IMFSurvey Magazine: Interview
May 23, 2013
The IMF is taking a fresh look at sovereign debt restructuring, with a robust work agenda on this issue in the coming months, said Hugh Bredenkamp, Deputy Director of the IMF’s Policy, Strategy, and Review Department.
May 09, 2013
As the 2008 global crisis deepened, the euro area, the world’s largest and most well-known regional currency union, faced a number of challenges. In many respects, the smaller Eastern Caribbean Economic and Currency Union (ECCU) is an interesting microcosm of the euro area’s problems and its difficulties.
May 01, 2013
The IMF’s Executive Board approved a 48-month, $932 million Extended Arrangement for Jamaica. The program will help create the conditions for sustained growth through a significant improvement in the fiscal and debt positions and in competitiveness.
April 08, 2013
The IMF is studying ways to strengthen the focus of its debt limits policy on debt sustainability while allowing countries to manage debt in a more flexible way, a new report says. The IMF’s Executive Board has given the green light to develop proposals in the coming months.
March 27, 2013
Subsidies are intended to protect consumers by keeping prices low. But many argue subsidies are inefficient and could be replaced with better means of protecting consumers in need. A new IMF paper urges governments the world over to reform subsidies affecting products ranging from coal to gasoline.
February 22, 2013
Over the past several decades, advanced economies have seen a striking rise in inequality. In the United States, the top 0.1 percent of households receive more than 10 percent of national income—more than double the figure of 30 years ago.
January 28, 2013
Despite the recession in the euro area, Latvia’s GDP growth is projected to have exceeded 5 percent for the second year in a row in 2012. The labor market is improving, but unemployment remains too high.
November 21, 2012
Against the backdrop of a still weak global economic outlook, the IMF’s work agenda for the coming months is designed to support bold policy implementation to secure the economic recovery and anchor the future—the key themes of Managing Director Christine Lagarde’s Global Policy Agenda presented at the IMF’s recent annual meetings in Tokyo.
October 25, 2012
With economic recession set to extend into 2013, Portugal’s government has made excellent progress in implementing reforms agreed under a program supported by European partners and the IMF. In an interview, the IMF’s mission chief for Portugal, Abebe Aemro Selassie, discusses the prospects for economic recovery.
October 08, 2012
In 2008 food and oil prices spiked, hitting world trade and affecting millions of people worldwide. Earlier this year food prices climbed again, sparking fears of a similar crisis. In an interview, Samya Beidas-Strom says the new price spikes are not as severe as in the past.
May 08, 2013
Having taken stock of the IMF’s work on job creation and growth, there is scope for the institution to provide more analysis and policy advice to help its members achieve their inclusive growth goals, says IMF Deputy Managing Director Min Zhu in an interview.
April 21, 2013
In an interview, Tharman Shanmugaratnam—Deputy Prime Minister of Singapore and Chair of the IMF’s policy steering committee, the IMFC, underscored the need to refocus policies on sustainable growth and job creation.
March 29, 2013
A country suffering any or all of the following adverse conditions—political and economic instability, poverty, civil disorder, terrorism, human trafficking, or disease—can be labeled a fragile state. These fragile situations are not limited to low-income countries. The issue of governance is a concern for countries around the world.
March 25, 2013
Economic growth in Latin America is expected to remain strong in 2013, but the region needs more growth-enhancing and employment-generating policies to reduce poverty and income inequality, said Alejandro Werner, the IMF’s new Director of the Western Hemisphere Department.
February 11, 2013
The IMF is working with Burkina Faso to develop targeted welfare programs aimed at identifying and helping the poorest, but these programs remain a work-in-progress for a country dealing with chronic poverty and an influx of refugees from neighboring Mali.
January 18, 2013
In recent months, Greece has made impressive progress under the new coalition government in terms of restoring fiscal sustainability and agreeing labor market reforms that are providing a much needed boost to competitiveness.
November 29, 2012
Slovenia is suffering from a vicious spiral of deleveraging and economic contraction, made more difficult by the ongoing crisis in the eurozone. The IMF’s Slovenia mission chief discusses the economic outlook and the policy actions needed to get the country out of its deep recession.
October 25, 2012
Nigeria and South Africa account for one-half of sub-Saharan Africa’s GDP, and are potentially major drivers of growth for the region as a whole. In an interview, senior economist Cheikh Gueye examines Nigeria’s and South Africa’s economic linkages with the rest of the region.
October 14, 2012
Europe remains a focus of efforts to restore confidence and revive the global economic recovery. In an interview, Director of the IMF’s European Department Reza Moghadam discusses the pressing challenges facing the euro area and outlines the Fund’s broader role in the region.
October 05, 2012
The IMF's Executive Board approved on September 26 a 24-month €405 million Stand-By Arrangement for Bosnia and Herzegovina. The program will help create the conditions for a sustained economic recovery amidst the difficult economic environment, the IMF said.