The IMF 30 Years After Brady

2019-04-29T11:04:47-04:00April 11, 2019|

By Rhoda Weeks-Brown and Martin Mühleisen

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Last month marked the 30th anniversary of the announcement of the “Brady plan”. In response to the 1980s Latin American debt crisis, this plan, named after then US Treasury Secretary Nicholas Brady, allowed countries to exchange their commercial bank loans for bonds backed by US Treasuries, bringing an end to a tumultuous period with possible systemic consequences for the global banking system at the time. (more…)

Chart of the Week: Mexico’s Spike in Crime Hurts the Economy

2019-03-13T10:48:43-04:00December 18, 2018|

By Christian Saborowski

December 18, 2018

Español, Português

A woman sells street food at a market stall in Mexico City, Mexico: the country’s spike in crime is hurting small businesses’ profitability (photo: Jonah_Photos/iStock)

The human and economic costs of crime in Mexico have risen to historic highs. 2017 was Mexico’s most violent year on record with over 25,000 homicides—a 50 percent jump since 2015. (more…)

Chart of the Week: Grading the G-20 on its Growth Goals

2019-03-13T11:50:42-04:00November 19, 2018|

By Helge Berger and Margaux MacDonald

November 19, 2018 

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Growth is stronger in the G-20 but progress toward more balanced, sustainable, and inclusive growth is slow (photo: Egon Bömsch imageBROKER/Newscom)

This blog is dedicated to the memory of Giang Ho, an IMF economist who died suddenly this past August. Her efforts and ingenuity were critical to carrying out this analytical work. We miss her and will never forget her. 
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Global Growth Plateaus as Economic Risks Materialize

2019-03-13T13:33:15-04:00October 8, 2018|

By Maurice Obstfeld

October 9, 2018

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Uncertainty over trade policy is becoming a drag on economic activity (photo: Imagine China/Newscom)

The latest World Economic Outlook report projects that global growth will remain steady over 2018–19 at last year’s rate of 3.7 percent. This growth exceeds that achieved in any of the years between 2012 and 2016. It occurs as many economies have reached or are nearing full employment and as earlier deflationary fears have dissipated. Thus, policymakers still have an excellent opportunity to build resilience and implement growth-enhancing reforms.

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