True True 1 1 11 10 True False False Load More Podcast Ruchir Agarwal on the Return of Industrial Policy Industrial policy refers to a set of policies that governments use to bolster national industries or companies deemed strategically important for economic competitiveness, social outcomes, or national security. In this podcast, Agarwal says while the practice of choosing national champions fell out of favor in the 1980s, rising geopolitical tensions of late have sparked a renewed interest in industrial policy, which is often a guise for protectionism. RUCHIR AGARWAL Financial markets | Podcast Global Financial Stability Tested by Higher Inflation and Interest Rates Financial stability never comes easy, but the past few months have been especially challenging with persistently high inflation and two bank failures in the United States that exposed vulnerabilities lurking beneath the surface. FABIO NATALUCCI Economic growth | Analytical Series Industrial Policy and the Growth Strategy Trilemma Is it time to strike a new balance between state intervention and market forces? RUCHIR AGARWAL Monetary policy | March 2023 New Worries for Central Bankers “The job of the central bank is to worry.” That’s how Alice Rivlin described the work of monetary policymakers GITA BHATT Monetary policy | March 2023 Crisis and Monetary Policy The pandemic and war have bred new challenges for global central banks in coming years GITA GOPINATH Energy transition | December 2022 Energy Security and the Path to Green How do nations manage the gap between near-term energy needs and the urgent, but longer-term green goals? GITA BHATT Commodities | December 2022 Pipeline Diplomacy Piotr Naimski explains Poland’s decision to pursue energy independence CHRIS WELLISZ Inflation | Podcast Global Financial Stability: Navigating the High-Inflation Environment Rising risks to the inflation outlook and rapidly changing views about the likely pace of monetary policy tightening have been dominant themes affecting financial stability. FABIO NATALUCCI Financial markets | Podcast Kristalina Georgieva: Navigating a More Fragile World With shock upon shock hitting the world economy in the last three years, IMF Managing Director Kristalina Georgieva's customary opening speech to the Annual Meetings warned of a darker global outlook and emphasized the need for the world to come together to deal with the consequences. KRISTALINA GEORGIEVA Central banks | Podcast François Villeroy de Galhau on the Ethics of Currency In his lecture, Governor de Galhau says today's multiple crises are challenging public trust in central banks. François Villeroy de Galhau KRISTALINA GEORGIEVA Load More See Also Magazine Archives Country Focus Blogs