International Monetary Fund

Search
Please send us your feedback

World Economic and Financial Surveys Series

This series contains periodic studies covering monetary and financial issues of importance to the world economy. The core elements in the series are the semiannual World Economic Outlook report, the Global Financial Stability Report (GFSR) and the Regional Economic Outlook report. Other studies cover such topics as developments in international trade policies, export credit policies and payment systems, and international financial markets.

August 21, 2014
Page: 1 of 412 3 4 Next >


2014

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. ...
Date: May 06, 2014

Central, Eastern and Southeastern Europe; Regional ...

Description: Central, Eastern and Southeastern Europe; Regional Economic Issues, April 2014...
Date: April 29, 2014

Regional Economic Outlook: Asia and Pacific - Sustaining the ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2014 -- table of Contents...
Date: April 28, 2014

Regional Economic Outlook: Asia and Pacific - Sustaining the ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2014 -- table of Contents...
Date: April 28, 2014

Regional Economic Outlook: Sub-Saharan Africa - Fostering ...

Description: IMF Regional Economic Outlook: Fostering Durable and Inclusive Growth, April 2014 -- Table of Contents...
Date: April 24, 2014

Regional Economic Outlook: Western Hemisphere ...

Description: IMF Regional Economic Outlook: Western Hemisphere Department...
Date: April 24, 2014

IMF Global Financial Stability Report (GFSR) -- April 2014 ...

Description: The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability. Chapter 1 finds that these transitions are far from complete, and stability conditions are far from normal. For advanced and emerging market economies alike, a successful shift from liquidity-driven to growth-driven markets requires a number of elements. The report discusses these elements, including: a normalization of U.S. monetary policy that avoids financial stability risks; financial rebalancing in emerging market economies amid tighter external financial conditions and higher corporate debt levels; further progress in the euro area’s transition from fragmentation to robust integration; and the successful implementation of Abenomics in Japan to deliver sustained growth and stable inflation. Chapter 2 examines the role of the composition of the investor base and local financial systems for the stability of emerging market portfolio flows and asset prices. Chapter 3 looks at the issue of too-important-to-fail and provides new estimates of the implicit funding subsidy received by systemically important banks.
Date: March 31, 2014

IMF Global Financial Stability Report (GFSR) -- April 2014 ...

Description: The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability. Chapter 1 finds that these transitions are far from complete, and stability conditions are far from normal. For advanced and emerging market economies alike, a successful shift from liquidity-driven to growth-driven markets requires a number of elements. The report discusses these elements, including: a normalization of U.S. monetary policy that avoids financial stability risks; financial rebalancing in emerging market economies amid tighter external financial conditions and higher corporate debt levels; further progress in the euro area’s transition from fragmentation to robust integration; and the successful implementation of Abenomics in Japan to deliver sustained growth and stable inflation. Chapter 2 examines the role of the composition of the investor base and local financial systems for the stability of emerging market portfolio flows and asset prices. Chapter 3 looks at the issue of too-important-to-fail and provides new estimates of the implicit funding subsidy received by systemically important banks.
Date: March 31, 2014

IMF Global Financial Stability Report (GFSR) -- April 2014 ...

Description: The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability. Chapter 1 finds that these transitions are far from complete, and stability conditions are far from normal. For advanced and emerging market economies alike, a successful shift from liquidity-driven to growth-driven markets requires a number of elements. The report discusses these elements, including: a normalization of U.S. monetary policy that avoids financial stability risks; financial rebalancing in emerging market economies amid tighter external financial conditions and higher corporate debt levels; further progress in the euro area’s transition from fragmentation to robust integration; and the successful implementation of Abenomics in Japan to deliver sustained growth and stable inflation. Chapter 2 examines the role of the composition of the investor base and local financial systems for the stability of emerging market portfolio flows and asset prices. Chapter 3 looks at the issue of too-important-to-fail and provides new estimates of the implicit funding subsidy received by systemically important banks.
Date: March 31, 2014

IMF Global Financial Stability Report (GFSR) -- April 2014 ...

Description: The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability. Chapter 1 finds that these transitions are far from complete, and stability conditions are far from normal. For advanced and emerging market economies alike, a successful shift from liquidity-driven to growth-driven markets requires a number of elements. The report discusses these elements, including: a normalization of U.S. monetary policy that avoids financial stability risks; financial rebalancing in emerging market economies amid tighter external financial conditions and higher corporate debt levels; further progress in the euro area’s transition from fragmentation to robust integration; and the successful implementation of Abenomics in Japan to deliver sustained growth and stable inflation. Chapter 2 examines the role of the composition of the investor base and local financial systems for the stability of emerging market portfolio flows and asset prices. Chapter 3 looks at the issue of too-important-to-fail and provides new estimates of the implicit funding subsidy received by systemically important banks.
Date: March 31, 2014



2013

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. Regional Economic Outlook: Middle
East and Central Asia. November 2013 © International Monetary Fund. ...
Date: November 11, 2013

Regional Economic Outlook: Sub-Saharan Africa - Keeping ...

Description: IMF Regional Economic Outlook: Keeping the Pace, October 2013 -- Table of Contents...
Date: October 31, 2013

Central, Eastern and Southeastern Europe; Regional ...

Description: Central, Eastern and Southeastern Europe; Regional Economic Issues, October 2013 - Table of contents...
Date: October 17, 2013

Regional Economic Outlook Update: Western Hemisphere ...

Description: IMF Regional Economic Outlook Update: Western Hemisphere Department...
Date: October 11, 2013

IMF Global Financial Stability Report (GFSR) -- October 2013 ...

Description: The October 2013 Global Financial Stability (GFSR) Report examines current risks facing the global financial system as it undergoes a series of transitions along the path toward greater financial stability. The United States may soon move to less accommodative monetary policies and higher long-term interest rates as its recovery gains ground. Emerging markets face a transition to more volatile external conditions and higher risk premiums. Japan is moving toward the new “Abenomics” policy regime, and the euro area is moving toward a more robust and safer financial sector. Finally, the global banking system is phasing in stronger regulatory standards. Chapter 1 examines the challenges and risks of each of these transitions. Chapter 2 looks at efforts by policymakers to revive weak credit growth, which has been seen by many as a primary reason behind the slow economic recovery. The chapter argues that policies are most effective if they target the constraints that underlie the weakness in credit. But it cautions policymakers to be aware of the fiscal costs and implications for financial stability of credit-supporting policies. Chapter 3 examines how banking funding structures matter for financial stability and the potential impact of various regulatory reforms. It concludes that careful implementation of reform efforts are important to ensure that financial stability benefits are realized.
Date: October 09, 2013

IMF Global Financial Stability Report (GFSR) -- October 2013 ...

Description: The October 2013 Global Financial Stability (GFSR) Report examines current risks facing the global financial system as it undergoes a series of transitions along the path toward greater financial stability. The United States may soon move to less accommodative monetary policies and higher long-term interest rates as its recovery gains ground. Emerging markets face a transition to more volatile external conditions and higher risk premiums. Japan is moving toward the new “Abenomics” policy regime, and the euro area is moving toward a more robust and safer financial sector. Finally, the global banking system is phasing in stronger regulatory standards. Chapter 1 examines the challenges and risks of each of these transitions. Chapter 2 looks at efforts by policymakers to revive weak credit growth, which has been seen by many as a primary reason behind the slow economic recovery. The chapter argues that policies are most effective if they target the constraints that underlie the weakness in credit. But it cautions policymakers to be aware of the fiscal costs and implications for financial stability of credit-supporting policies. Chapter 3 examines how banking funding structures matter for financial stability and the potential impact of various regulatory reforms. It concludes that careful implementation of reform efforts are important to ensure that financial stability benefits are realized.
Date: October 09, 2013

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. ...
Date: May 20, 2013

Regional Economic Outlook: Sub-Saharan Africa - Building ...

Description: IMF Regional Economic Outlook: Building Momentum in a Multi-Speed World, May 2013 -- Table of Contents...
Date: May 10, 2013

Regional Economic Outlook: Western Hemisphere ...

Description: IMF Regional Economic Outlook: Western Hemisphere Department...
Date: May 06, 2013

Regional Economic Outlook: Asia and Pacific - Shifting Risks ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2013 -- table of Contents...
Date: April 29, 2013

Regional Economic Outlook: Asia and Pacific - Shifting Risks ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2013 -- table of Contents...
Date: April 29, 2013

Regional Economic Outlook: Asia and Pacific - Shifting Risks ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2013 -- table of Contents...
Date: April 29, 2013

Central, Eastern and Southeastern Europe; Regional ...

Description: Central, Eastern and Southeastern Europe; Regional Economic Issues, April 2013 - Table of contents...
Date: April 26, 2013

IMF Global Financial Stability Report (GFSR) -- April 2013 ...

Description: The April 2013 Global Financial Stability Report (GFSR) examines current risks facing the global financial system and policy actions that may mitigate these. The April 2013 report analyzes the key challenges facing financial and nonfinancial firms as they continue to repair their balance sheets and unwind public and private debt overhangs. Chapter 1 also examines short- and medium-term stability risks in the euro area and the vulnerability of emerging market economies to persistent capital inflows. Chapter 2 takes a closer look at whether sovereign credit default swaps markets are good indicators of sovereign credit risk. Chapter 3 reports on unconventional monetary policy in some depth, including the policies pursued by the Federal Reserve, the Bank of England, the Bank of Japan, the European Central Bank, and the U.S. Federal Reserve.
Date: April 17, 2013

IMF Global Financial Stability Report (GFSR) -- April 2013 ...

Description: The April 2013 Global Financial Stability Report (GFSR) examines current risks facing the global financial system and policy actions that may mitigate these. The April 2013 report analyzes the key challenges facing financial and nonfinancial firms as they continue to repair their balance sheets and unwind public and private debt overhangs. Chapter 1 also examines short- and medium-term stability risks in the euro area and the vulnerability of emerging market economies to persistent capital inflows. Chapter 2 takes a closer look at whether sovereign credit default swaps markets are good indicators of sovereign credit risk. Chapter 3 reports on unconventional monetary policy in some depth, including the policies pursued by the Federal Reserve, the Bank of England, the Bank of Japan, the European Central Bank, and the U.S. Federal Reserve.
Date: April 17, 2013



2012

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. Regional Economic Outlook:
Middle East and Central Asia. November 2012 ©2012 ...
Date: November 11, 2012

Regional Economic Outlook: Sub-Saharan Africa ...

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - October 2012 -- Table of Contents...
Date: October 12, 2012

Regional Economic Outlook Update: Western Hemisphere ...

Description: IMF Regional Economic Outlook Update: Western Hemisphere Department...
Date: October 12, 2012

Restoring Confidence and Progressing on Reforms -- IMF ...

Description: The October 2012 Global Financial Stability Report (GFSR) finds increased risks to the global financial system, with the euro area crisis the principal source of concern. The report urges policymakers to act now to restore confidence, reverse capital flight, and reintegrate the euro zone. In both Japan and the United States, steps are needed toward medium-term fiscal adjustment. Emerging market economies have successfully navigated global shocks thus far, but need to guard against future shocks while managing a slowdown in growth. This GFSR also examines whether regulatory reforms are moving the financial system in the right direction, and finds that progress has been limited, partly because many reforms are in the early stages of implementation and partly because crisis intervention methods are still in use in a number of economies, delaying the movement of the financial system onto a safer path. The final chapter assesses whether certain aspects of financial structure enhance economic outcomes. Indeed, some structural features are associated with better outcomes. In particular, financial buffers made up of high-quality capital and truly liquid assets tend to be associated with better economic performance.
Date: October 10, 2012

Restoring Confidence and Progressing on Reforms -- IMF ...

Description: The October 2012 Global Financial Stability Report (GFSR) finds increased risks to the global financial system, with the euro area crisis the principal source of concern. The report urges policymakers to act now to restore confidence, reverse capital flight, and reintegrate the euro zone. In both Japan and the United States, steps are needed toward medium-term fiscal adjustment. Emerging market economies have successfully navigated global shocks thus far, but need to guard against future shocks while managing a slowdown in growth. This GFSR also examines whether regulatory reforms are moving the financial system in the right direction, and finds that progress has been limited, partly because many reforms are in the early stages of implementation and partly because crisis intervention methods are still in use in a number of economies, delaying the movement of the financial system onto a safer path. The final chapter assesses whether certain aspects of financial structure enhance economic outcomes. Indeed, some structural features are associated with better outcomes. In particular, financial buffers made up of high-quality capital and truly liquid assets tend to be associated with better economic performance.
Date: October 10, 2012

Regional Economic Outlook: Asia and Pacific - Managing ...

Description: IMF Regional Economic Outlook: Asia and Pacific, April 2012 -- table of Contents...
Date: April 27, 2012

Regional Economic Outlook: Sub-Saharan Africa - Sustaining ...

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - April 2012 -- Table of Contents...
Date: April 25, 2012

Regional Economic Outlook: Western Hemisphere ...

Description: IMF Regional Economic Outlook: Western Hemisphere - April 2012 -- Table of Contents...
Date: April 25, 2012

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. Regional Economic Outlook
Update: Middle East and Central Asia. April 2012 ©2012 ...
Date: April 20, 2012

The Quest for Lasting Stability -- IMF Global Financial Stability ...

Description: The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The report probes the implications of recent reforms in the financial system for market perception of safe assets, and investigates the growing public and private costs of increased longevity risk from aging populations -- April 2012.
Date: April 11, 2012

The Quest for Lasting Stability -- IMF Global Financial Stability ...

Description: The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The report probes the implications of recent reforms in the financial system for market perception of safe assets, and investigates the growing public and private costs of increased longevity risk from aging populations -- April 2012.
Date: April 11, 2012



2011

Regional Economic Outlook: Middle East and Central Asia ...

Description: ... World Economic and Financial Surveys. Regional Economic Outlook:
Middle East and Central Asia. October 2011 ©2011 ...
Date: October 26, 2011

Regional Economic Outlook: Sub-Saharan Africa - Sustaining ...

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - October 2011 -- Table of Contents...
Date: October 19, 2011

Regional Economic Outlook: Asia and Pacific - Navigating an ...

Description: IMF Regional Economic Outlook: Asia and Pacific, October 2011 -- table of Contents...
Date: October 13, 2011

Regional Economic Outlook: Asia and Pacific - Navigating an ...

Description: IMF Regional Economic Outlook: Asia and Pacific, October 2011 -- table of Contents...
Date: October 13, 2011

Regional Economic Outlook: Western Hemisphere - Shifting ...

Description: IMF Regional Economic Outlook: Western Hemisphere - October 2011 -- Table of Contents...
Date: October 05, 2011

Regional Economic Outlook: Europe - Navigating Stormy ...

Description: IMF Regional Economic Outlook: Western Hemisphere - October 2011 -- Table of Contents...
Date: October 05, 2011

IMF World Economic Outlook (WEO) - Slowing Growth, Rising ...

Description: IMF World Economic Outlook (WEO), September 2011 -- table of Contents...
Date: September 21, 2011

Grappling with Crisis Legacies: IMF Global Financial Stability ...

Description: The September 2011 issue of the Global Financial Stability Report cautions that the risks to global financial stability have increased substantially in recent months, during which heavy public debt burdens and weak growth prospects in many advanced economies combined with a series of shocks to the global financial system. Emerging markets, despite brighter growth prospects, face the risk of sharp reversals and so must guard against the buildup of financial vulnerabilities. Moreover, says the Report, as the crisis has moved into its fifth year, it has entered a new phase in which political differences within and across economies are impeding progress to address the legacies of the crisis. The Report examines how the ongoing low interest rate environment and high uncertainty are driving the asset allocations of long-term, real-money institutional investors, and finds that such investors have moved toward safety and liquidity. As part of its continuing role to find ways of avoiding future crisis, the Report looks at variables that can act as advance indicators of financial crisis and examines how the use of countercyclical capital buffers can help to dampen destabilizing cycles.
Date: September 13, 2011

Grappling with Crisis Legacies: IMF Global Financial Stability ...

Description: The September 2011 issue of the Global Financial Stability Report cautions that the risks to global financial stability have increased substantially in recent months, during which heavy public debt burdens and weak growth prospects in many advanced economies combined with a series of shocks to the global financial system. Emerging markets, despite brighter growth prospects, face the risk of sharp reversals and so must guard against the buildup of financial vulnerabilities. Moreover, says the Report, as the crisis has moved into its fifth year, it has entered a new phase in which political differences within and across economies are impeding progress to address the legacies of the crisis. The Report examines how the ongoing low interest rate environment and high uncertainty are driving the asset allocations of long-term, real-money institutional investors, and finds that such investors have moved toward safety and liquidity. As part of its continuing role to find ways of avoiding future crisis, the Report looks at variables that can act as advance indicators of financial crisis and examines how the use of countercyclical capital buffers can help to dampen destabilizing cycles.
Date: September 13, 2011

Regional Economic Outlook: Sub-Saharan Africa, April 2011 ...

Description: Sub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has been more gradual. This Regional Economic Outlook describes the impact of recent economic developments---sharp increases in food and fuel prices will need fiscal interventions targeting the poor, while higher oil prices will be a boon to some countries and adversely affect others. Policy adjustments are needed to move away from the supportive stance of the last few years but should be balanced against the need to alleviate the impact of rising food prices on poor households.
Date: May 03, 2011

Regional Economic Outlook: Asia and Pacific, April 2011 ...

Description: The April 2011 issue of the Regional Economic Outlook: Asia and Pacific focuses on the policy challenges of managing the next phase of growth after Asia's recovery from the global crisis. The analytical chapters discuss how capital flows to the region may affect the monetary policy transmission mechanism and the role of macroprudential measures in this context, the implications of the Asian supply chain for rebalancing growth across the region, and the policy challenges for Asian low-income and Pacific Island countries. Economic recovery in Asia as a whole has been rapid (8.3 percent in 2010) and fueled by both exports and domestic demand. Looking ahead, growth is expected to continue at a more moderate but also more sustainable pace in 2011 and 2012, led by China and India. Meanwhile, new risks to the outlook have emerged. The full human cost and impact on infrastructure of the mid-March earthquake and tsunami in Japan remain to be determined. The steady response of the Japanese government and people has helped to contain the effects of the disaster on production, but a risk remains of prolonged disruptions in production that could spill over to other Asian economies in the regional supply chain. Moreover, tensions in the Middle East and North Africa and related risk of further oil price spikes could disrupt global growth and affect Asian exports. Finally, pockets of overheating have emerged in Asia, as core inflation and credit growth have accelerated in several...
Date: April 28, 2011

Regional Economic Outlook: Asia and Pacific, April 2011 ...

Description: The April 2011 issue of the Regional Economic Outlook: Asia and Pacific focuses on the policy challenges of managing the next phase of growth after Asia's recovery from the global crisis. The analytical chapters discuss how capital flows to the region may affect the monetary policy transmission mechanism and the role of macroprudential measures in this context, the implications of the Asian supply chain for rebalancing growth across the region, and the policy challenges for Asian low-income and Pacific Island countries. Economic recovery in Asia as a whole has been rapid (8.3 percent in 2010) and fueled by both exports and domestic demand. Looking ahead, growth is expected to continue at a more moderate but also more sustainable pace in 2011 and 2012, led by China and India. Meanwhile, new risks to the outlook have emerged. The full human cost and impact on infrastructure of the mid-March earthquake and tsunami in Japan remain to be determined. The steady response of the Japanese government and people has helped to contain the effects of the disaster on production, but a risk remains of prolonged disruptions in production that could spill over to other Asian economies in the regional supply chain. Moreover, tensions in the Middle East and North Africa and related risk of further oil price spikes could disrupt global growth and affect Asian exports. Finally, pockets of overheating have emerged in Asia, as core inflation and credit growth have accelerated in several...
Date: April 28, 2011

Regional Economic Outlook: Middle East and Central Asia ...

Description: The October 2010 Regional Economic Outlook: Middle East and Central Asia reports on the regional implications of the global economic recovery and presents key policy challenges and recommendations. With the rebound in crude oil prices and production, the oil-exporting countries of the Middle East and North Africa will see visible improvements in their fiscal and external balances in 2010–11. Going forward, further efforts at financial sector development and economic diversification top the agenda. The region’s oil-importing countries, which include Afghanistan and Pakistan, have weathered the global recession well. Pakistan, however, suffered from devastating floods in July/August, which will hold back growth this year. The overriding longer-term challenges for these countries are to raise growth and provide jobs for expanding populations. In the Caucasus and Central Asia, recovery has gained momentum in virtually all countries, aided by the lagged effect of fiscal stimulus and a favorable external environment. Exports are picking up, and remittances are rebounding, though at a slowing pace. Despite the broadly positive outlook, however, risks are largely on the downside. A priority is to resolve banking sector problems and, in some countries, to reduce external debt and current account deficits.
Date: April 27, 2011

IMF Global Financial Stability Report (GFSR) -- Durable ...

Description: GFSR April 2011: Despite ongoing economic recovery and improvements in global financial stability, structural weaknesses and vulnerabilities remain in some important financial systems. The April 2011 Global Financial Stability Report highlights how risks have changed over the past six months, traces the sources and channels of financial distress with an emphasis on sovereign risk, notes the pressures arising from capital inflows in emerging economies, and discusses policy proposals under consideration to mend the global financial system.
Date: April 13, 2011

IMF World Economic Outlook (WEO) - Tensions from the Two ...

Description: IMF World Economic Outlook (WEO), April 2011 -- table of Contents...
Date: April 11, 2011



2010

Regional Economic Outlook: Sub-Saharan Africa, October ...

Description: The October 2010 Regional Economic Outlook features: (i) an overview of economic developments and prospects in sub-Saharan Africa; (ii) an analytical assessment of how monetary policy changes are transmitted through the region’s economies; and (iii) a study of why growth rates in the West African Economic and Monetary Union (WAEMU) have lagged behind other parts of sub-Saharan Africa. The overview highlights the broad-based economic recovery that is now under way in sub-Saharan Africa and projects growth of 5 percent in 2010 and 5½ percent in 2011. It explores the resilience of most economies in the region to the global financial crises of 2007-09 and explains why sound economic policy implementation and a growing orientation of trade toward Emerging Asia are expected to continue to underpin growth. The second chapter provides evidence suggesting that monetary policy may have more power to influence monetary conditions than previously assumed. Main messages from the WAEMU study are the importance of strong policy environments and political stability for achieving sustained growth; and of robust fiscal frameworks for directing resources towards priority spending needs.
Date: October 25, 2010

Regional Economic Outlook: Sub-Saharan Africa, October ...

Description: The October 2010 Regional Economic Outlook features: (i) an overview of economic developments and prospects in sub-Saharan Africa; (ii) an analytical assessment of how monetary policy changes are transmitted through the region’s economies; and (iii) a study of why growth rates in the West African Economic and Monetary Union (WAEMU) have lagged behind other parts of sub-Saharan Africa. The overview highlights the broad-based economic recovery that is now under way in sub-Saharan Africa and projects growth of 5 percent in 2010 and 5½ percent in 2011. It explores the resilience of most economies in the region to the global financial crises of 2007-09 and explains why sound economic policy implementation and a growing orientation of trade toward Emerging Asia are expected to continue to underpin growth. The second chapter provides evidence suggesting that monetary policy may have more power to influence monetary conditions than previously assumed. Main messages from the WAEMU study are the importance of strong policy environments and political stability for achieving sustained growth; and of robust fiscal frameworks for directing resources towards priority spending needs.
Date: October 25, 2010

Regional Economic Outlook: Middle East and Central Asia ...

Description: The October 2010 Regional Economic Outlook: Middle East and Central Asia reports on the regional implications of the global economic recovery and presents key policy challenges and recommendations. With the rebound in crude oil prices and production, the oil-exporting countries of the Middle East and North Africa will see visible improvements in their fiscal and external balances in 2010–11. Going forward, further efforts at financial sector development and economic diversification top the agenda. The region’s oil-importing countries, which include Afghanistan and Pakistan, have weathered the global recession well. Pakistan, however, suffered from devastating floods in July/August, which will hold back growth this year. The overriding longer-term challenges for these countries are to raise growth and provide jobs for expanding populations. In the Caucasus and Central Asia, recovery has gained momentum in virtually all countries, aided by the lagged effect of fiscal stimulus and a favorable external environment. Exports are picking up, and remittances are rebounding, though at a slowing pace. Despite the broadly positive outlook, however, risks are largely on the downside. A priority is to resolve banking sector problems and, in some countries, to reduce external debt and current account deficits.
Date: October 24, 2010

Regional Economic Outlook - Asia and Pacific: Consolidating ...

Description: One year after the deepest recession in recent history, Asia is leading the global recovery. The Regional Economic Outlook: Asia and Pacific discusses the near-term outlook for the region, as well as the medium-term policy challenges that countries face. As in many emerging and developing markets, Asia rebounded swiftly during 2009 and in the first quarter of 2010, and in the near term the region is expected to continue leading the global recovery. In the medium term, the global crisis has highlighted the importance for Asia of ensuring that private domestic demand becomes a more prominent engine of growth.
Date: October 21, 2010

Regional Economic Outlook: Europe -- Building Confidence ...

Description: The recovery in Europe continues, supported by strong policy action to contain sovereign debt problems in the euro area. In advanced Europe, lingering uncertainties and market pressures make for moderate and unequal growth, creating challenges for macroeconomic and financial sector policies. The REO also sheds light on the governance issues revealed by the crisis, arguing that better policy frameworks, in particular at the euro area level, promise a stronger Europe. For the first time, the REO devotes a separate chapter to the outlook for emerging Europe, where, after a deep recession, an export-led recovery is under way. However, the rebound is uneven across the region, and policymakers face the difficult challenge of dealing with the legacies of the crisis, while not hurting the recovery. Beyond the short term, the REO argues that the region will need to find new growth engines, as the capital inflows-driven and credit-fueled domestic demand boom needs to give way to more balanced growth. Indeed, the REO emphasizes that active fiscal policy and coordinated prudential measures are key to avoiding a repeat of the boom-bust cycle the region has just endured.
Date: October 20, 2010

Regional Economic Outlook: Europe -- Building Confidence ...

Description: The recovery in Europe continues, supported by strong policy action to contain sovereign debt problems in the euro area. In advanced Europe, lingering uncertainties and market pressures make for moderate and unequal growth, creating challenges for macroeconomic and financial sector policies. The REO also sheds light on the governance issues revealed by the crisis, arguing that better policy frameworks, in particular at the euro area level, promise a stronger Europe. For the first time, the REO devotes a separate chapter to the outlook for emerging Europe, where, after a deep recession, an export-led recovery is under way. However, the rebound is uneven across the region, and policymakers face the difficult challenge of dealing with the legacies of the crisis, while not hurting the recovery. Beyond the short term, the REO argues that the region will need to find new growth engines, as the capital inflows-driven and credit-fueled domestic demand boom needs to give way to more balanced growth. Indeed, the REO emphasizes that active fiscal policy and coordinated prudential measures are key to avoiding a repeat of the boom-bust cycle the region has just endured.
Date: October 20, 2010

Regional Economic Outlook: Western Hemisphere - Heating ...

Description: Heating Up in the South, Cooler in the North...
Date: October 18, 2010

Regional Economic Outlook: Western Hemisphere - Heating ...

Description: Heating Up in the South, Cooler in the North...
Date: October 18, 2010

IMF Global Financial Stability Report (GFSR) -- Sovereigns ...

Description: October 2010: The global financial system is still in a period of significant uncertainty and remains the Achilles’ heel of the economic recovery. Although the ongoing recovery is expected to result in a gradual strengthening of balance sheets, progress toward financial stability has experienced a setback since the April 2010 GFSR. The current report highlights how risks have changed over the last six months, traces the sources and channels of financial distress with an emphasis on sovereign risk, and provides a discussion of policy proposals under consideration to mend the global financial system.
Date: September 29, 2010

Page: 1 of 412 3 4 Next >