World Economic Outlook, October 2019: Global Manufacturing Downturn, Rising Trade Barriers

Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

International Monetary Fund Annual Report 2019: Our Connected World

The global economy is at a delicate moment. The expansion of early 2018 has lost momentum, in large part in response to rising trade tensions. There are threats from rising financial vulnerabilities and geopolitical uncertainties. These challenges call for policymakers to avoid missteps and to take the right policy steps: at home, across borders, and globally.

Global Financial Stability Report, October 2019 : Lower for Longer

The October 2019 Global Financial Stability Report (GFSR) identifies the current key vulnerabilities in the global financial system as the rise in corporate debt burdens, increasing holdings of riskier and more illiquid assets by institutional investors, and growing reliance on external borrowing by emerging and frontier market economies.

Fiscal Monitor, October 2019 : How to Mitigate Climate Change

This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies.

Advancing the Frontiers of Monetary Policy

This book explores first principles, including managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of Canada, the Czech Republic, and India.

The Future of China's Bond Market

This book comprehensively analyzes the different segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China's offshore market, which has played a major role in onshore market development.

Brazil : Boom, Bust, and Road to Recovery

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful.

The ASEAN Way : Sustaining Growth and Stability

The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN­5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies.

 

What's new

March 16, 2020

Policy Steps to Address the Corona Crisis

Check out the newly released IMF policy paper Policy Steps to Address the Corona Crisis.

March 5, 2020

Finance & Development

Now available online Finance & Development, March 2020, focusing on demographics and economic well-being.