Asia and Pacific: Resilient Growth but Higher Risks

Regional Economic Outlook

Short-term prospects for Asia and the Pacific have improved slightly, even though growth is still expected to moderate in 2024 and 2025. Risks have increased, including geopolitical tensions and uncertainty about the strength of global demand.

Asia and Pacific: Resilient Growth but Higher Risks

Navigating the Evolving Geoeconomic Landscape

Middle East and Central Asia Regional Economic Outlook

The global economic landscape faces significant challenges, including from geoeconomic fragmentation. In the Middle East and North Africa and Caucasus and Central Asia regions, economies are facing shifting trade patterns while also dealing with frequent shocks from conflicts and climate change.

Navigating the Evolving Geoeconomic Landscape

Rebalancing Policies and Pressing on with Reforms

Western Hemisphere Regional Economic Outlook

After successfully weathering a series of shocks, most countries in the region are converging to their (tepid) potential. Growth is expected to moderate in late 2024 and 2025, while inflation is projected to continue easing, although gradually.

Rebalancing Policies and Pressing on with Reforms

Reforms Amid Great Expectations

Sub-Saharan Africa Regional Economic Outlook

Countries are implementing reforms to reduce imbalances with varied progress. Growth is subdued, financing is tight, socio-economic challenges fuel social frustration. Protecting the vulnerable and effective governance are crucial for public support of needed reforms.

Reforms Amid Great Expectations

A Recovery Short of Europe's Full Potential

Regional Economic outlook

Europe’s economy is recovering, benefiting from a strong response to crises. Yet, the recovery is falling short. Uncertainty about the persistence of core inflation, policy directions, and geopolitical conflicts is dampening domestic demand and weighing on potential growth.

A Recovery Short of Europe's Full Potential

Secure A Soft Landing And Break From The Low Growth–High Debt Path

The Managing Director's Global Policy Agenda

The global economy has proven resilient, and a soft landing is within reach. Inflation has moderated thanks to tight monetary policy and fading supply shocks, and growth is expected to remain steady. But uncertainty remains significant, with risks tilted to the downside.

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Fiscal Monitor: Putting a Lid on Public Debt

Our latest edition of the Fiscal Monitor, "Putting a Lid on Public Debt," quantifies the risks surrounding public debt outlook and sets out policies to rebuild fiscal buffers to address those risks.

Fiscal Monitor: Putting a Lid on Public Debt

Global Financial Stability Report: Steadying the Course: Uncertainty, Artificial Intelligence, and Financial Stability

The October 2024 issue of the Global Financial Stability Report, "Steadying the Course: Uncertainty, Artificial Intelligence, and Financial Stability," delves into the financial vulnerabilities and imbalances challenging financial stability.

Global Financial Stability Report: Steadying the Course: Uncertainty, Artificial Intelligence, and Financial Stability

World Economic Outlook: Policy Pivot, Rising Threats

October 2024

The October 2024 edition of the World Economic Outlook – "Policy Pivot, Rising Threats" – finds global growth is expected to remain stable yet underwhelming. Find out the latest global growth forecasts and prospects for the world economy in the full report

World Economic Outlook: Policy Pivot, Rising Threats

Green Jobs and the Future of Work for Women and Men

The shift to green jobs hinges on climate policies and workers' adaptability. Economies with more STEM-educated workers and gender equality transition faster. Gender wage gaps persist, emphasizing the need for inclusive policies. AI could benefit workers in green jobs.

Green Jobs and the Future of Work for Women and Men

IMF Annual Report 2024: Resilience in the Face of Change

The report showcases IMF's efforts on global challenges, such as safeguarding macroeconomic stability, achieving fiscal sustainability, meeting inflation targets, and embracing transformative developments. It includes financial statements for FY 2024 and background documentation.

IMF Annual Report 2024: Resilience in the Face of Change

Finance & Development: Productivity and How to Revive It

September 2024

Productivity must play a more important role in driving sustained economic growth as our societies age. But there’s no consensus on how to reverse a productivity slowdown seen over the past 20 years. This issue of F&D brings together leading economists to explain stalled productivity growth, how to counter these trends, and how to spark economic dynamism.

Finance & Development, September 2024: Productivity and How to Revive It

Climate Change Challenges and Opportunities in Latin America and the Caribbean

This new book offers a systematic overview of climate change challenges and opportunities for Latin America and the Caribbean and the instruments available at the disposal of the regional policy makers. It offers an analysis of the impact of mitigation policies on growth and labor markets in a large sample of countries and a novel analysis of the adaptation issues in the region, including the impact on the financial sector.

Climate Change Challenges and Opportunities in Latin America and the Caribbean

Broadening the Gains from Generative AI: The Role of Fiscal Policies

Staff Discussion Note

Fiscal policy has a major role to play in broadening the gains to humanity from generative artificial intelligence. A new report by IMF staff provides analysis and guidance for policymakers as they deal with this transformative technology.

Broadening the Gains from Generative AI: The Role of Fiscal Policies

Promoting Gender Equality and Tackling Demographic Challenges

Gender Note: This note summarizes the contrasting demographic trends faced by the world’s economies: aging populations in some regions and growing populations in others and emphasizes that promoting gender equality will mitigate demographic challenges across both scenarios.

Promoting Gender Equality and Tackling Demographic Challenges

 

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