IMFBlog2019-05-20T14:00:39-04:00May 20, 2019|
By Petya Koeva Brooks, Martin Mühleisen, and Chad Steinberg
The IMF’s Review of Program Design and Conditionality provides a deep look into the design of 133 IMF-supported lending programs in operation between September 2011 and December 2017. […]
IMFBlog2020-03-23T10:06:04-04:00January 31, 2018|
By IMF Blog
January 31, 2018
Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Español (Spanish), Русский (Russian)
Financial sector assessments are showing that countries and financial systems are adapting better methods to monitor financial vulnerabilities (photo: Ingram Publishing/Newscom).
The IMF in 2018 will complete ten assessments of countries’ financial systems, to identify risks and propose policies to strengthen their financial stability. Three of this year’s reviews will […]
IMFBlog2019-03-27T15:38:46-04:00July 9, 2015|
(Versions in Deutsch, Español, Français, Italiano, ελληνικά, Русский, 中文, 日本語, عربي, and Português)
All eyes are on Greece, as the parties involved continue to strive for a lasting deal, spurring vigorous debate and some sharp criticisms, including of the IMF.
In this context, I thought some reflections on the main critiques could help clarify some key points of contention as well as shine a light on a possible way forward.
The main critiques, as I see them, fall under the following four categories:
IMFBlog2019-03-27T16:02:04-04:00June 14, 2015|
(Versions in 中文, Français, ελληνικά, عربي, and Español)
The status of negotiations between Greece and its official creditors – the European Commission, the ECB and the IMF – dominated headlines last week. At the core of the negotiations is a simple question: How much of an adjustment has to be made by Greece, how much has to be made by its official creditors?
In the program agreed in 2012 by Greece with its European partners, the answer was: Greece was to generate enough of a […]
IMFBlog2017-04-14T01:58:45-04:00July 17, 2014|
Fiscal policy makers have faced an extraordinarily challenging environment over the last few years. At the outset of the global financial crisis, the IMF for the first time advocated a fiscal expansion across all countries able to afford it, a seeming departure from the long-held consensus among economists that monetary policy rather than fiscal policy was the appropriate response to fluctuations in economic activity. Since then, the IMF has emphasized that the speed of fiscal adjustment should be determined by the specific circumstances in each country. Its recommendation that in general deficit reduction proceed steadily, but gradually, positions the IMF […]
IMFBlog2017-04-14T02:10:14-04:00February 19, 2014|
By Subir Lall
(Version in Português)
Today the IMF released a report on Portugal’s progress under the country’s Economic Adjustment Program. What is the latest assessment?
A strong start
There is no doubt that Portugal has made remarkable progress over the past three years. When the sovereign lost access to international bond markets in 2011, the outlook was grim. The economy was facing large […]
IMFBlog2017-04-14T02:15:40-04:00October 15, 2013|
By Michael Keen
(Version in Español)
Benjamin Franklin famously said these are the only things that we can be sure will happen to us. Certainly taxation has been much to the fore of public debate in the last few years. The latest Fiscal Monitor takes a close look at where tax systems now stand, and where they might, and should be headed. Can we tax better, could we—if we wanted to—raise more revenue, […]
IMFBlog2017-04-15T14:04:48-04:00July 18, 2012|
IMFBlog2017-04-15T14:13:28-04:00January 29, 2012|
IMFBlog2017-04-15T14:16:32-04:00October 26, 2011|
By 