Europe’s defense spending is undergoing a historic shift. With NATO members expected to reach 2% of GDP and discussions ...

Artificial intelligence is an emerging source of productivity and economic growth that’s also reshaping employment and investment. AI has the potential to raise the average pace of annual global ...

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 ...

Why is the IMF concerned about money laundering and terrorism financing? The IMF is concerned about the consequences of money laundering, terrorism financing, and proliferation financing (providing ...

Emerging market economies have held up remarkably well in recent years, even after periods of global financial turbulence. While favorable external conditions (in other words, good luck) often helped, ...

Uncertainty is not as easily measured as traditional indicators like growth or inflation, but economists have built some reliable proxies. One of the best-known gauges is the Economic Policy ...

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 ...

Central bankers today face many challenges to their independence. Calls are growing for interest-rate cuts, even if premature, and are likely to intensify as half the world’s population votes this ...

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 ...