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Domestic Market Integration and the Law of One Price in Brazil

Author/Editor: Carlos Góes and Troy Matheson
Well-integrated domestic markets assure higher economic specialization and efficiency. A new IMF paper finds that the Brazilian domestic market integration is limited, with divergences in goods prices across metro-areas taking a long time to dissipate. This suggests there are barriers to domestic trade and addressing them could provide economic gains. Read more...


News Shocks in Open Economies: Evidence from Giant Oil Discoveries

Author/Editor: Rabah Arezki, Valerie A Ramey, and Liugang Sheng.
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output. After an oil discovery, the current account and saving rate decline for the first 5 years and then rise sharply during the ensuing years. Investment rises robustly soon after the news arrives, while GDP does not increase until after 5 years. Employment rates fall slightly for a sustained period of time. Read more...


Unconventional Monetary and Exchange Rate Policies

The Sixteenth Jacques Polak Annual Research Conference was held at IMF headquarters in Washington DC on November 5–6, 2015. The theme of this year's conference was "Unconventional Monetary and Exchange Rate Policies." Read the papers and presentations and watch the videos of the sessions


IMF Global Housing Watch

The Global Housing Watch is a webpage that tracks developments in housing markets across the world on a quarterly basis. The Housing Watch provides current data on house prices as well as metrics used to assess valuation in housing markets, such as house price-to-rent and house-price-to-income ratios. Access the data and read the latest report.


World Economic Outlook

Adjusting to Lower Commodity Prices, October 2015

WEO data forum | Database

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Global Financial Stability Report

October 2015

Vulnerabilities, Legacies, and Policy Challenges

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Fiscal Monitor

October 2015

Now Is the Time: Fiscal Policies for Sustainable Growth


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Regional Economic Reports

October 2015

Discuss recent economic developments and prospects for countries in various regions.

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G-20 Surveillance Notes
G-20 Surveillance Notes

Notes provided by the IMF staff ahead of a series of meetings held by the G-20 deputies and ministers.

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SDR Rates for December 1 SDR Interest Rate = 0.727843 | 1 USD = 0.050% MORE

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Commodity Prices

commodity prices

Commodity Market Reviews, Prices & Forecasts, Commodity Market Monthly and more.

Macro Research for Development

An IMF-DFID Collaboration

Having weathered the 2008-09 financial crises, most low-income countries (LICs) have reported steady growth since early 2010.

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Researchers at the IMF

Sampawende J-A. Tapsoba, Fiscal Affairs Department
IMF Researcher

Sampawende J-A. Tapsoba works in the Fiscal Affairs Department and has experience on a variety of advanced, emerging, and low-income countries. He holds a PhD in International Economics from Clermont School of Economics (France). His research interests cover international and development economics including inclusive growth, fiscal and monetary policies, regional integration, and foreign aid. He published in academic and policy journals including African Development Review, Economic Modelling, Economics Bulletin, Journal of African Economies, Review of Development Economics, and The World Economy. Read more

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