource Taxation at the OECD, providing […]
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This blog is part of a series providing regional analysis on the effects of the coronavirus.
By Jihad Azour
The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case […]
Maike B. Luedersen is Senior Counsel in the IMF Legal Department and specializes in banking and financial crisis management. She has been involved in the European reform discussions on risk reduction measures while on secondment to the ECB in 2014-2017. During the global financial crisis, she advised on financial stability measures, deposit insurance, and bank resolution frameworks in Ireland, Germany, and Hungary. Modernizing the […]
Versions in عربي (Arabic)
May 8, 2017
Conflict has been on the rise since the early 2000s given the wars in Afghanistan, Iraq, and Syria.
Conflict leads not only to immeasurable human costs, but also to substantial economic losses with consequences that can persist for years. The tragic rise in conflict has weighed on global GDP growth in recent years, given the increasing number of countries experiencing strife, […]
In November 2014, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain output despite a perceived global glut of oil. The result was a steep decline in price.
Two years later, on November 30, 2016, the organization took a different tack and committed to a six-month, 1.2 million barrel a day (3.5 […]
As world leaders head to New York this week for the United Nations General Assembly, there is still no end to the heart-breaking images of war-torn cities in the Middle East and North Africa, and of a massive exodus of people […]
Oil prices have been persistently low for well over a year and a half now, but as the April 2016 World Economic Outlook will document, the widely anticipated “shot in the arm” for the global economy has yet to materialize. We argue that, […]
At the start of 2016, turbulence in financial markets has returned amid renewed concern about risks to global economic growth. The fundamental forces that underlay our October World Economic Outlook projections have not dissipated, and in some respects have intensified, leading us to trim our expectations for future medium-term growth of the world economy.
In recent years, citizens’ concerns about allegations of corruption in the public sector have become more visible and widespread. From São Paulo to Johannesburg, citizens have taken to the streets against graft. In countries like Chile, Guatemala, India, Iraq, Malaysia and Ukraine, they […]