The IMF, at the forefront in recommending the policy response to the global economic crisis, has entered the debate about how macroeconomic policy should be adjusted in the future, drawing lessons from the worst global recession in 60 years.
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As the crisis slowly recedes, the IMF has started to reassess the conduct of macroeconomic policy.
The Fund has just published a paper, “Rethinking Macroeconomic Policy,” part of a series of policy papers prepared by IMF staff reassessing the macroeconomic and financial policy framework in the wake of the devastating crisis. Several of the papers will [...]
India’s economy is rebounding strongly, ahead of most countries in the world, with growth approaching pre-crisis levels, but policy trade-offs are also coming to a head and the IMF sees conditions as ripe for a return to fiscal consolidation.
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By Marek Belka
As the deep recession in Europe’s emerging market countries finally comes to an end, the question on everyone’s minds is where growth in the region will come from in the years ahead. Exports are rebounding, and domestic demand is showing signs of stabilization. Most countries will see positive GDP growth this year—a stark difference [...]
In a bid to target concessional financing to the countries in greatest need, the IMF has reviewed the rules it uses to decide whether member states are eligible for concessional loans.
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In a bid to target concessional financing to the countries in greatest need, the IMF has reviewed the rules it uses to decide whether member states are eligible for concessional loans.
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In a bid to target concessional financing to the countries in greatest need, the IMF has reviewed the rules it uses to decide whether member states are eligible for concessional loans.
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U.S. households are saving more and spending less of their total income, in reaction to the global crisis, according to a new IMF study.
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U.S. households are saving more and spending less of their total income, in reaction to the global crisis, according to a new IMF study.
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U.S. households are saving more and spending less of their total income, in reaction to the global crisis, according to a new IMF study.
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