Response to High Food, Energy Prices Should Focus on Most Vulnerable
Countries should allow international prices to pass through to domestic prices while protecting households that are most in need.
Middle East and North Africa’s Commodity Importers Hit by Higher Prices
Higher commodity prices, propelled upwards by war in Ukraine, will have a significant economic impact on the region.
Why We Must Resist Geoeconomic Fragmentation—And How
Only international cooperation can address urgent global issues such as fixing shortages of food and other products, eliminating barriers to growth, and saving our climate.
Healing the Pandemic’s Economic Scars Demands Prompt Action
Challenges facing emerging market workers and students everywhere could turn to long-term damage.
Chart of the WeekInflation to be Elevated for Longer on War, Demand, Job Markets
The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures.
Latin America Faces Unusually High Risks
The war in Ukraine and tighter financial conditions are among risks that cloud growth prospects for the region.
War in Ukraine is Serious Setback to Europe’s Economic Recovery
Ukraine and Russia face the sharpest economic contractions, but other countries could also fall into recession this year.
Governments Need Agile Fiscal Policies as Food and Fuel Prices Spike
Spending imperatives from pandemic and war meet high debt and tight budget constraints.
War Dims Global Economic Outlook as Inflation Accelerates
The effects of the war will propagate far and wide, adding to price pressures and exacerbating significant policy challenges.
Chart of the Week: Conflict’s Legacy for Growth
By IMFBlog
Versions in عربي (Arabic)
May 8, 2017
Conflict has been on the rise since the early 2000s given the wars in Afghanistan, Iraq, and Syria.
Conflict leads not only to immeasurable human costs, but also to substantial economic losses with consequences that can persist for years. The tragic rise in conflict has weighed on global GDP growth in recent years, given the increasing number of countries experiencing strife, the severe effect on economic activity, and the considerable size of some of the affected economies.
The IMF’s most recent World Economic Outlook (Box 1.1) takes a closer look through the lens of conflict’s impact on economic growth and migration. […]