IMFSurvey Magazine: Policy
April 24, 2015
The IMF develops a new framework for determining the appropriate level of international reserves held by its member countries, emphasizing the need to take account of the specific needs of different types of economies. In addition to important benefits, reserves also have costs.
April 18, 2015
As the United Nations prepares to adopt its new Sustainable Development Goals (SDGs) later this year, IMF Deputy Managing Director Min Zhu, at the Spring Meetings debate, addressed concerns that the goals may be too ambitious.
April 15, 2015
Global financial stability risks have risen since October 2014, and have rotated to parts of the financial system where they are harder to assess and harder to address, according to the International Monetary Fund’s latest Global Financial Stability Report.
April 08, 2015
International banks now rely relatively more on lending by foreign affiliates than on cross-border lending. This development may have made financial systems in host countries safer, according to new research from the International Monetary Fund.
March 23, 2015
Amid concerns over a “new mediocre” in the global economy, trade should be seen as an integral part of the plan for increasing global growth over the medium term, the IMF says in its regular five-year review of trade, that also discusses key issues for the IMF’s work agenda.
February 04, 2015
Rapid expansion of cross-border banking in Africa in recent years poses oversight challenges that, if unaddressed, may increase systemic risks, IMF staff say. A recent report adds that pan-African banks are now more important than the continent’s long-established European and American banks.
December 23, 2014
Countries of the Gulf Cooperation Council will have to adjust the incentives of workers and firms to encourage them to work and produce in the non-oil tradable sector if these economies are to succeed in diversifying their economies, a new IMF study says.
November 05, 2014
Increasing access to finance for small-and-medium (SME) enterprises is vital for Europe to support a firm recovery and enhance the growth and employment outlook, according to a recent seminar on SME financing.
October 08, 2014
Policymakers are facing a new global imbalance: not enough economic risk-taking in support of growth, but growing excesses in financial risk-taking, the IMF said in its latest Global Financial Stability Report.
October 01, 2014
Banks with more independent boards of directors that pay executives according to long-term performance tend to incur fewer risks, according to new research from the International Monetary Fund’s latest Global Financial Stability Report.
April 17, 2015
Having worked for years to tame inflation, the world’s central banks are now facing an increasing challenge to reawaken it. In a Spring Meetings seminar, top economists discussed the causes of low inflation, the tools to raise it and implications for global currency movements.
April 09, 2015
To prevent a period of protracted low growth from taking hold, policymakers should work together to pick up the pace of the recovery and create more growth now and in the future, IMF Managing Director Christine Lagarde said in a speech at the Atlantic Council on April 9.
April 08, 2015
Even simple investment funds such as mutual funds can pose financial stability risks, and regulators need to know more about them through hands-on supervision, and better data and oversight, according to new research from the International Monetary Fund.
March 19, 2015
Several features of countries’ banking systems can amplify effects of banking sector vulnerabilities on governments, and ultimately the fiscal costs of banking crises. When large banking expansions unravel in systemic banking crises, public finances tend to take a significant hit.
January 29, 2015
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.
October 15, 2014
Public infrastructure investment can boost both short-term and long-term growth in countries across the development spectrum, provided that the investment raises the economy’s productive capacity, participants agreed at a conference.
October 08, 2014
At a time when job creation sits atop the policy agenda globally, fiscal policies can help support job creation—although designing the right policies will depend on conditions in individual countries, says the IMF’s latest Fiscal Monitor.
October 01, 2014
Shadow banking is both a boon and a bane for countries, and to reap its benefits, policymakers should minimize the risks it poses to the overall financial system, according to the International Monetary Fund’s latest Global Financial Stability Report.
August 07, 2014
Transparency is critical for effective fiscal management, and helps ensure that governments have an accurate picture of their finances when making economic decisions, including of the costs and benefits of policy changes and potential fiscal risks.