Soft Landing in Crosswinds for a Lasting Recovery

Europe Regional Economic Outlook

According to the latest Regional Economic Outlook for Europe, a soft landing is within reach but executing it will require careful monetary policy calibration. Fiscal policy needs to create buffers to tackle future shocks. Raising growth beyond the near-term recovery needs efforts to build more integrated markets with reforms needed at both domestic and regional levels.

Soft Landing in Crosswinds for a Lasting Recovery: Europe Regional Economic Outlook

A Tepid and Pricey Recovery

Sub-Saharan Africa Regional Economic Outlook

The latest economic outlook for Sub-Saharan Africa finds the region is gradually improving, after four turbulent years. However, not all is favorable, and risks remain tilted to the downside. Sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.

Sub-Saharan Africa Regional Economic Outlook, April 2024: A Tepid and Pricey Recovery

An Uneven Recovery amid High Uncertainty

Middle East and Central Asia Regional Economic Outlook

The Middle East and North Africa and the Caucasus and Central Asia regions are positively impacted by the resilience of the global economy. Lower global commodity prices and vigilant policy responses have helped ease inflation in most countries. However, uncertainty and risks have risen amid ongoing conflicts, shipping disruptions, and reduced oil production. This is leading to an uneven recovery across the Middle East and Central Asia, with growth rates varying this year.

An Uneven Recovery amid High Uncertainty: Middle East and Central Asia Regional Economic Outlook

Steady but Slow: Resilience amid Divergence

April 2024 World Economic Outlook

The latest World Economic Outlook reports economic activity was surprisingly resilient through the global disinflation of 2022–23, despite significant central bank interest rate hikes to restore price stability. Risks to the global outlook are now broadly balanced compared with last year.

Steady but Slow: Resilience amid Divergence

The Last Mile: Financial Vulnerabilities and Risks

April 2024 Global Financial Stability Report

Near-term global financial stability risks have receded amid expectations that global disinflation is entering its last mile. However, along it, there are several salient risks and a build-up of medium-term vulnerabilities.

The Last Mile: Financial Vulnerabilities and Risks

Fiscal Policy in the Great Election Year

April 2024 Fiscal Monitor

Even as the global economic outlook is stabilizing, fiscal policy continues to struggle with legacies of high debt and deficits, while facing new challenges. Durable fiscal consolidation efforts are needed to safeguard sustainable public finances and rebuild buffers.

Fiscal Policy in the Great Election Year

Central Bank Digital Currency and Other Digital Payments in Sub-Saharan Africa

This Fintech Note reports key findings from the Sub-Saharan Africa Central Bank Digital Currency (CBDC) and Digital Payments Survey, shedding light on the motivations, benefits, and challenges of CBDC adoption, as well as the developments of digital private money and crypto assets in sub-Saharan Africa.

Central Bank Digital Currency and Other Digital Payments in Sub-Saharan Africa

The US Banking Sector since the March 2023 Turmoil: Navigating the Aftermath

New research by IMF staff offers an analysis of the main attributes of the banks affected by the March 2023 banking sector turmoil to assess the extent to which vulnerabilities persist in a weak tail of banks.

The US Banking Sector since the March 2023 Turmoil: Navigating the Aftermath

Finance & Development, March 2024: Economics - How Should It Change?

This issue of F&D takes a fresh look at the discipline of economics. We invited prominent economists with different perspectives to tell us how the profession can become better at answering 21st century challenges.

Finance & Development, March 2024: Economics - How Should It Change?

The Rise of Digital Money: Implications for Pacific Island Countries

The paper provides an overview of the development of digital money and payment systems in Pacific Island Countries, assessing potential benefits and risks, with a focus on how they can harness digital technology to enhance financial inclusion and payment efficiency while minimizing risks.

The Rise of Digital Money: Implications for Pacific Island Countries

Preparing Financial Sectors for a Green Future: Managing Risks and Securing Sustainable Finance

This new paper offers a unique regional perspective on climate risks in the Middle East and Central Asia financial sectors and outlines the road ahead in transitioning to a green future.

Preparing Financial Sectors for a Green Future: Managing Risks and Securing Sustainable Finance

Unlocking Climate Finance in Asia-Pacific: Transitioning to a Sustainable Future

This paper provides an overview of the climate finance ecosystem in countries in the Asia-Pacific region and presents strategies to mobilize climate finance for the region’s transition to a sustainable future.

Unlocking Climate Finance in Asia-Pacific

Shocks and Capital Flows

The high exposure of open economies to shocks makes them particularly vulnerable to volatile capital flows and advanced economy monetary policy spillovers. How should and do domestic policymakers respond? Read our latest book.

Shocks and Capital Flows

Annual Report 2023: Committed to Collaboration

The 2023 IMF Annual Report highlights the IMF’s work to support its members to address successive shocks, including Russia’s war on Ukraine, inflation, debt vulnerabilities, inequality food insecurity, geoeconomic fragmentation, climate change, and digitalization.

International Monetary Fund Annual Report 2023

 

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