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Good Administration of Oil and Mining Revenues is Vital

Effective administration of public revenues derived from the petroleum and mining industries gets a boost with the release of a new IMF handbook. Policymakers and government officials in charge of administering oil, gas and mining revenues now have practical guidelines at their disposal.

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.

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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