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Latest documents

• Euro Area At The Crossroads: No Time For Complacency

  Recovery in the euro area has strengthened, but the medium-term outlook remains weak and is endangered by lack of collective action, says the IMF in its latest review of the currency union.

• South Africa: Latest Outlook Shows Urgent Need for Policy Reforms

  South Africa faces significant challenges and needs decisive action to revive growth, the IMF said in its latest annual assessment of the country’s economy.

• South Africa: Latest Outlook Shows Urgent Need for Policy Reforms

  South Africa faces significant challenges and needs decisive action to revive growth, the IMF said in its latest annual assessment of the country’s economy.

• Poland: Strong Institutions a Must For Steady Growth

  Poland has been growing steadily over the past years. However, some policies of the new government have dented investor sentiment and could slow down growth, according to the IMF.

• Globally Important German Financial System is Resilient

  The financial system of Germany, home to systemically important financial institutions, has been bolstered by EU-wide and global reforms in the financial sector. At the same time, low interest rates and the ongoing transition to new supervisory and resolution mechanisms may pose risks, according to the IMF.

• A Blueprint for Portugal’s Future Growth

  Portugal has bounced back from the global economic crisis, but to keep up momentum it will need to carry out additional reforms aimed at boosting growth, generating jobs, and improving competitiveness, according to a new IMF publication on the country’s economy.

• A Blueprint for Portugal’s Future Growth

  Portugal has bounced back from the global economic crisis, but to keep up momentum it will need to carry out additional reforms aimed at boosting growth, generating jobs, and improving competitiveness, according to a new IMF publication on the country’s economy.

• Strong Recovery in Jamaica but Bold Reforms Still Needed

  After several decades of low growth and rising public debt, Jamaica has made significant progress in restoring economic stability thanks to strong policies and program ownership.

• Strong Recovery in Jamaica but Bold Reforms Still Needed

  After several decades of low growth and rising public debt, Jamaica has made significant progress in restoring economic stability thanks to strong policies and program ownership.

• IMF Lauds Strong Partnership with Austria on Capacity Development

  Developing economic policymaking capacity in its member countries is one of the IMF’s most critical jobs—and a key means of preventing crises, IMF Managing Director Christine Lagarde said in Vienna, Austria.

Featured documents

• Harnessing the Power of Fiscal Policy to Mitigate Inequality

  The appropriate design of fiscal policies can mitigate income inequality, without hurting growth, or even while increasing it, according to a recently published IMF book, Inequality and Fiscal Policy....

• IMF to Help Somalia Rebuild Its Economy

  Recent international recognition of the Federal Government of Somalia has paved the way for the IMF to provide technical assistance and policy advice to the war-torn east African nation....

• Monetary Policies in Advanced Economies: Good for Them, Good for Others

  Accommodative monetary policies in systemic advanced economies can have a positive impact on economic activity in other countries, according to a new IMF analysis on the “spillover” impact of policies on other economies....

• Gulf Countries Should Refine Policies to Ensure Financial Stability

  The experience of the boom and bust in 2008-09 demonstrates the vulnerability of the member countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—to credit and asset price cycles, and makes macroprudential policies especially...

• Evolution Not Revolution: Rethinking Policy at the IMF

  The global financial crisis led to a broad rethink of macroeconomic and financial policies in the global academic and policy community. Eight months into the job as IMF Chief Economist, Maury Obstfeld reflects on the IMF’s role in this rethinking and in furthering economic and financial stability....

• Reform Securitization to Improve Growth, Financial Stability

  Policymakers have made progress in reforming securitization markets, and they have to finish the task to mitigate the risks and ensure these markets contribute to economic growth and financial stability....

• Productivity Is Key to Growth in Small Mid-income Countries

  Africa’s small middle-income countries must boost the contribution of productivity to growth, since they can no longer rely on capital deepening as a growth driver, a Washington conference hears. Better productivity will also make these countries globally competitive....

• Hong Kong SAR: Growing Despite Uncertainties

  Despite being repeatedly buffeted by powerful global cross-currents, Hong Kong SAR’s economy has grown steadily in recent years, according to IMF economists....

• IMF Study Explores How to Better Manage Government Pay and Employment

  Governments should focus on delivering quality public services by effectively managing their wage bill, through adequate fiscal planning, competitive compensation, and employment flexibility, an IMF staff paper says....

• The Mideast: Achieving Fast and Fair Growth

  Making strides in economic transformation has become increasingly important as the Arab Countries in Transition—Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen—continue to chart their political paths, says Masood Ahmed, IMF Middle East Department Director in an interview....