Financial Market Turbulence

Tailwinds or Headwinds? Adjusting the Economic Sails in Latin America

As the European crisis lingers and advanced economies stall, the next six to eighteen months will be challenging for Latin America. Increased global uncertainties may create headwinds for the region—greater stress in the global economy and markets—tailwinds, if the advanced countries’ problems are tackled and economies spring back to life, or volatile gusts—weak growth and continued uncertainty—like we are seeing now. But it’s not easy to forecast the future of Latin America in these uncertain times, as we discuss in our just-published Regional Economic Outlook for Western Hemisphere. (Here I focus on Latin America, but our report covers the whole region, including North America, Central America, and the Caribbean.)

By IMFBlog| October 5th, 2011|Economic outlook, Economic research, International Monetary Fund, Latin America|5 Comments

Strong Leadership, Collective Action Key to Economic Recovery

The 2011 IMF-World Bank Annual Meetings are taking place in Washington DC as the global economy enters a dangerous new phase — financial markets jitters and risks to the recovery are giving everyone plenty to talk about. Here are our 'must reads' for the meetings.

By IMFBlog| September 23rd, 2011|Annual Meetings, Economic outlook, IMF, International Monetary Fund|4 Comments

Weak Global Economy Tops Agenda at IMF-World Bank Gathering

Recent turbulence in financial markets and increased risks in the global economy mean that the 2011 Annual Meetings of the IMF and World Bank are taking place at a critical time for the global economy. Economic leaders will come together to assess the state of the world economy and discuss the policy actions needed to deal with today’s global economic challenges. About 10,000 policymakers, private sector and civil society representatives, journalists, and academics are expected to attend the Annual Meetings, which are set to take place on September 23–24. In an interview, Reza Moghadam, Director of the IMF’s Strategy, Policy, and Review Department, discusses the issues that are likely to receive most attention at the meetings.

By IMFBlog| September 19th, 2011|Advanced Economies, Annual Meetings, Civil Society, Economic Crisis, Emerging Markets, Financial Crisis, IMF, International Monetary Fund, Low-income countries|4 Comments

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Tailwinds or Headwinds? Adjusting the Economic Sails in Latin America

Strong Leadership, Collective Action Key to Economic Recovery

Weak Global Economy Tops Agenda at IMF-World Bank Gathering