An intensification of trade or geopolitical tensions – with negative repercussions for global growth and risk appetite – could affect economies that are highly dependent
Harvard is famous for being an ‘absorbing state’ for faculty with almost no one leaving it for another institution, which is why the decision of
Across all economies, the imperative is to take actions that boost potential output, improve inclusiveness, and strengthen resilience.
Having a proper understanding of countries’ external positions – current accounts, stock positions, and currencies – is critical to highlight policymakers’ shared responsibility to tackle
Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting
There is a need for greater multilateral cooperation to resolve trade conflicts, to address climate change and risks from cybersecurity, and to improve the effectiveness
By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems among
The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity,
To help resolve conflicts, the rules-based multilateral trading system should be strengthened and modernized to encompass areas such as digital services, subsidies, and technology transfer.
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