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The Health Care Challenge: Not Just a U.S. Problem

By Carlo Cottarelli Health spending in OECD countries increased from 4½ percent of GDP in 1960 to 12½ percent in 2007 (see Figure 1 below). What accounts for this dramatic increase? Income growth,...

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Unwinding Public Interventions in the Financial Sector

By José Viñals The IMF held a high-level conference last week on unwinding public interventions in the financial sector. Insightful discussions took place among policymakers, academics, and the private...

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Weekend in Washington: Cooperating Our Way Out of Crisis

By Dominique Strauss-Kahn (Version in عربي 中文 Español Français 日本語 Русский ) This past weekend in Washington DC, as the economic leaders of 187 countries gathered for the Annual Meetings of the IMF and...

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Exploring Economic Policy Frontiers After the Crisis: 2010 IMF Research...

By Olivier Blanchard The crisis has forced economists and policymakers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic...

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Global Recovery Strengthens, Tensions Heighten

By Olivier Blanchard The world economic recovery is gaining strength, but it remains unbalanced. Three numbers tell the story. We expect the world economy to grow at about 4.5 percent a year in both...

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Shifting Gears: Where the Rubber Meets the Fiscal Road

By Carlo Cottarelli Undertaking a sizable fiscal adjustment is a lot like driving up a tall mountain: it’s hard work, it can take a long time, and you don’t want to run out of fuel partway up the...

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Promises, Promises. Better Measuring the Effect of Pension Reform

By Benedict Clements We all hope to retire one day. Our pensions hold the promise of that. But when that promise is a public pension, it’s also a lot like debt the government has to pay at some point...

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Debt in a Time of Protests

by Nemat Shafik As the world economy continues to struggle, people are taking to the streets by the thousands to protest painful cuts in public spending designed to reduce government debt and...

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U.S. Fiscal Policy: A Tough Balancing Act

By Deniz Igan (Version in Español) Much has changed on the fiscal front since we started worrying about U.S. fiscal sustainability. The federal government budget deficit has fallen sharply in recent...

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Image may be NSFW.
Clik here to view.

The Health Care Challenge: Not Just a U.S. Problem

By Carlo Cottarelli Health spending in OECD countries increased from 4½ percent of GDP in 1960 to 12½ percent in 2007 (see Figure 1 below). What accounts for this dramatic increase? Income growth,...

View Article

Image may be NSFW.
Clik here to view.

Unwinding Public Interventions in the Financial Sector

By José Viñals The IMF held a high-level conference last week on unwinding public interventions in the financial sector. Insightful discussions took place among policymakers, academics, and the private...

View Article

Weekend in Washington: Cooperating Our Way Out of Crisis

By Dominique Strauss-Kahn (Version in عربي 中文 Español Français 日本語 Русский ) This past weekend in Washington DC, as the economic leaders of 187 countries gathered for the Annual Meetings of the IMF and...

View Article

Exploring Economic Policy Frontiers After the Crisis: 2010 IMF Research...

By Olivier Blanchard The crisis has forced economists and policymakers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic...

View Article


Image may be NSFW.
Clik here to view.

Global Recovery Strengthens, Tensions Heighten

  By Olivier Blanchard The world economic recovery is gaining strength, but it remains unbalanced. Three numbers tell the story. We expect the world economy to grow at about 4.5 percent a year in both...

View Article

Image may be NSFW.
Clik here to view.

Shifting Gears: Where the Rubber Meets the Fiscal Road

By Carlo Cottarelli Undertaking a sizable fiscal adjustment is a lot like driving up a tall mountain: it’s hard work, it can take a long time, and you don’t want to run out of fuel partway up the...

View Article


Image may be NSFW.
Clik here to view.

Promises, Promises. Better Measuring the Effect of Pension Reform

By Benedict Clements We all hope to retire one day. Our pensions hold the promise of that. But when that promise is a public pension, it’s also a lot like debt the government has to pay at some point...

View Article

Image may be NSFW.
Clik here to view.

Debt in a Time of Protests

by Nemat Shafik As the world economy continues to struggle, people are taking to the streets by the thousands to protest painful cuts in public spending designed to reduce government debt and...

View Article


Image may be NSFW.
Clik here to view.

U.S. Fiscal Policy: A Tough Balancing Act

By Deniz Igan (Version in Español) Much has changed on the fiscal front since we started worrying about U.S. fiscal sustainability. The federal government budget deficit has fallen sharply in recent...

View Article

Image may be NSFW.
Clik here to view.

Central Bank Credibility Pays Off in Times of Stress

By Rudolfs Bems, Francesca Caselli, Francesco Grigoli, Bertrand Gruss, and Weicheng Lian October 3, 2018 عربي, 中文, Español, Français,  Baˈhasa indoneˈsia 日本語, Português, Русский Shopping center in...

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