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 […]

Trade and Remittances Within Africa

2019-03-13T15:29:35-04:00August 1, 2018|

By Francisco Arizala, Matthieu Bellon, Margaux MacDonald, Montfort Mlachila, and Mustafa Y. Yenice

August 1, 2018 

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Countries in sub-Saharan Africa are more closely tied than ever, thanks to rising trade with one another and remittances (photo: AfricaImages/Getty Images by iStock)

Contrary to popular belief, countries in sub-Saharan Africa are more closely tied than ever, thanks to rising trade with one another […]

Economic Preparedness: The Need for Fiscal Space

2019-03-14T10:06:20-04:00June 27, 2018|

By Vikram Haksar, Marialuz Moreno-Badia, Catherine Pattillo and Murtaza Syed

June 27, 2018

Versions in عربي中文Baˈhasa indoneˈsia,  日本語Português

Countries must assess the amount of room in their budgets for increasing spending or cutting taxes (photo: Martin Barraud/iStock by Getty Images)

How much leeway national policymakers have for increasing spending or cutting taxes has been hard to assess. […]

Global Economy: Good News for Now but Trade Tensions a Threat

2019-03-14T12:25:32-04:00April 17, 2018|

By Maurice Obstfeld

April 17, 2018

Versions in عربي (Arabic),  baˈhasa indoneˈsia (Indonesian), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Português (Portuguese), Русский (Russian)

Container ship in Colombo, Sri Lanka: the recent escalating tensions over trade present a growing risk to the global economy (photo: STRINGER/REUTERS/Newscom).

The world economy continues to show broad-based momentum. Against that positive backdrop, the prospect of a similarly broad-based conflict over trade presents a jarring picture.

Three months ago, we […]

Wanted: Policies to Encourage and Enable Work in Advanced Economies

2019-03-14T12:57:05-04:00April 9, 2018|

By Francesco Grigoli, Zsóka Kóczán, and Petia Topalova

April 9, 2018 

Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese),  Português (Portuguese), Русский (Russian)

Aging may slow economic growth in advanced economies (photo: Zero Creatives Cultura/Newscom).

Population growth in advanced economies is slowing, life expectancy is rising, and the number of elderly people is soaring. Because older workers participate less in the labor market, the aging of the population could slow growth […]

Global Economic Upswing Creates a Window of Opportunity

2019-03-15T14:39:30-04:00October 10, 2017|

By Maurice Obstfeld

October 10, 2017

Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Русский (Russian), and Español (Spanish)

 

The global recovery is continuing, and at a faster pace. The picture is very different from early last year, when the world economy faced faltering growth and financial market turbulence. We see an accelerating cyclical upswing boosting Europe, China, Japan, and the United States, as well as emerging […]

Structural Reforms Give Biggest Help To Lagging Countries

2019-03-15T15:56:53-04:00September 22, 2017|

By Angana Banerji and Christian Ebeke

September 22, 2017

Structural reforms can jumpstart productivity in countries with weaker initial productivity, and help them catch up with their peers (photo: The Palmer/iStock).

Labor and product market reforms, which make economies more efficient, can benefit all countries. But they are especially helpful in jumpstarting productivity in countries where productivity is weaker. This is good news as it implies that reforms […]

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