IMFBlog2020-10-19T11:44:24-04:00October 19, 2020|
By Jihad Azour and Joyce Wong
Countries in the Middle East and Central Asia face with COVID-19 a public health emergency unlike any seen in our lifetime, along with an unprecedented economic downturn. […]
IMFBlog2019-03-13T16:18:09-04:00July 23, 2018|
July 23, 2018
Versions in Español, Português
Street vendors in Rio de Janeiro, Brazil: While growth is accelerating in some parts of Latin America, the recovery has become tougher for some of the largest economies (photo: Oliver Wintzen/Robert Harding/Newscom)
Economic activity in Latin America continues to recover. Following the pickup in domestic demand led by consumption in 2017, investment is finally gathering strength. […]
IMFBlog2019-03-13T16:33:37-04:00July 18, 2018|
IMFBlog2019-03-14T09:28:49-04:00July 16, 2018|
July 16, 2018
Versions in عربي, Baˈhasa indoneˈsia, 中文, Español, Français, 日本語, Português, Русский
The escalation of trade tensions is the greatest near-term threat to global growth (photo: wildpixel/Getty Images by iStock)
Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced. […]
IMFBlog2019-03-15T13:24:03-04:00November 27, 2017|
By IMFBlog
November 27, 2017
Versions in 中文(Chinese); Español (Spanish), Français (French), 日本語 (Japanese)
Universal fuel and energy subsidies have been prevalent in sub-Saharan Africa, but they have substantial drawbacks (photo: Reuters/Newscom).
Reforms in some mostly oil-exporting countries, along with lower international fuel prices since 2014, have reduced the size of fuel subsidies in sub-Saharan Africa, and they need to do more given the recent rise in international fuel […]
IMFBlog2019-03-25T11:03:24-04:00August 1, 2017|
August 1, 2017
Version in Français (French), Português (Portuguese), and Español (Spanish);
Woman with a machete in Bafut, Cameroon: Six countries in Central Africa have a strategy to turn their economies around, with help from the IMF (photo: Heiner Heine/imageBroker/Newscom)
Six countries in central Africa have been hit hard by the collapse in commodity prices. Oil prices dropped, economic growth stalled, public debt rose, […]
IMFBlog2019-03-26T10:06:22-04:00March 15, 2017|
By Rabah Arezki and Akito Matsumoto
Versions in عربي (Arabic), Français (French), Русский (Russian), and Español (Spanish)
In November 2014, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain output despite a perceived global glut of oil. The result was a steep decline in price.
Two years later, on November 30, 2016, the organization took a different tack and committed to a six-month, 1.2 million barrel a day (3.5 percent) reduction in OPEC crude oil output to 32.5 million barrels per day, effective in January 2017. The result was a small price increase and some price stability. […]
IMFBlog2019-03-26T15:15:12-04:00October 27, 2016|
By Rabah Arezki and Akito Matsumoto
Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Русский (Russian), and Español (Spanish)
While oil prices have stabilized somewhat in recent months, there are good reasons to believe they won’t return to the high levels that preceded their historic collapse two years ago. For one thing, shale oil production has permanently added to supply at lower prices. For another, demand will be curtailed by slower growth in emerging markets and global efforts to cut down on carbon emissions. It all adds up to a “new normal” for oil.
IMFBlog2019-03-27T08:59:57-04:00June 8, 2016|
By Martin Sommer, Juan Treviño, and Neil Hickey
Version in عربي (Arabic)
The significant and prolonged drop in oil prices since mid-2014 has changed the fortunes of many energy-exporting nations around the world. This applies particularly to countries of the Middle East and Central Asia, because these regions are home to 11 of the world’s top 20 energy exporters.
IMFBlog2019-03-27T10:52:25-04:00March 24, 2016|
By Maurice Obstfeld, Gian Maria Milesi-Ferretti, and Rabah Arezki
Versions in عربي (Arabic), 中文 (Chinese), Français (French),
日本語 (Japanese), Русский (Russian), Español (Spanish)
Oil prices have been persistently low for well over a year and a half now, but as the April 2016 World Economic Outlook will document, the widely anticipated “shot in the arm” for the global economy has yet to materialize. We argue that, paradoxically, global benefits from low prices will likely appear only after prices have recovered somewhat, and advanced economies have made more progress surmounting the current low interest rate environment.
