The war in Ukraine and resulting increase in commodity prices are expected to contribute to a further widening this year.
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Mark de Haan is a Senior Economist in the Real Sector Division of the IMF’s Statistics Department. Prior to joining the Fund, he worked in Statistics Netherlands for 29 years. He holds a PhD in environmental economics, has extensive experience in national accounts, productivity analysis and environmental accounting. Over the years he contributed to different Expert Groups on e.g. national […]
Emine Hanedar is an Economist at the Fiscal Affairs Department (FAD) in the IMF. Her work to date covers a wide range of macro-fiscal issues in the area of fiscal adjustment, public debt (sustainability), fiscal forecasting, ageing, European fiscal issues, public spending, tax policy, inequality, and energy subsidy reform. In FAD, she has also worked as a fiscal economist […]
To stave off risks to recovery, policymakers should focus support on firms that can survive and prepare to restructure or liquidate those that cannot.
A Japanese automobile manufacturer builds an assembly plant in Mexico. An Italian software company opens a sales office in Kenya to reach the Kenyan market with their services.
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 […]
The world entered the COVID-19 pandemic with persistent, pre-existing external imbalances. The crisis has caused a sharp reduction in trade and significant movements in exchange rates but limited reduction in global current account deficits and surpluses. […]