Five Actions to Strengthen the Euro Area Banking Union

By Atilla Arda, Daniel Hardy, and Maike B. Luedersen

December 14, 2018

View of skyscrapers in the banking district in Frankfurt am Main, Germany: Progress has been made, but more needs to be done to strengthen the euro area’s banking union (photo: imageBROKER/Stefan Ziese/Newscom)

Dealing with problem banks in a prompt, efficient, and even-handed manner is essential for the European banking union. Continue reading “Five Actions to Strengthen the Euro Area Banking Union” »

By | December 14th, 2018|Europe|

The Uneven Path Ahead: The Effect of Brexit on Different Sectors in the UK Economy

By Jiaqian Chen

December 4, 2018

عربي, 中文Español, Français日本語,  PortuguêsРусский

A UK border agency worker holds a passport: As a member of the European Union, free labor mobility has enabled the UK to hire talent from across the EU (photo: Mac Gregor/Reuters/Newscom)

The United Kingdom is set to leave the European Union in March 2019. Our research suggests that all likely Brexit outcomes will entail an economic cost for the UK, and these costs would be unevenly spread across different sectors and regions. Continue reading “The Uneven Path Ahead: The Effect of Brexit on Different Sectors in the UK Economy” »

By | December 4th, 2018|Europe|

Chart of the Week: Bye Bye Baby—How Crises Affect Fertility Rates

By IMFBlog

November 13, 2018

Increasing access to affordable and high-quality childcare can make it easier for families to have more children (photo: Franziska Kraufmann/dpa/Newscom)

The global financial crisis a decade ago and the resulting recession left long-lasting scars on future growth in more ways than one. Continue reading “Chart of the Week: Bye Bye Baby—How Crises Affect Fertility Rates” »

The Wealth of Nations: Governments Can Better Manage What They Own and Owe

By Vitor Gaspar, Jason Harris, and Alexander Tieman

October 10, 2018

عربي,中文, Español, FrançaisBaˈhasa indoneˈsia, 日本語PortuguêsРусский

A firefighter in Auckland, New Zealand: when governments know what they own they can put their assets to better use and can earn about 3 percent of GDP more in revenues to spend on citizens’ well being (Photo: Rafael Ben-Ari/Newscom)

What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card balance, and your student loans. But you probably also think about how much cash is sitting in the bank, the value of your house, and the rest of your nest egg.

Surprisingly, most governments do not approach their finances this way. Continue reading “The Wealth of Nations: Governments Can Better Manage What They Own and Owe” »

The Financial System Is Stronger, but New Vulnerabilities Have Emerged in the Decade Since the Crisis

By Tobias Adrian

October 10, 2018

عربي, 中文, Español, Français, Baˈhasa indoneˈsia, 日本語PortuguêsРусский

Debt owed by governments, companies and households in economies with globally systemically important financial sectors has risen since the global financial crisis (Photo: Richard B. Levine/Newscom)

Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term risks to the financial system have increased somewhat over the past six months. Continue reading “The Financial System Is Stronger, but New Vulnerabilities Have Emerged in the Decade Since the Crisis” »

Global Growth Plateaus as Economic Risks Materialize

By Maurice Obstfeld

October 9, 2018

عربي中文, Español, FrançaisBaˈhasa indoneˈsia, 日本語, Русский

Uncertainty over trade policy is becoming a drag on economic activity (photo: Imagine China/Newscom)

The latest World Economic Outlook report projects that global growth will remain steady over 2018–19 at last year’s rate of 3.7 percent. This growth exceeds that achieved in any of the years between 2012 and 2016. It occurs as many economies have reached or are nearing full employment and as earlier deflationary fears have dissipated. Thus, policymakers still have an excellent opportunity to build resilience and implement growth-enhancing reforms.

Continue reading “Global Growth Plateaus as Economic Risks Materialize” »

A Decade After Lehman, the Financial System Is Safer. Now We Must Avoid Reform Fatigue

By Adolfo Barajas, Claudio Raddatz, and James P. Walsh

October 3, 2018

عربي中文,  Español,  Français, Baˈhasa indoneˈsia日本語, PortuguêsРусский

A ticker in New York’s Times Square flashes the news of the collapse of Lehman Brothers on September 15, 2008: In the decade since, the financial sector has  strengthened considerably, but the reform agenda remains incomplete (Photo: Joshua Lott/Reuters/Newscom)

In the decade since the collapse of US investment bank Lehman Brothers sparked the most severe economic crisis since the Great Depression, regulation and supervision of the financial sector have been strengthened considerably. This has reduced the risk of another crisis, with all its attendant woes—unemployment, foreclosures, bankruptcies. But a new risk has emerged: reform fatigue. Continue reading “A Decade After Lehman, the Financial System Is Safer. Now We Must Avoid Reform Fatigue” »

Back to School Blogs

By IMFBlog

September 7, 2018 

عربيBaˈhasa indoneˈsia中文, EspañolFrançais,日本語, Português, Русский

Girls on their first day of school: our latest blog helps you catch up on all the news of the summer (Shadi Jarar'ah/Newscom)

As your list of things to do gets longer and the days grow shorter, you know summer is fading, just like your tan.

To help you quickly catch up on the news and policy debates of the summer—if you live in the Northern Hemisphere—our editors have put together a list of our top reads on economics and finance.  Continue reading “Back to School Blogs” »

Ten Years After Lehman—Lessons Learned and Challenges Ahead

By Christine Lagarde

September 5, 2018

عربيBaˈhasa indoneˈsia, Español, 中文, Français日本語, PortuguêsРусский

A trader on the New York Stock Exchange the day US investment bank Lehman Brothers filed for bankruptcy: the global crisis that followed is a defining moment of our time (Photo: Nancy-Kaszerman/ZUMA Press/Newscom)

The global financial crisis remains one of the defining events of our time. It will forever mark the generation that lived through it. Continue reading “Ten Years After Lehman—Lessons Learned and Challenges Ahead” »

Euro Area Inflation: Why Low For So Long?

By Yasser Abdih, Li Lin, Anne-Charlotte Paret 

August 28, 2018

Sculpture of the euro outside the European Central Bank, Frankfurt, Germany: Convergence of core inflation towards the ECB’s medium-term objective is likely to be gradual (photo: Alex Domanski/REUTERS/Newscom)

The euro area economy is in its fifth year of recovery, unemployment is close to its pre-crisis level and the output gaps of most countries have closed. Yet, core inflation continues to be low, notwithstanding temporarily high headline inflation due to higher energy prices. Continue reading “Euro Area Inflation: Why Low For So Long?” »

By | August 28th, 2018|Advanced Economies, Europe, inflation, labor markets, unemployment|
Load More Posts