IMF technical assistance reviewed the monetary policy implementation framework supporting Vanuatu’s currency basket peg. Strengthening the framework would enhance the resilience of the exchange rate ...
We propose a tractable small-open-economy model in which uncovered interest parity premia on foreign exchange (FX) markets arise from the endogenous lack of insurability of exchange rate risks.
Will artificial intelligence (AI) help poorer countries catch up? This paper argues that the answer depends less on access to AI than on the capacity to use new knowledge productively. We show that ...
We study the determinants of US dollar demand across market participants and traded instruments using survey-based exchange rate and macroeconomic expectations. To empirically establish the relevance ...
This paper studies the macroeconomic dynamics of conflicts and post-conflict recovery using a newly assembled global dataset covering 194 countries, including 170 conflict onsets and 158 conflict ...
IMF staff and the Salvadoran authorities have reached staff-level agreement on the combined second and third reviews of the 40-month arrangement under the Extended Fund Facility (EFF). Subject to ...
International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina ...
Armenia’s development agenda is closely intertwined with climate action, presenting an opportunity to align national priorities with its Transformation Strategy 2050 as new political momentum emerges ...
The Swiss economy has demonstrated resilience amid heightened global uncertainty and global energy price shock, benefiting from strong policy frameworks and economic flexibility.
On August 26, 2026, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Republic of Estonia.
Now the forces behind Asia’s ascent are shifting. Trade is fragmenting, energy security is a concern, populations are aging, and productivity gains are harder to sustain. Some nations can still ...
IMF staff and the Senegalese authorities have reached a staff-level agreement on the key economic policies that could underpin a new Extended Credit Facility (ECF) arrangement to support the ...