A Deeper Look at Forces Fragmenting Our World—and How to Respond
The rare confluence of geopolitical, economic, and technological forces now confronting the world may reverberate for generations.
Why We Must Resist Geoeconomic Fragmentation—And How
Only international cooperation can address urgent global issues such as fixing shortages of food and other products, eliminating barriers to growth, and saving our climate.
Why the IMF is Updating its View on Capital Flows
In some circumstances, countries should have the option of pre-emptively curbing debt inflows to safeguard macroeconomic and financial stability.
Chart of the Week Special Purpose Entities Shed Light on the Drivers of Foreign Direct Investment
Conventional wisdom on capital flows holds that foreign direct investment is for the long-term, while securities and other flows may be more volatile.
A New Trust to Help Countries Build Resilience and Sustainability
A proposed $50-billion trust fund could help low-income and vulnerable middle-income countries build resilience to balance of payments shocks and ensure a sustainable recovery.
How the IMF Continues to Change To Confront Global Challenges
From COVID-19 to climate change, economies are facing new challenges.
Addressing Inflation Pressures Amid an Enduring Pandemic
With inflationary pressures intensifying and Omicron generating new uncertainties, monetary policymakers are facing new and challenging tradeoffs.
The Economics of Health and Well-Being
Just as good health—mental and physical—is fundamental to individual well-being, public health is fundamental to stable, cohesive societies.
The G20 Common Framework for Debt Treatments Must Be Stepped Up
With the debt service suspension initiative expiring and interest rates poised to rise, low-income countries will find it increasingly difficult to service their debts.
Sovereign Domestic Debt Restructuring: Handle with Care
Restructuring domestic debt is like surgery: You only do it if you must, and you avoid it if it might do more harm than good.