Europe’s defense spending is undergoing a historic shift. With NATO members expected to reach 2% of GDP and discussions ...
The Executive Board of the International Monetary Fund (IMF) today completed the ninth and tenth reviews under the Extended Credit Facility (ECF) arrangement for Guinea-Bissau.
The Spanish economy has continued to perform strongly, expanding significantly faster than euro area peers. Notwithstanding the adverse effect and heightened uncertainty from the conflict in the ...
In light of recent global shocks and rising external volatility, there is a growing need to effectively monitor short-term economic fluctuations, especially in countries with limited access to ...
This paper estimates debt overhang thresholds separately for 105 countries using a Kalman Filter approach applied to a standard growth model. The results reveal pronounced heterogeneity in the ...
Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the ...
This paper develops a methodology to assess the impact of a trade diversification strategy on aggregate import costs. Using granular bilateral import data for The Bahamas, we estimate that ...
Imagine you go to pay for your morning coffee and your stored-value card returns an error message, or the wallet in the payments app on your phone isn’t opening ...
With each passing year, the stark reality of a hotter planet becomes clearer and the ensuing risks to the global economy intensify. But as the world is waking up to the scale of the climate crisis, ...
IMF staff and the Seychellois authorities reached a staff-level agreement on the policies needed to complete the two final reviews under the 36-month Extended Fund Facility and Resilience and ...
The Solomon Islands economy is estimated to have grown by 3.5 percent in 2025, driven by agriculture and gold production. The conflict in the Middle East, if prolonged, would weigh on economic ...
Against the backdrop of improved macroeconomic stability and Lao People’s Democratic Republic (Lao PDR)’s ambition to achieve upper-middle-income (UMI) status by 2035, this paper examines the impact ...