IMFBlog2020-05-20T09:00:06-04:00May 20, 2020|
By Bryn Battersby, W. Raphael Lam, and Elif Ture
Governments have put forward swift and significant emergency lifelines to protect people in response to the pandemic. […]
IMFBlog2020-05-18T17:27:30-04:00May 18, 2020|
By John Bluedorn and Wenjie Chen
عربي, 中文, Español, Français, 日本語, Português, Русский
The world is in the grip of the COVID-19 pandemic and the ensuing Great Lockdown has pushed many countries into deep recessions—worse than during the 2008–09 global financial crisis. […]
IMFBlog2020-05-14T09:00:07-04:00May 14, 2020|
By Diego Cerdeiro, Andras Komaromi, Yang Liu, and Mamoon Saeed
With the current fast-changing developments, policy makers need to know what is happening to the economy in real time, but they often must settle for data telling them what happened many weeks ago. […]
IMFBlog2020-05-27T19:37:24-04:00May 12, 2020|
By Changyong Rhee and Poul M. Thomsen
عربي, 中文, Español, Français, 日本語, Português, Русский
Several countries in Asia and Europe, where the COVID-19 outbreak appears to have peaked, are gradually reopening their economies. Without a vaccine or effective treatment, policymakers will be balancing the benefits of resuming economic activity against the potential cost of another increase in infection rates. […]
IMFBlog2020-05-07T09:38:49-04:00May 6, 2020|
Vitor Gaspar, W. Raphael Lam, and Mehdi Raissi
عربي, 中文, Español, Français, 日本語, Português, Русский
Fiscal policies have provided large emergency lifelines to people and firms during the COVID-19 pandemic. They are also invaluable to increase a country’s readiness to respond to a crisis and to help with the recovery and beyond. […]
IMFBlog2020-05-08T14:22:06-04:00April 30, 2020|
By Era Dabla-Norris and Changyong Rhee
عربي, 中文, Español, Français,日本語, Português, Русский
Full or partial lockdowns to curb the spread of COVID-19 are having crippling effects on businesses and workers across Asia, as elsewhere. Among the most vulnerable of the workers are the ones working in part-time and temporary jobs without social insurance, and in sectors of the economy that are neither taxed, nor regulated by any form of government.
IMFBlog2020-04-30T08:08:26-04:00April 29, 2020|
By Krishna Srinivasan, Sònia Muñoz, and Varapat Chensavasdijai
As the COVID-19 pandemic continues to spread across the globe—bringing severe human and economic costs—the Caribbean is no exception. With over 1,000 confirmed cases, many countries have taken strong containment measures, such as border closures and lockdowns, to “flatten the curve.” […]
IMFBlog2020-04-29T08:30:24-04:00April 23, 2020|
By Kenneth Kang and Changyong Rhee
عربي, 中文, Français, 日本語, Русский
Asia was hit hard by the first wave of the coronavirus, as the sudden stop in activity struck households and firms simultaneously—first in China, then elsewhere in Asia, and now globally. Policymakers responded swiftly with aggressive spending to support the medical response and vulnerable households and firms. And central banks took swift actions to expand liquidity.
IMFBlog2020-04-23T16:39:25-04:00April 22, 2020|
عربي, 中文, Español, Français, 日本語, Português, Русский
Challenging times for emerging markets
The COVID-19 pandemic has severely disrupted the global economy at every level. Across the world, financial conditions have tightened dramatically, with unprecedented portfolio outflows from emerging markets in terms of both size (a record of about $100 billion) and speed, and markets effectively frozen in some cases. […]
IMFBlog2020-04-27T10:59:36-04:00April 20, 2020|
عربي, 中文, Español, Français, 日本語, Português, Русский
I have been saying for a while that this is a “crisis like no other.” It is:
More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop;
More uncertain, as we are learning only gradually how to treat the novel virus, make containment most effective, and restart our economies; and
Truly global. Pandemics don’t respect borders, neither do the economic shocks they cause.
