This paper aims to inform policymakers, and other interested parties, about the IMF's approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position...

The study serves as a background document for the European Commission and is conducted in close cooperation with the ZEW Mannheim. The main tasks are to define the concept of competitiveness at the micro, meso, and macro levels of economic activity, to establish a set of indicators that is...

The study serves as a background document for the European Commission and is conducted in close cooperation with the ZEW Mannheim. The main tasks are to define the concept of competitiveness at the micro, meso, and macro levels of economic activity, to establish a set of indicators that is...

This note provides a set of high-level recommendations that can guide national regulatory and supervisory responses to the COVID-19 (coronavirus) pandemic and offers an overview of measures taken across jurisdictions to date. The banking sector plays a critical role in mitigating the...

The EU is deliberating the introduction of an explicit ""European mandate"" for financial sector supervisors to supplement national mandates. Suggestions are made on (i) the formulation of a European mandate; (ii) the policy areas to which it should apply; (iii) which institutions should be given...