IMFBlog2021-05-13T12:50:14-04:00March 12, 2021|
By Tobias Adrian, Thor Jonasson, Ayhan Kose, and Anderson Silva
عربي, 中文, Español, 日本語, Русский
Paychecks for teachers, new hospital equipment, social assistance programs, and other public expenditures. All depend to large extent on governments’ ability to fund them. […]
IMFBlog2020-07-21T09:46:51-04:00July 20, 2020|
By Gustavo Adler, Gita Gopinath and Carolina Osorio Buitron
Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. […]
IMFBlog2019-03-25T15:03:18-04:00June 2, 2017|
By IMFBlog
June 2, 2017
The IMF’s Special Drawing Right, or SDR, was created more than 50 years ago and used only by IMF member countries to supplement their official reserves. The SDR’s value is based on a basket of five major currencies—the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound. In this podcast, Mohamed El-Erian, Chief Economic Advisor at the financial services firm Allianz, and a former deputy director at the IMF, says an expanded use of the SDR in global markets could help […]
IMFBlog2019-03-25T15:06:55-04:00June 1, 2017|
By IMFBlog
June 1, 2017
Traders on the floor of the New York Stock Exchange (photo: Andrew Kelly/Reuters/Newscom)
On the afternoon of May 6, 2010, a financial tsunami hit Wall Street. Stunned traders watched as graphs on their computer screens traced the vertiginous 998-point plunge in the Dow Jones Industrial Average, which erased $1 trillion in market value in 36 minutes.
There was little in the way of fundamental […]
IMFBlog2017-04-15T14:13:50-04:00January 17, 2012|
