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A Hobbled Recovery Along Entrenched Fault Lines
The global recovery continues but momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health…
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Inflation Scares in an Uncharted Recovery
The good news for policymakers is that long-term inflation expectations are well anchored, but economists still disagree about how enduring the upward pressure for prices will ultimately be. Some have said government stimulus…
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Drawing Further Apart: Widening Gaps in the Global Recovery
The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from…
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How to Attract Private Finance to Africa’s Development
High public debt levels and the uncertain outlook for international aid limit the scope for growth through large public investment programs. The private sector will have to play more of a role in…
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2021 IMF Free Courses for you
IMF is pleased to announce these free online courses on the edX platform starting in May, including its new course on Inclusive Growth (IGx). All courses have a single deadline at the end…
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Managing Divergent Recoveries
It is one year into the COVID-19 pandemic and the global community still confronts extreme social and economic strain as the human toll rises and millions remain unemployed. Yet, even with high uncertainty…
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Commercial Real Estate at a Crossroads
Empty office buildings. Reduced store hours. Unbelievably low hotel room rates. All are signs of the times. The containment measures put in place last year in response to the pandemic shuttered businesses and…
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Financial Perils in Check for Now, Eyes Turn to Risk of Market Correction
Prices for stocks, corporate bonds, and other risk assets have risen higher on the news of vaccine rollouts. Financial markets have shrugged off rising COVID-19 cases, betting that continued policy support will offset…
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How COVID-19 will Increase Inequality in Emerging Markets and Developing Economies
Despite the pre-pandemic gains in poverty reduction and lifespans, many of the EMDEs have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., not…
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A Long, Uneven and Uncertain Ascent
This crisis is far from over. Employment remains well below pre-pandemic levels and the labor market has become more polarized with low-income workers, youth, and women being harder hit. The poor are getting…
