Structural Factors and Central Bank Credibility Limit Inflation Risks
After ending last year with unexpectedly strong vaccine success and hope that the pandemic and economic distress it caused would recede, we woke up to the reality of new virus variants and the unpredictable, winding road that it can lead the world down. […]
When History Rhymes
November 5, 2018
عربي, 中文 Español, Français, 日本語, Português, Русский
The graves of soldiers who died in World War I, near Verdun, France: on the 100th anniversary of the end of the Great War, leaders should listen closely to the echoes of history (photo: Mathieu Pattier/SIPA/Newscom)
Mark Twain once said that “History never repeats itself, but it does often rhyme.” As heads of state gather in Paris this week to mark 100 years since the end of World War I, they should listen closely to the echoes of history and avoid replaying the discordant notes of the past. […]
Back to School Blogs
By IMFBlog
September 7, 2018
عربي, Baˈhasa indoneˈsia, 中文, Español, Français,日本語, Português, Русский
Girls on their first day of school: our latest blog helps you catch up on all the news of the summer (Shadi Jarar’ah/Newscom)
As your list of things to do gets longer and the days grow shorter, you know summer is fading, just like your tan.
To help you quickly catch up on the news and policy debates of the summer—if you live in the Northern Hemisphere—our editors have put together a list of our top reads on economics and finance. […]
Steering the World Toward More Cooperation, Not Less
By Vitor Gaspar, Sean Hagan, and Maurice Obstfeld
September 6, 2018
عربي, Baˈhasa indoneˈsia, 中文,Español, Français, 日本語,Português,Русский
With the world becoming more interdependent than ever before, countries can achieve a lot when they pull together (photo: Anton Sokolov/iStock by Getty Images)
Countries cooperate if they perceive it to be in their best interests, both economically and politically. […]
Region on the Rise
August 30,2018
SREYNITH HAK, 25, MOVED to Phnom Penh eight years ago to pursue a bachelor’s degree in media management. […]
Chart of the Week: The Spread of Ideas and Innovation
By IMFBlog
July 30, 2018
Versions in عربي, Español, Français, 中文, 日本語, Português, Русский
Young woman watches robotic fish in Gangneung, South Korea: the spread of knowledge and technology across counties has intensified because of globalization (photo: Richard Ellis/UPI/Newscom).
Globalization has accelerated the spread of knowledge and technology across borders. This has helped to increase productivity and potential growth in many countries and at the global level. […]
Chart of the Week: Distribution of Globalization’s Gains
By IMFBlog
May 31, 2018
A garment factory in Ethiopia, which globalization has helped to boost its growth (photo: Kay Neitfeld/Newscom).
While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within countries. […]