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Fiscal Policy to Address Energy’s Environmental Impacts

Fiscal policies should be center stage in getting energy prices to reflect the harmful and environmental side effects associated with energy use, according to a new report released by the IMF.

Japan’s Bumpy Growth Path Puts Premium on Structural Reforms

In its latest assessment of the Japanese economy, the IMF said the recent economic reforms are taking hold, but they need to be more comprehensive and sustained for an extended period. This would help achieve the new inflation target and guard against headwinds from a shrinking labor force and a large fiscal adjustment need.

China Would Benefit from Slower but Safer Growth

After three decades of remarkable growth, China’s economy has been slowing. The country needs to implement the announced reform agenda and address vulnerabilities to secure a safer development path, said the IMF.

Changing Growth Trends Carry New Global Spillovers

As the global economy shifts from crisis to recovery mode, the changing growth patterns—with advanced economies generally recovering and emerging markets slowing on a broad basis—carry new spillover risks, says the IMF staff.

New External Assessments Reveal a Mixed Picture

The job of reducing external imbalances is not complete, says an updated analysis by IMF staff. The 2014 Pilot External Sector Report recognizes substantial progress relative to the pre-crisis peak imbalances, but sees much smaller progress more recently, and some cases of widening imbalances.
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2014 Annual Meetings

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