In advanced economies, the pace of fiscal consolidation will slow in 2014. Deficits remain above pre-crisis levels in emerging markets, while fiscal space is shrinking in many low-income countries.
As the U.S. transitions to a less accommodative monetary policy stance, global financial conditions are tightening, which poses new challenges in some emerging markets.
This WEO analyzes financial volatility in emerging markets, lower-than-expected inflation in advanced economies, and the withdrawal of monetary accommodation.
This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world.
This volume provides a number of guideposts that offer an opportunity for stronger and better-balanced growth and employment in Europe after what has been a long and dismal period of crisis.
The book covers a wide range of crises, including banking, balance of payments, and sovereign debt crises.
This book provides an overview of the issues central to securing a safer financial system for the European Union.