Ukraine and Russia face the sharpest economic contractions, but other countries could also fall into recession this year.
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Asset purchases can be an effective tool, but it is critical to minimize risks to central bank independence and price stability.
Julie Kozack is a Deputy Director in the IMF’s Western Hemisphere Department, leading the IMF’s work on Argentina. Prior to holding this position, she held a position as Deputy Director in the IMF’s European Department where she oversaw a portfolio of countries, including Ukraine, Sweden, and Poland. She also served as IMF Mission Chief for Germany (until August 2019) and Director […]
Mariano Moszoro is a Senior Economist in the IMF’s Fiscal Affairs Department. His work experience and research focus on public finance, political economy, and infrastructure development. Dr. Moszoro holds a Ph.D. and habilitation (French HDR/US tenure equivalent) in Economics from the SGH Warsaw School of Economics. In 2005-2006, he was Deputy Minister of Finance of Poland and Chairman of the […]
James Roaf is an Assistant Director in the Fiscal Affairs Department of the IMF. He has recently taken on the new role of Climate Change Policy Coordinator, overseeing a team of dedicated experts and a rapidly expanding work agenda on fiscal policies to address climate change. Previous IMF assignments have included mission chief for Russia and for Serbia, the policy […]
The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. […]
James Morsink is a Deputy Director of the Monetary and Capital Markets Department (MCM), with responsibility for financial sector assessments and MCM strategy and resource management. He previously had oversight of bilateral surveillance (along with financial sector assessments).
He has worked on global macroeconomic and macrofinancial issues at the IMF for more than 26 years. During the 1990s, he worked […]