Thursday , July 9 2020
Home / Tag Archives: imfblog

Tag Archives: imfblog

How Pandemics Leave the Poor Even Farther Behind

By Davide Furceri, Prakash Loungani, Jonathan D. Ostry عربي, 中文, Español, Français, 日本語, Português, Русский The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during the Great Recession of 2008-09. Behind this dire statistic is an even grimmer possibility: if past pandemics are any guide, the toll on poorer and vulnerable...

Read More »

Delivering on Africa’s Dreams

By David Lipton Across sub-Saharan Africa, a visit to a school offers both a vision of hope for the future, and a reminder of the difficulties in attaining that vision. My recent visit to Sierra Leone and Niger brought this duality into sharp focus. In Sierra Leone, classrooms at the Regent Square Municipal School showcase the government’s ambitious Free Quality Education program that aims to build on the country’s most precious resource—its children. There, eager students are attentive and...

Read More »

Top 10 Blogs of 2019

By IMFBlog عربي, 日本語, Русский In what seems like a blink of an eye, 2019 came and went. The frequency of events and developments left little time for contemplation, and, in many respects left more questions than answers. We covered some of these on IMFBlog, and we hope our analysis succeeded in providing our readers with answers. Throughout 2019, the blogs that our readers sought out tended to focus on the “what’s next?” Digital currencies, new trade paradigms, and subdued economic growth...

Read More »

Striking the Right Balance Between Sustainable Development and Sustainable Debt

By Kristalina Georgieva عربي, Español Over the past two decades, sub-Saharan Africa has made considerable economic progress: extreme poverty levels have declined by one third; life expectancy has increased by a fifth; and real per capita income has grown by about 50 percent on average. Yet, sub-Saharan Africa is still only half-way to meeting the Sustainable Development Goals. To achieve these goals, sub-Saharan Africa will need financing. One of the ways to access financing is through...

Read More »

New Data on World Debt: A Dive into Country Numbers

By Marialuz Moreno Badia and Paolo Dudine Español, Português The new update of the IMF’s Global Debt Database shows that total global debt (public plus private) reached US$188 trillion at the end of 2018, up by US$3 trillion when compared to 2017. The global average debt-to-GDP ratio (weighted by each country’s GDP) edged up to 226 percent in 2018, 1½ percentage points above the previous year. Although this was the smallest annual increase in the global debt ratio since 2004, a closer look...

Read More »

The Power of Text: How News Sentiment Influences Financial Markets

By Damien Puy عربي, 中文, 日本語 Русский How do investors react to news? This question has been at the core of the financial research agenda for several decades. Now, two forces make this question even more pressing. First, innovations in information technologies have dramatically increased the reach of financial and economic news and the speed at which it travels. Real time newswires, such as Reuters and Bloomberg, generate and disseminate information almost instantaneously to an...

Read More »

Central Bank Digital Currencies: 4 Questions and Answers

By Tobias Adrian and Tommaso Mancini-Griffoli Central Bank Digital Currencies (CBDC) is a complex and multidisciplinary topic requiring active analysis and debate. It raises questions related to monetary policy, central banking operations, and payment systems—as well as financial stability and legal foundations and regulation. Below are some of the most pressing questions and answers on the topic. What is the IMF’s role around CBDCs now and in the future? The IMF can help in three ways:...

Read More »

Top 6 Blogs on Climate Change

By IMFBlog Actions speak louder than words. The longer we wait to act on climate change, the greater the loss of life and damage to the world economy. Faced with the ongoing existential threat posed by changes to our climate, the United Nations conference known as COP25 is happening in Madrid, Spain.  Policymakers with ambition and vision can choose what to do and how to do it, right now, globally and at home. Policymakers with ambition and vision can choose what to do and how to do it,...

Read More »

Chart of the WeekGlobal Carbon Emissions Are on the Rise Again

By Christian Bogmans, Akito Matsumoto, and Andrea Pescatori After good progress in the beginning of the decade, global carbon emissions have started to pick up again. This recent trend sets the world on a dangerous path: to slow the pace of climate change, carbon emissions need to be reduced. Our chart of the week from the IMF’s latest World Economic Outlook shows that emissions have increased by 1 percent in 2017 and another 2 percent in 2018. China has been a key driver of emission growth...

Read More »

The Adaptive Age

By Kristalina Georgieva عربي, 日本語, Русский No institution or individual can stand on the sidelines in the fight against climate change When I think of the incredible challenges we must confront in the face of a changing climate, my mind focuses on young people. Eventually, they will be the ones either to enjoy the fruits or bear the burdens resulting from actions taken today. I think of my 9-year-old granddaughter. By the time she turns 20, she may be witness to climate change so profound...

Read More »