This tag is associated with 27 posts

Disinflation In EU Countries Outside The Eurozone – IMF

By Plamen Iossifov and Jiri Podpiera Inflation has been falling sharply across Europe since 2012 (see Charts 1 and 2). Across Central and Eastern Europe (CEE), inflation expectations have also drifted down especially among countries who peg their currencies to the euro (Bulgaria, Croatia and Lithuania, which adopted the euro on January 1, 2015), but also … Continue reading

A Big Step Forward for Bolstering Financial Inclusion – IMF

By David Marston, Era Dabla-Norris, and D. Filiz Unsal Economists are paying increasing attention to the link between financial inclusion—greater availability of and access to financial services—and economic development. In a new paper, we take a closer look at exactly how financial inclusion impacts a country’s economy and what policies are most effective in promoting … Continue reading

How Fast Will China Grow?

By Justin Yifu Lin Project Syndicate BEIJING – In the 35 years since China’s transition to a market economy began, the country has grown at an average rate of 9.8% – an explosive and unprecedented rise. But there are signs that the Chinese miracle is coming to an end – or at least that the … Continue reading

Money For Stocks, Zilch For The Economy – Draghi’s “No-Growth” QE – OpEd

By Mike Whitney Let’s say you’re diagnosed with colorectal cancer. But instead of going to a professional for help, you decide to treat yourself with glycerol suppositories and high doses of Vitamin C. Well, then, you’re probably going to die, right? This same rule applies to economics. If you try to reduce unemployment and boost growth by … Continue reading

Learning To Live With Cheaper Oil In The Middle East – IMF

By Masood Ahmed The steep decline in global oil prices, by 55 percent since last September, has changed the economic dynamics of oil exporters in the Middle East and North Africa. Our update of theRegional Economic Outlook, released yesterday, shows that these countries are now faced with large export and government revenue losses, which are … Continue reading

(Yet) Another Year Of Subpar Growth: Latin America And The Caribbean in 2015: IMF

By Alejandro Werner IMF The turn of the year usually brings a fresh dose of optimism. Yet, worries dominate across much of Latin America and the Caribbean today, as 2015 marks yet another year of reduced growth expectations. Regional growth is projected at just 1¼ percent, about the same low rate as in 2014 and … Continue reading

Lowest Chinese Economic Growth In 24 Years

The economic growth of China in 2014 dropped to its lowest level since 1990 with the country just failing to reach the official annual growth target of 7.5 percent for the first time in 16 years. China’s GDP growth at the end of 2014 was 7.4 percent, the country’s worst performance since the 3.8 percent … Continue reading

The Right Choices for 2015 – Christine Lagarde

By Christine Lagarde WASHINGTON, DC – As 2015 begins, policymakers around the world are faced with three fundamental choices: to strive for economic growth or accept stagnation; to work to improve stability or risk succumbing to fragility; and to cooperate or go it alone. The stakes could not be higher; 2015 promises to be a … Continue reading

World Bank Warns On Global Growth

The organization cuts its growth forecast again, and predicts mixed fortunes for the Asia-Pacific in 2015. By Anthony Fensom The World Bank has cut its global growth forecasts again for 2015, warning of further downside risks despite the benefit of cheaper oil. However, mixed fortunes are seen for Asia’s biggest economies, with growth slowing in … Continue reading

Though Often Overlooked, Ties Between Oman And Indonesia Are Helping Growth In Both Countries

By Muhammad Zulfikar Rakhmat Despite the lack of coverage, Indonesia and Oman have become indispensable partners. Their partnership has witnessed a series of quiet, yet important, developments in recent years. Although the ties between Indonesia and Oman can be traced back to the 13th century when Omani traders began to traveling in the Eastern hemisphere, formal … Continue reading

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