Divergent Recoveries in Asia: History is not Destiny

2021-05-13T12:50:16-04:00February 23, 2021|

by Davide Furceri, Jonathan D. Ostry, and Anthony C.K. Tan

 中文,  日本語

Asian economies are performing better than expected. In the IMF’s latest World Economic Outlook Update, we upgraded our growth estimate for 2020 by 0.7 percentage point from our previous forecast in October, to a contraction of 1.5 percent—in regional terms, a better outcome than other parts of the world. […]

How COVID-19 Will Increase Inequality in Emerging Markets and Developing Economies

2020-10-30T15:49:14-04:00October 29, 2020|

By Gabriela Cugat and Futoshi Narita

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

Emerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains in poverty reduction and life expectancy. The crisis now puts much of that progress at risk while further widening the gap between rich and poor.

Despite the pre-pandemic gains in poverty reduction and lifespans, many of these countries have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., those not […]

A Long, Uneven and Uncertain Ascent

2020-11-16T10:48:03-05:00October 13, 2020|

By Gita Gopinath

عربي, 中文EspañolFrançais, 日本語, Português, Русский 

The COVID-19 pandemic continues to spread with over 1 million lives tragically lost so far. Living with the novel coronavirus has been a challenge like no other, but the world is adapting. As a result of eased lockdowns and the rapid deployment of policy support at an unprecedented scale by central banks and governments around the world, the global economy is coming back from the depths of its collapse in the first half of this year. Employment has partially rebounded after having plummeted during […]

Finding the Right Policy Mix to Safeguard our Climate

2020-10-07T13:05:48-04:00October 7, 2020|

By IMF Staff

عربي, 中文, EspañolFrançais, 日本語Português, Русский 

Unaddressed, climate change will entail a potentially catastrophic human and economic toll, but it’s not too late to change course.

Global temperatures have increased by about 1°C since the pre-industrial era because of heat-trapping green-house gases accumulating in the atmosphere. Unless strong action is taken to curb emissions of these gases, global temperatures could increase by an additional 2–5°C by the end of this century. Keeping temperatures to levels deemed safe by scientists requires bringing net carbon emissions to zero on net globally by mid-century.

[…]

COVID-19 Response in Emerging Market Economies: Conventional Policies and Beyond

2020-08-14T10:32:05-04:00August 6, 2020|

By Martin Mühleisen, Tryggvi Gudmundsson, and Hélène Poirson Ward

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

The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. […]

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