COVID-19 Pandemic and the Middle East and Central Asia: Region Facing Dual Shock

2020-05-13T11:31:00-04:00March 23, 2020|

This blog is part of a series providing regional analysis on the effects of the coronavirus.

By Jihad Azour

عربي, Español, Français, Português, Русский

The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case of COVID-19 and some facing a major outbreak, the coronavirus pandemic has become the largest near-term challenge to the region. […]

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. […]

Chart of the Week: Sub-Saharan Africa’s Growth—A Tale of Different Experiences

2019-03-13T10:53:11-04:00December 13, 2018|

By IMFBlog

December 13, 2018

Villagers of Moruleng mining community in South Africa; Sub-Saharan Africa countries can see an increase in growth by relying less on commodities and more on non-resource intensive investments. (Photo: SIPHIWE SIBEKI/Reuters/Newscom)

The story of Africa’s growth rate over recent years is a tale with several story lines.  […]

The Global Expansion: Still Strong but Less Even, More Fragile, Under Threat

2019-03-14T09:28:49-04:00July 16, 2018|

By Maurice Obstfeld

July 16, 2018

Versions in عربيBaˈhasa indoneˈsia中文EspañolFrançais日本語PortuguêsРусский 

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. […]

How the Commodity Boom Helped Tackle Poverty and Inequality in Latin America

2019-03-14T10:21:04-04:00June 21, 2018|

By Ravi Balakrishnan and Frederik Toscani

June 21, 2018 

Versions in Español, Português

People buying produce in a busy market in Bahia, Brazil. During the commodity boom, Brazil saw significant reductions in poverty and inequality (photo: golero/iStock by Getty Images)

Latin America may be the most unequal region in the world, but it is the only region to significantly lower inequality over the past two decades, […]

Beware of Strike-it-Rich Euphoria: the Curse of Potential Oil Wealth

2019-03-15T09:41:05-04:00March 9, 2018|

By IMFBlog

March 9, 2018

(photo: Nielubieklonu/iStock).

The resource curse, or paradox of plenty, is when countries with an abundance of natural resources suffer stagnant economic growth or even contraction.

In this podcast, World Bank economist James Cust, says the problem of eradicating extreme poverty is going to be about how resource-rich countries manage their resource wealth. […]

Top Ten Blogs of 2017

2019-03-15T12:43:01-04:00December 28, 2017|

By IMFBlog

December 28, 2017

Read the top ten blogs of 2017 (photo: Times Square- New York-Pacific Press/SipaUSA/Newscom)

We have all had quite the year. Our readers’ interests in 2017 focused on topics that affect how people live their lives: why wages are low, rising income and wealth inequality, household debt, climate change, and the scourge of corruption, to name a few.

As we wrap up the highs and lows […]

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