IMFBlog2020-02-06T08:30:13-05:00February 6, 2020|
By Etibar Jafarov, Rodolfo Maino, and Marco Pani
With the surge in public debt in the wake of the global financial crisis, financial repression—administrative restrictions on interest rates, credit allocation, capital movements, and other financial operations—has come back on the agenda. […]
IMFBlog2019-03-14T10:13:20-04:00June 26, 2018|
By Divya Kirti
June 26, 2018
Versions in Español, Português
A credit boom can be fueled by excessive optimism among investors (photo: Nick White/Newscom)
We’ve all heard about good cholesterol and bad cholesterol. Too much of the good stuff probably won’t do you any harm. Too much of the bad stuff can lead to a heart attack. […]
IMFBlog2019-03-14T16:17:51-04:00December 12, 2017|
By Sophia Chen and Lev Ratnovski
December 13, 2017
Version in 中文 (Chinese), Español (Spanish), 日本語 (Japanese)
Construction work Qingyuan , Guangdong, China : Fiscal stimulus is a powerful tool for growth (photo: Imagine China/Newscom).
Credit booms are addictive. Credit supports growth and the perception of wealth. Yet credit booms are risky, and are often followed by financial busts and economic slowdowns. The challenge is taming credit without hurting growth. […]
