Economic growth in sub-Saharan Africa this year is set to drop to its lowest level in more than 20 years, reflecting the adverse external environment, and a lackluster policy response in many countries.
This issue focuses on the ongoing adjustment to cheaper oil and subdued economic activity for oil-producing countries, as well as the weak and fragile recovery in the Caucasus and Central Asia region.
This issue examines the extent and makeup of global debt and asks what role fiscal policy can play in facilitating the adjustment. It goes beyond previous studies by drawing on an expanded data set.
There is an urgent need to raise global growth, strengthen the foundations of the global financial system, and bolster confidence.
Global growth is projected to remain modest in 2016. The recovery is expected to gather some pace in 2017 and beyond, driven by emerging market and developing economies.
This past fiscal year, the IMF approved $9.2 billion in new loans to 16 countries and increased spending on capacity development for the sixth straight year, to $256 million.
This book discusses attempts at diversification in the Middle East and North Africa and the complex choices policymakers face.