Oil Low-Commotion

2019-03-27T12:38:46-04:00January 14, 2016|

By iMFdirect

Brent crude oil fell below $30 a barrel yesterday for the first time since 2004, which reminds us that commodity prices are a hot topic that impact everyone, everywhere, one way or another.

So we thought you might like to read a few of our recent blogs about what the !@#$% is going on, and why it matters for the global economy. […]

The Top Ten Blogs of 2015

2019-03-27T13:00:54-04:00December 30, 2015|

by iMFdirect

2015 was a bold year for blogs at the IMF.  Boldness grows less common in the higher ranks, according to Prussian general and military theorist Carl von Clausewitz, but he couldn’t be more wrong when it comes to these blogs: the list includes work by the IMF’s former chief economist Olivier Blanchard and Vitor Gaspar, head of the Fiscal Affairs Department.

[…]

Metals and Oil: A Tale of Two Commodities

2019-03-27T15:13:25-04:00September 14, 2015|

By Rabah Arezki and Akito Matsumoto

(Version in Español)

“It was the best of times, it was the worst of times.” With these words Charles Dickens opens his novel “A Tale of Two Cities”. Winners and losers in a “tale of two commodities” may one day look back with similar reflections, as prices of metals and oil have seen some seismic shifts in recent weeks, months and years.

This blog seeks to explain how demand — but also supply and financial market conditions — are affecting metals prices. We will show some contrast with oil, where supply […]

Europe’s Russian Connections

2017-04-14T01:58:04-04:00August 1, 2014|

By Aasim M. Husain, Anna Ilyina and Li Zeng

(Version in Русский)

The conflict in Ukraine and the related imposition of sanctions against Russia signal an escalation of geopolitical tensions that is already being felt in the Russian financial markets (Chart 1). A deterioration in the conflict, with or even without a further escalation of sanctions and counter-sanctions, could have a substantial adverse impact on the Russian economy through direct and indirect (confidence) channels.

Chart 1

CESEE-Blog_7-30-14_final.001[…]

Hi-Fis and Low Gears: Manufacturing’s Bounce in the U.S.

2017-04-14T02:16:23-04:00September 9, 2013|

Tim MahedyBy Tim Mahedy

(Version in Español)

It’s no secret that the manufacturing sector in the United States has been in decline for the past three decades. But a strong rebound in durable goods, such as cars and electronics, has helped revive the manufacturing sector and has supported the post-recession recovery.

As of early 2013, manufacturing output was only 4 percentage points below its pre-recession peak. Comparing across countries, the United States has performed more strongly than most of its G-7 counterparts, with the exception of Germany. Yet, the […]

Escaping the Resource Curse

2017-04-15T14:08:00-04:00May 16, 2012|

In our study, we analyze how fiscal frameworks for resource-rich countries be made more flexible in practice from a practitioner’s perspective, proposing specific options to effectively anchor fiscal policy while allowing for a sustainable scaling up of spending in the context of increased resource revenue.
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