How To Notes
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June 21, 2024
Navigating Fragmentation, Conflict, and Large Shocks
Gita Gopinath discusses the impacts of Russia’s invasion of Ukraine on Ukraine, neighboring countries, and the global economy at the NBU-NBP Annual Research Conference, highlighting increased fragmentation, higher defense spending, and implications for monetary policy in a more shock-prone environment. She emphasizes the need for central banks to adapt their strategies and the importance of coordinated fiscal, financial, and structural policies to support macroeconomic stability.
January 30, 2025
Research at the IMF
The International Monetary Fund's (IMF) Research Department conducts studies on global economic issues pertinent to the IMF's mission. The department's primary functions include analyzing economic trends, providing policy advice, and publishing research findings.
January 30, 2025
International Monetary Fund (IMF)
The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The IMF is governed by and accountable to its member countries.
Le FMI et les autorités camerounaises sont parvenus à un accord au niveau des services sur les septièmes revues des programmes au titre de la facilité élargie de crédit (FEC) et du mécanisme élargi de crédit (MEDC), ainsi que sur la deuxième revue du programme au titre de la facilité pour la résilience et la durabilité (FRD).
The IMF and the Cameroonian authorities have reached a staff-level agreement on the seventh reviews of the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF), as well as the second review of the Resilience and Sustainability Facility (RSF).
January 30, 2025
How to Measure the Monetary Stance
This note provides a conceptual framework to organize discussions of the appropriateness of the monetary policy stance and presents tools that country teams can employ to measure, report, and evaluate the stance of monetary policy. The note focuses exclusively on aggregate demand considerations—on whether the stance is tight or loose—without considering whether such a stance is appropriate for achieving policy objectives. The latter requires considering aggregate supply and Phillips Curve trade-offs. The note does not cover other macroeconomic policies, such as macroprudential or fiscal measures, which could also have a considerable impact on the effectiveness of monetary policy.
January 30, 2025
IMF Data
ACCESS TO ECONOMIC AND FINANCIAL DATA
January 30, 2025
South Africa: Selected Issues
2024 Selected Issues
January 30, 2025
South Africa: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Africa
A new Government of National Unity (GNU) has been in place since June 2024, which the markets have welcomed. The GNU faces difficult challenges: declining GDP per capita, high unemployment, poverty and inequality, and rising public debt and debt service, which crowd out other urgent spending needs. Its fresh mandate represents an opportunity to pursue ambitious reforms to safeguard macroeconomic stability and address these challenges, placing the economy on a path toward higher, more inclusive, and greener growth.
January 15, 2025
The Economics of AI: Jobs, Growth, and Existential Risk
The Economics of AI: Jobs, Growth, and Existential Risk Seminars 2025-01-30 economics of AI Download iCalendar file Flyer
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