Raphael Lam

Mr. Lam is a Deputy division chief at the Department of Fiscal Affairs of the IMF. He has led several IMF flagship publications on Fiscal Monitor and coauthored the IMF departmental paper on EU economic governance reforms. His division contributes to the country review of fiscal rules issues and compiles the IMF databases in Fiscal Rules and Fiscal Councils. He led several IMF missions on the design and calibration of fiscal rules and frameworks in Europe, Latin America, and Central Asia. Previously he was the IMF Resident Representative in China and participated in the IMF programs in several countries. Mr. Lam received his Ph.D. in economics from University of California, Los Angeles

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Contents

• Fiscal Rules Foster Stability as Spending Pressures Grow
  • Published: September 25, 2025
  • Authors: Era Dabla-Norris, Raphael Lam, Francisco Roch
  • Summary: Prudent anchors, corrective mechanisms, and supportive institutions can help countries comply with their fiscal rules and commit to sound public finances
• Global Public Debt Is Probably Worse Than it Looks
  • Published: October 15, 2024
  • Authors: Era Dabla-Norris, Davide Furceri, Raphael Lam, Jeta Menkulasi
  • Summary: Elevated risks to public debt call for enduring and carefully designed fiscal adjustments
• Countries Must Contain Global Warming While Keeping Debt in Check
  • Published: October 2, 2023
  • Authors: Era Dabla-Norris, Ruud de Mooij, Raphael Lam, Christine Richmond
  • Summary: Managing the climate transition calls for a fiscal balancing act with the right mix of policies.
• Fiscal Policy Can Help People Rebound From Cost of Living Crisis
  • Published: October 12, 2022
  • Authors: Vitor Gaspar, Raphael Lam, Paolo Mauro, Roberto Piazza
  • Summary: Countries should prioritize protecting the vulnerable through targeted support while keeping a tight fiscal stance to help fight inflation
• Pandemic Tests Resilience and Credibility of Fiscal Rules
  • Published: January 27, 2022
  • Authors: Paulo Medas, Raphael Lam
  • Summary: Record debt and deficits during the pandemic prompted many nations to suspend their fiscal rules.
• Tailoring Government Support
  • Published: April 7, 2021
  • Authors: Vitor Gaspar, Paolo Mauro, Raphael Lam, Mehdi Raissi
• Government Support Is Vital as Countries Race to Vaccinate
  • Published: January 28, 2021
  • Authors: Vitor Gaspar, Raphael Lam, Paolo Mauro, Mehdi Raissi
• Tracking the $9 Trillion Global Fiscal Support to Fight COVID-19
  • Published: May 20, 2020
  • Authors: Bryn Battersby, Elif Ture, Raphael Lam
• Fiscal Policies for the Recovery from COVID-19
  • Published: May 6, 2020
  • Authors: Vitor Gaspar, Raphael Lam, Mehdi Raissi
• Fiscal Policies to Contain the Damage from COVID-19
  • Published: April 15, 2020
  • Authors: Vitor Gaspar, Mehdi Raissi, Raphael Lam
• A Map of Inequality in Countries
  • Published: November 6, 2019
  • Authors: William Gbohoui, Raphael Lam, Victor Lledo
• With China Slowing, Faster Reforms Critical to Generate Jobs
  • Published: September 16, 2015
  • Authors: Xiaoguang Liu, Alfred Schipke, Raphael Lam

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Source: https://www.imf.org/en/blogs/authors/raphael%20lam