Singapore – IMF Blog

A Global Crisis Like No Other Needs a Global Response Like No Other

IMFBlog2020-04-27T10:59:36-04:00April 20, 2020|

By Kristalina Georgieva

عربي, 中文, Español, Français, 日本語, Português, Русский

I have been saying for a while that this is a “crisis like no other.” It is:

More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop;
More uncertain, as we are learning only gradually how to treat the novel virus, make containment most effective, and restart our economies; and
Truly global. Pandemics don’t respect borders, neither do the economic shocks they cause.

[…]

All the Way to the Top: Industrial Policy, Innovation, and Sustained Growth

IMFBlog2019-11-13T08:30:17-05:00November 13, 2019|

By Reda Cherif and Fuad Hasanov

The odds of poor or middle-income countries achieving the stardom of the “Asian Miracles” within a generation or two, or even three, are small. Between 1960 and 2014, only 16 developing economies worldwide were able to vault into high-income status, and many of those were fortunate enough to have discovered oil or join the European Union. […]

Rebalancing the Global Economy: Some Progress but Challenges Ahead

IMFBlog2019-07-18T09:25:47-04:00July 17, 2019|

By Gita Gopinath

Español, 中文, 日本語, Português

Following the global financial crisis, overall current account surpluses and deficits fell sharply from about 6 percent of global GDP in 2007 to about 3.5 percent in 2013. […]

Countries in the IMF Financial Spotlight in 2019

IMFBlog2020-03-23T10:02:58-04:00January 16, 2019|

By IMFBlog

Español, Português

In 2019, the IMF will complete 14 assessments under the Financial Sector Assessment Program (FSAP). Eight of this year’s assessments are mandatory: Australia, Austria, Canada, France, Italy, Poland, Singapore, and Switzerland. The other six are voluntary: Algeria, Bahamas, Kuwait, FYR Macedonia, Malta, and Thailand. […]

The Digital Accelerator: Revving Up Government in Asia

IMFBlog2019-03-13T13:58:38-04:00September 26, 2018|

By Vitor Gaspar and Chang Yong Rhee

September 26, 2018

عربي , 中文, Español, 日本語, Português, Русский,

A driver from the Malaysian ride-hailing tech startup, Grab, picks up a passenger in Jakarta, Indonesia: digitalization is transforming Asia’s businesses and governments (photo: Afif C. Kasuma/iStock by Getty Images)

Asia’s digital revolution shows no signs of slowing down. From e-commerce giants like China’s Alibaba […]

Chart of the Week: The Digital Divide in Asia

IMFBlog2019-03-13T14:03:53-04:00September 25, 2018|

By IMFBlog

September 25, 2018

Young people on their phones in Phnom Pehn, Cambodia: about 70 percent of the country does not have internet access and can’t participate in the digital economy (Samrang Pring/Reuters/Newscom)

The countries of Southeast Asia are young—more than half of its 643 million people are under 30— and together they live in an economy of $2.8 trillion. […]

Asia Needs More Access to Financial Services to Grow

IMFBlog2019-03-13T14:26:34-04:00September 18, 2018|

By Sarwat Jahan, Elena Loukoianova, Cormac Sullivan and Yongzheng Yang

September 18, 2018

中文, 日本語

A customer pays at a supermarket using her smartphone in Bangkok, Thailand: urban and rural areas in the region widely use mobile payment platforms to access financial services (photo: Li Mangmang Xinhua News Agency/Newscom)

In Asia, the world’s fastest-growing region, expanding access to financial services for more people will mean higher growth, […]