IMFSurvey Magazine: Interview
November 25, 2015
At a recent IMF forum, George Akerlof, 2001 Nobel Laureate in Economics, discussed his new book, Phishing for Phools, which is based on the idea that free market forces can produce systemic harm by exploiting human weaknesses.
August 14, 2015
Spain enjoys a remarkable rebound in economic activity, but sustaining job-rich growth over the medium term will require continued policy efforts, says the IMF’s annual review of the country.
July 17, 2015
In a continuation of their ongoing work on inequality, IMF economists have found a decline in unionization and the erosion of minimum wages to be associated with rising inequality in advanced economies. But these findings are not necessarily a blanket recommendation for higher unionization and minimum wages.
June 23, 2015
Cyprus has made good progress in implementing its economic program, notably reforms to ease the burden of bad loans. In the first quarter of 2015, the nation returned to positive growth for the first time in four years.
May 19, 2015
The West Bank and Gaza will need policy discipline and donor support in the short run, but a new financing model will be essential over the medium term for sustained private-sector-led growth, the IMF says.
March 13, 2015
Iceland has rebounded after the 2008/9 crisis and will soon surpass pre-crisis output levels with strong performance in tourism and fisheries. Debt ratios are down, balance sheets have broadly been restored, and the financial sector is back on track although some important items remain on the docket.
February 23, 2015
The Moroccan economy is faring better due to significant progress in implementing economic reforms, but the country should sustain efforts to maintain gains and achieve higher and inclusive growth, the IMF said in its latest annual assessment of the economy and first review of the liquidity line that Morocco obtained from the global lender in 2014.
February 05, 2015
The IMF will provide grants totaling $100 million to be used as debt relief to the three countries worst hit by the Ebola epidemic. Guinea, Liberia, and Sierra Leone will use the funds to cover the cost of servicing their debt.
October 13, 2015
The Democratic Republic of the Congo exemplifies the difficulty that many developing countries have in transforming mineral wealth into inclusive growth. The IMF's latest annual economic assessment indicates that while growth rates for 2014 were as high as 9.2 percent, poverty rates in the DRC are among the highest in the world.
July 28, 2015
If the world’s largest economies took steps to reduce excess external imbalances, they could improve prospects for sustained global growth and financial stability, according to a new IMF analysis.
July 14, 2015
While lower oil prices can mean significant losses in revenue for some oil exporting countries, consumers should be paying less for fuel and have more money to spend. IMF’s Aasim Husain says the higher spending will be good for global growth.
May 15, 2015
Good data can help policymakers identify and manage financial vulnerabilities. And while the quality of data from advanced economies is getting better and more accessible to the public, data from some developing countries is often lacking altogether.
February 11, 2015
Following four years of political uncertainty and economic slowdown, Egypt has chosen a path of adjustment and reform which, if followed resolutely, will lead to economic stability and growth, the IMF said in its first comprehensive assessment of the North African nation’s economy since 2010.
December 22, 2014
While banks in the GCC countries are generally well capitalized, it is difficult for them to have a truly diversified credit portfolio given the structure of their economies, which exposes them to risks that require a greater amount of scrutiny, a new IMF study finds.
April 29, 2014
Making strides in economic transformation has become increasingly important as the Arab Countries in Transition—Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen—continue to chart their political paths, says Masood Ahmed, IMF Middle East Department Director in an interview.