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Tag Archives: International Monetary Fund

Communications as a Policy Tool

By Gerry Rice and Olga Stankova عربي, 中文, Español, Русский When it comes to forging economic policy, communicating with the public is no longer an afterthought. Instead, communications are increasingly seen as a policy tool in itself. To be sure, communications can never be a substitute for good policies. But economic reforms are more likely to fail or even be reversed unless they are understood, believed, and accepted by those whom they affect. The same principle applies to a wide range of...

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A Review of IMF-Supported Lending Programs

By Petya Koeva Brooks, Martin Mühleisen, and Chad Steinberg The IMF’s Review of Program Design and Conditionality provides a deep look into the design of 133 IMF-supported lending programs in operation between September 2011 and December 2017. This review is the first major stocktaking of IMF programs since the Global Financial Crisis, a period of unexpectedly slow economic growth. Programs as shock absorbers Countries often come to the IMF when they already face major threats to economic...

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Quiz About the IMF

By IMFBlog Christine Lagarde, IMF Managing Director, says the IMF is an institution with a brain, a wallet, and a heart. How much do you know about us? Take our new quiz to test your know-how of the ins and outs of what we do and how we do it.      

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A New Social Contract

By Camilla Lund Andersen November 30, 2018 (photo: Michael Waraksa) As the world seeks to address the rise of populism and nationalism, it is becoming clear that economic insecurity lies at the heart of much of the discontent. In the wake of the global financial crisis, voters in wealthy countries began to lose faith in the state’s ability to protect them. The profound changes sweeping labor markets, caused by the rise of technology and continued globalization, have only deepened this...

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When History Rhymes

By Christine Lagarde November 5, 2018 عربي,  中文 Español, Português, Русский The graves of soldiers who died in World War I, near Verdun, France: on the 100th anniversary of the end of the Great War, leaders should listen closely to the echoes of history (photo: Mathieu Pattier/SIPA/Newscom) Mark Twain once said that “History never repeats itself, but it does often rhyme.” As heads of state gather in Paris this week to mark 100 years since the end of World War I, they should listen...

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The Wealth of Nations: Governments Can Better Manage What They Own and Owe

By Vitor Gaspar, Jason Harris, and Alexander Tieman October 10, 2018 A firefighter in Auckland, New Zealand: when governments know what they own they can put their assets to better use and can earn about 3 percent of GDP more in revenues to spend on citizens’ well being (Photo: Rafael Ben-Ari/Newscom) What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card balance, and your student loans. But you probably also think about...

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The Financial System Is Stronger, but New Vulnerabilities Have Emerged in the Decade Since the Crisis

By Tobias Adrian October 10, 2018 عربي, 中文, Español, Français, Português, Русский Debt owed by governments, companies and households in economies with globally systemically important financial sectors has risen since the global financial crisis (Photo: Richard B. Levine/Newscom) Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term...

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A Decade After Lehman, the Financial System Is Safer. Now We Must Avoid Reform Fatigue

By Adolfo Barajas, Claudio Raddatz, and James P. Walsh October 3, 2018 A ticker in New York’s Times Square flashes the news of the collapse of Lehman Brothers on September 15, 2008: In the decade since, the financial sector has  strengthened considerably, but the reform agenda remains incomplete (Photo: Joshua Lott/Reuters/Newscom) In the decade since the collapse of US investment bank Lehman Brothers sparked the most severe economic crisis since the Great Depression, regulation and...

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Give Today’s Children a Chance

By  Christine Lagarde and Vitor Gaspar September 24, 2018  中文  Français Children in early childhood education in Indonesia: more money put into education helps countries achieve their Sustainable Development Goals (Photo: Ajun-Ally/Pacific Press/Newscom) World leaders are gathering at the United Nations to discuss how to deliver on development for all that is economically, socially, and environmentally sustainable—“The 2030 Agenda for Sustainable Development,” and its 17 Sustainable...

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Back to School Blogs

By IMFBlog September 7, 2018  Girls on their first day of school: our latest blog helps you catch up on all the news of the summer (Shadi Jarar'ah/Newscom) As your list of things to do gets longer and the days grow shorter, you know summer is fading, just like your tan. To help you quickly catch up on the news and policy debates of the summer—if you live in the Northern Hemisphere—our editors have put together a list of our top reads on economics and finance.  We have blogs that give...

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