Thursday , July 29 2021
Home / Tag Archives: economic recovery

Tag Archives: economic recovery

A Proposal to End the COVID-19 Pandemic

By Kristalina Georgieva, Gita Gopinath, and Ruchir Agarwal Български, Español, Русский Many countries have stepped up in the global fight against the pandemic, as have institutions such as the World Health Organization, the World Bank, Gavi (the Global Alliance for Vaccines and Immunization), the African Union, and others. Yet, more than a year into the COVID-19 crisis, new cases worldwide are higher than ever. Urgent action is needed to arrest the rising human toll and economic strain....

Read More »

A COVID-19 Recovery Contribution

By Vitor Gaspar, Michael Keen, Alexander Klemm, and Paolo Mauro The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment benefits, and other fiscal measures. But more investment in health care, education, and other basic public services will still be needed, and this will come at a cost. With rising inequality and mounting public debt, countries will have to...

Read More »

Will Capital Flows through Global Banks Support Economic Recovery?

Claudia M. Buch, Matthieu Bussière, and Linda S. Goldberg While policymakers around the world have aggressively and swiftly reacted to the common negative economic shock from COVID-19, the timing and forms of policy responses in the economic recovery stage may be more geographically differentiated. The range in policy responses, along with variations in the financial health of banks, likely will affect the flow of international credit through global banks. In this post, we ask whether, based...

Read More »

A Bridge to Economic Recovery: Be Aware of Financial Stability Risks

By Tobias Adrian عربي, 中文, Español, Français, 日本語, Português, Русский  Despite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery. Extraordinary policy measures have stabilized markets, boosted...

Read More »

COVID’s Impact in Real Time: Finding Balance Amid the Crisis

By Francesco Grigoli and Damiano Sandri عربي, 中文, Español, Français, 日本語, Português, Русский  One enduring lesson from the COVID-19 pandemic is that any lasting economic recovery will depend on resolving the health crisis. Our research in the latest World Economic Outlook shows that government lockdowns—while succeeding in their intended goal of lowering infections—contributed considerably to the recession and had disproportional effects on vulnerable groups, such as women and young people....

Read More »

Chart of the WeekTracking Trade During the COVID-19 Pandemic

By Diego Cerdeiro, Andras Komaromi, Yang Liu, and Mamoon Saeed With the current fast-changing developments, policy makers need to know what is happening to the economy in real time, but they often must settle for data telling them what happened many weeks ago. And international trade, which links countries through a complex web of supply chains, is an area where timely information is especially valuable from a global perspective. Most trade takes place by sea, and—for navigational safety...

Read More »

Fiscal Policies for the Recovery from COVID-19

Vitor Gaspar, W. Raphael Lam, and Mehdi Raissi عربي, 中文, Español, Français, 日本語, Português, Русский Fiscal policies have provided large emergency lifelines to people and firms during the COVID-19 pandemic. They are also invaluable to increase a country’s readiness to respond to a crisis and to help with the recovery and beyond. When the Great Lockdown finally ends, a strong economic recovery that benefits everyone will depend on improved social safety nets and broad-based fiscal support. This...

Read More »

Tentative Stabilization, Sluggish Recovery?

By Gita Gopinath عربي, 中文, Español, Français, 日本語, Русский In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth. Since then, some risks have partially receded with the announcement of a US-China Phase I trade deal and lower likelihood of a no-deal Brexit. Monetary policy has continued to support growth and buoyant financial conditions. With these developments, there are now...

Read More »

Top 10 Blogs of 2018

By IMFBlog December 28, 2018 New Year’s eve fireworks in London, England: read our top ten blogs of 2018 (photo: Ben Cawthra/Newscom) In 2018, the blogs that caught our readers’ collective eye were about the enduring forces molding the global economy: Brexit, crypto assets, debt, and housing prices, to name a few.  As 2018 draws to a close, here is our list of the top ten blogs of the year based on readership.  With 2019 promising to be anything but dull, all the editors at IMFBlog...

Read More »

The Economic Scars of Crises and Recessions

By Valerie Cerra and Sweta C. Saxena March 21, 2018 New study finds that all types of recessions lead to permanent losses in output and welfare (photo: Peshkov/iStock by GettyImages). Economic recessions are typically described as short-term periods of negative economic growth. According to the traditional business cycle view, output moves up and down around its long-term upward trend and after a recession, it recovers to its pre-recession trend. Our new study casts doubt on this...

Read More »