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Over the past decade, global output has grown by more than 3 percent a year and inflation has slowed in most regions. The fruits of this growthhave not been shared equally, however, and income disparities have grownin many countries, developed as well as developing. One of the mostpressing...
Persistent link: https://www.econbiz.de/10014409385
The global economy is at another highly uncertain moment: tentative signs of stabilization earlier this year have receded, and the outlook is increasingly risky and uncertain. At the same time, divisions within and across countries are deepening, exacerbated by rising fragmentation. Strong...
Persistent link: https://www.econbiz.de/10015059530
The global policy agenda that follows recalibrates priorities to meet the new reality we are facing. The IMF also continues to adjust to respond to the rapidly evolving needs of our membership. Our flexibility has been evident over the past two years of the COVID crisis: unprecedented emergency...
Persistent link: https://www.econbiz.de/10015060477
Crisis response to date. As the world economy has become engulfed in the worst crisis in many generations, the Fund has …
Persistent link: https://www.econbiz.de/10014410075
This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and...
Persistent link: https://www.econbiz.de/10014396358
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …
Persistent link: https://www.econbiz.de/10014402377
This 2008 Article IV Consultation highlights that Japan’s external position remains strong. The current account surplus … the increased amounts and frequency of the Bank of Japan’s (BoJ) liquidity operations. The near-term economic outlook is …
Persistent link: https://www.econbiz.de/10014403566
Japan’s economy is gaining strength, but vulnerability to sovereign risk is rising. The new government has a greater …. Global events have focused on Japan’s fiscal problems, and raised the urgency for fiscal adjustment. Easing measures by the … Bank of Japan (BoJ) will help recovery and address the risks of deflation. The banking sector has improved, but faces a …
Persistent link: https://www.econbiz.de/10014403716
Fiscal policy has been strongly expansionary for most of the past decade in Japan. The resulting strain on public … structural reform and deregulation in Japan …
Persistent link: https://www.econbiz.de/10014404455
This 2007 Article IV Consultation highlights that Japan’s external position remains strong. Boosted by investment … income, the current account surplus widened in 2006 to nearly 4 percent of Japan’s GDP, despite a shrinking trade balance …
Persistent link: https://www.econbiz.de/10014404679