Tag Archives: IMF
Source: Wikimedia Commons

3 reasons economists keep forecasting growth wrong

The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for the US’ growth in 2014 last week, both bodies pointed to the terrible winter weather (that brought the term ‘Polar Vortex’ into the nation’s vocabulary) […]

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4 challenges facing Egypt’s new president Sisi

Egypt’s newly elected President, Abdel Fattah al-Sisi, inherits a nation embattled by years of turmoil and instability. A bleak economic situation and continued crackdown on opposition and militant attacks are likely to define his time in office. Following Mubarak, Morsi, and military rule, the Republic of Egypt has once again redefined its political landscape with […]

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Aleksandar_Vucic_in_Pentagon; Source: Leon E. Panetta via Wikipedia

Despite setbacks, Serbia sees increased entrepreneurship

As Serbia recovers from devastating floods in May, Belgrade has a flourishing network of young entrepreneurs taking hold. This could provide many lucrative opportunities as the country prepares to join the EU. The images of devastation in the northwest town of Obrenovac show the scale of Serbia’s historic natural disaster.  The new government of Prime Minister Aleksandar […]

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US Decline Series: Financial sector health makes US a sound investment

The US regulatory response to the crisis has resulted in a stronger market and equipped the US to deal with future crises. This GRI series challenges the myth of the American decline. Despite being half a decade removed from the global financial crisis, concerns remain about the health of financial systems in advanced countries. A closer […]

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Reverse of the one-dollar bill; Source: user-contributed image to Wikimedia Commons

US Decline Series: Are the dollar’s days as reserve currency numbered?

Despite speculation that the days of the US dollar as the world’s reserve currency will soon be over, a number of factors make such a changing of the guard unlikely. This GRI series challenges the myth of the American decline. The dollar was crowned as the king international method of payment and unit of account in the […]

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Myanmar Mandalay Temple Kutho Daw Pagoda; Source: DANIEL JULIE via Wikipedia

Is Myanmar a new El Dorado for foreign investors?

Myanmar (formerly known as Burma) moved from a 50-year-long military regime to budding civilian rule in 2011. The political transformation has initiated social and market reforms and has piqued foreign investors’ interest in one of the last Asian frontier markets to open. Having moved from being one of the richest countries in Asia before World War II to one of […]

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Russia debt crisis

Russia faces expanding regional debt crisis

Recent data released by Russia’s Court of Accounts indicates that the country’s regional governments are facing crisis situations with regional debts. In the past year, the level of total regional debt has doubled to 642 billion rubles, 3.3 times higher than had been expected from the Ministry of Finance. The number of regions that have […]

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Protests in Ukraine; Source: Helgi via Wikipedia

IMF approves support program for Ukraine, but risks could derail it

The $17 billion package will support fiscal adjustment and increased competitiveness. But the threat of losing control of Eastern Ukraine and risks in implementation make stability far from certain. The International Monetary Fund (IMF) approved a two-year, $17.01 billion economic support package for Ukraine on April 30, with just over $3 billion slated for immediate […]

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Dodd-Frank

“Too Big to Fail” banks enjoy lower funding costs despite stronger regulations

Implicit subsidies for large systemic banks has come down since the crisis but it is still higher than before, reflecting an ongoing perception of government support for the largest banks. While the US economic recovery has strengthened recently, the effects of the financial crisis and subsequent government intervention still linger. The problem of “too big to […]

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Abuja Nigeria

Nigeria becomes Africa’s largest economy after GDP revision

Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for 2013. At the beginning of April, Nigeria overtook South Africa as the largest economy on the continent, nearly doubling its GDP through a statistical revision. […]

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