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Tag Archives: Spain

Sluggish Global Growth Calls for Supportive Policies

By Gita Gopinath عربي, 中文, Español, Français, 日本語, Português, Русский In our July update of the World Economic Outlook we are revising downward our projection for global growth to 3.2 percent in 2019 and 3.5 percent in 2020. While this is a modest revision of 0.1 percentage points for both years relative to our projections in April, it comes on top of previous significant downward revisions. The revision for 2019 reflects negative surprises for growth in emerging market and developing...

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Do the Math: Include Women in Government Budgets

Zohra Khan and Lisa Kolovich Español, Português Every day, women around the world experience less opportunity than men in education and employment, and less political representation. While many countries recognize the need for gender equality and women’s empowerment, governments can structure spending and taxation in ways to advance gender equality even further—a process called gender budgeting. Overall, gender budgeting can make a real difference in people’s lives. A United Nations...

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Chart of the Week: Bye Bye Baby—How Crises Affect Fertility Rates

By IMFBlog November 13, 2018 Increasing access to affordable and high-quality childcare can make it easier for families to have more children (photo: Franziska Kraufmann/dpa/Newscom) The global financial crisis a decade ago and the resulting recession left long-lasting scars on future growth in more ways than one. Our October World Economic Outlook points to signs that the crisis may have had lasting effects on potential economic growth through its impact on fertility rates and...

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Global Growth Plateaus as Economic Risks Materialize

By Maurice Obstfeld October 9, 2018 عربي, 中文, Español, Français, Baˈhasa indoneˈsia, 日本語, Русский Uncertainty over trade policy is becoming a drag on economic activity (photo: Imagine China/Newscom) The latest World Economic Outlook report projects that global growth will remain steady over 2018–19 at last year’s rate of 3.7 percent. This growth exceeds that achieved in any of the years between 2012 and 2016. It occurs as many economies have reached or are nearing full employment and...

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Lasting Effects: The Global Economic Recovery 10 Years After the Crisis

By Wenjie Chen, Mico Mrkaic, and Malhar Nabar October 3, 2018 عربي,中文, Español, Français, Baˈhasa indoneˈsia, Português, Русский Woman cleaning in Berlin, Germany: the 2008 global financial crisis has had long-lasting effects on economic growth (photo: Caro/Olaf Jandke/Newscom) In the year following the 2008 financial crisis, economic activity declined in half of all countries in the world. Our analysis in Chapter 2 of the October World Economic Outlook shows that in many countries...

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The Long-Term Impact of Brexit on the European Union

By Jiaqian Chen, Christian Ebeke, Li Lin, Haonan Qu, and Jesse Siminitz August 10, 2018 Versions in Español, Français, A container ship entering the Port of Marseille, France: The UK is among the European Union's largest trading partners, accounting for about 13 percent of its trade in goods and services (photo: Gerard Bottino/Newscom) When the United Kingdom leaves the European Union, higher barriers to trade, capital flows, and labor mobility will affect output and jobs not only in...

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Chart of the Week: Top 5 Charts

By IMFBlog July 25, 2018 People wait while their electric cars charge, in Xiamen, China (photo: Zhang Guojun/Newscom) Rank has its privileges, the saying goes.  This week our editors pull rank and pick their favorite charts from our Chart of the Week series.  We’ve selected charts on electric cars, China’s thrift, Iceland’s tourism, wealth and inequality, and millennial home ownership as our top choices.  Chart of the Week: Sharing the Wealth: Inequality and Who Owns What Chart of...

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Game-Changers and Whistle-Blowers: Taxing Wealth

By James Brumby and Michael Keen February 13, 2018  Versions in 中文 (Chinese), 日本語 (Japanese) New Delhi, India: there are now very few effective explicit wealth taxes in either developing or advanced economies (photo: Jens Kalaene/Corbis). High and rising income inequality is a serious concern in many countries, as highlighted in the IMF’s recent Fiscal Monitor. Wealth, however, is distributed even more unequally than income, as in the picture below. Although Thomas Piketty has...

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Countries in the IMF Financial Spotlight in 2017

By iMFdirect The IMF will assess a range of financial systems in 2017: large ones such as China and Japan, medium-sized ones like Luxembourg, Spain, and Turkey, and small ones such as Guyana and Zambia. The  Financial Sector Assessment Program remains the IMF’s principal tool for assessing countries’ financial stability.  It identifies weaknesses in a country’s financial system that could threaten its stability, as well as strengths that make the system resilient. The IMF tailors country...

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China Must Quickly Tackle its Corporate Debt Problems

By Joong Shik Kang and Wojciech S. Maliszewski Version in 中文 (Chinese) China urgently needs to tackle its corporate-debt problem before it becomes a major drag on growth in the world’s No. 2 economy. Corporate debt has reached very high levels and continues to grow. In our recent paper, we recommend that the government act promptly to adopt a comprehensive program that would sacrifice some economic growth in the short term while rapidly returning the economy to a sustainable growth path....

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