Getting Real on Meeting Paris Climate Change Commitments
By Christine Lagarde and Vitor Gaspar
عربي, 中文, Español, Français, 日本語, Português, Русский
Climate change is the great existential challenge of our times. It is a challenge that spans all regions, with especially severe consequences for low-income countries. (more…)
Bank Profitability: Consider the Source
By Udaibir S. Das, Kun Hu, and TengTeng Xu
The global financial crisis of 2007–2009 and the ensuing period of low interest rates have renewed interest among policy makers in the relationship between bank profitability and financial stability. (more…)
Chart of the WeekFalling Costs Make Wind, Solar More Affordable
Harnessing wind and solar energy for low-carbon electric power generation was once considered uneconomical. (more…)
Chart of The WeekExpanding Trade Across The Maghreb
By Ramzy Al Amine, Jean-François Dauphin, and Alexei Kireyev
In 1989, the five Maghreb countries—Algeria, Libya, Mauritania, Morocco and Tunisia—established the Arab Maghreb Union to promote cooperation and economic integration. Thirty years later, there is still a largely untapped potential for regional trade among Maghreb countries. (more…)
Financing for Sustainable Development: Tackling Big Challenges
By Chris Lane
Without adequate financing, the best intentions of the global community expressed in the Sustainable Development Goals (SDGs) will remain beyond reach.
The IMF 30 Years After Brady
By Rhoda Weeks-Brown and Martin Mühleisen
Last month marked the 30th anniversary of the announcement of the “Brady plan”. In response to the 1980s Latin American debt crisis, this plan, named after then US Treasury Secretary Nicholas Brady, allowed countries to exchange their commercial bank loans for bonds backed by US Treasuries, bringing an end to a tumultuous period with possible systemic consequences for the global banking system at the time. (more…)