Tag Archives: International Monetary Fund
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Part I of IV: Why energy subsidies still exist despite inefficiencies

GRI Series on energy subsidies: Despite resolve to remove them, governments around the world continue to subsidize energy production and consumption. This series explores why. At the G20 Leader’s summit in 2009, member countries shifted their focus from containing the global financial crisis to rebuilding global growth. Among the measures taken, the G20 committed to phasing […]

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Christine Lagarde IMF

IMF pushes for Ukraine reforms as part of aid package

In response to the recent turmoil in Ukraine, the IMF is working to extend financial assistance but will likely ask for reforms in the public, business and energy sectors. The International Monetary Fund (IMF) dispatched a “fact finding” mission to Ukraine the first week of March to consult on a financial program to support the […]

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EU accession key to Serbia’s economic future

Serbia hopes that European Union entry will lift it out of economic crisis and into prosperity. Deteriorating public finances and conflicts with neighbors, however, undermine confidence in a smooth accession. The European Union has begun accession talks with Serbia, with the goal of finishing negotiations by 2018 and joining forces by 2020. The former Yugoslav […]

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Cambodian protests highlight deeper corruption issues

Recent surveys have ranked Cambodia highly on the corruption index and low on investor attractiveness within the ASEAN region. The recent spate of protests are reinforcing the obstacles that Cambodia still has to face to boost its economic development and instate its position as a nation attractive to foreign investors. The latest protests in Phnom […]

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Jordan’s economy weathers the storm of Syrian refugees

Handling the influx of Syrian refugees into Jordan requires a significant commitment of resources. Will the demands of this situation ultimately prove detrimental? Or will they in fact stimulate the Jordanian economy? The Za’atari refugee camp on the northern border of Jordan encapsulates the problems and opportunities the Jordanian economy is facing. Formerly a small […]

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IMF forecasts Russian economic slowdown

Questions arise over the long-term viability of the Russian economy after the IMF downgrading of Russia’s GDP forecast from an estimated 2.5 to 1.5 percent in 2013 and 3.25 to 3 percent in 2014. This followed an internal forecast from the Russian Ministry of Economic Development, which slashed the country’s predicted growth rate to 2.5 […]

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IMF conference paper links currency depreciation to post-crisis growth

A new paper presented at the IMF’s Annual Research Conference suggests that emerging markets should counter liquidity problems from capital outflows with currency depreciation and reserve sales. Read the full IMF report here. Political risk can be a difficult concept to pin-point as the effects of a policy change might not have immediate effects but still greatly […]

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IMF predicts a world economy in transition

State of the world economy In the October 2013 edition of the World Economic Outlook, a biannual report on the state of the world economy, the International Monetary Fund presents a somewhat downbeat assessment, trimming down its global growth forecast from 3.2% to 2.9% for this year. However, according to IMF estimates, as advanced economies […]

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What Will Common Unemployment Benefits Mean for the EU?

The IMF announced last Wednesday that the EU should take another step towards becoming more integrated. There is a great theoretical debate around whether it would be possible to make the EU more of a supranational state. The debate revolves around issues of identity, nationalism and democratic deficits. The IMF’s suggestion, however, contributes to a […]

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Troika’s Greece Policy Is Still Not Working

Representatives of the troika – from the European Commission, European Central Bank and International Monetary Fund – are back in Athens for another review of progress in fiscal adjustment and structural reforms. Their strong posture demonstrated on similar occasions in the past has been paradoxical. One might not expect such confidence given the substantial evidence […]

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