International Monetary Fund

Nov. 20: Watch IMF Managing Director Kristalina Georgieva open this year’s #StatsForum on “Measuring the Implications of AI on the Economy.” Also featuring introductory remarks by Bert Kroese and a one-on-one discussion between IMF Deputy Managing Director Bo Li and Prof. Susan Athey.

We expect growth in the Middle East and North Africa to remain lackluster at 2.1% in 2024 – mostly due to the impact of ongoing conflicts and prolonged voluntary oil production cuts – and recover to 4% in 2025. However, risks to our forecast are higher than usual. The recent escalation in Lebanon, which is not yet reflected in our forecasts, has greatly increased uncertainty in the MENA region. Amid high uncertainty, these countries can focus on accelerating structural reforms, rebuilding fiscal buffers to contain future shocks, and lock in low inflation. https://lnkd.in/ewmK6Pjy

Join us for an engaging policy panel discussion at the 25th Annual Research Conference on reassessing policy tools for current and future challenges. Moderated by Pierre-Olivier Gourinchas, this discussion will feature insights from distinguished panelists Şebnem Kalemli-Özcan, Ricardo Reis, Isabel Schnabel, and Nathan Sheets. Join us on November 14 at 1:30 PM ET. https://lnkd.in/dDr57fpv

Over the past ten years, growth in sub-Saharan Africa’s resource-intensive countries (RICs)—and especially in fuel exporting economies such as Angola, Chad, and Nigeria—has slowed down sharply, falling far below growth in non-RICs (such as Ethiopia, Rwanda, and Senegal). Indeed, incomes in RICs have essentially stagnated. This marks a sharp contrast with the decade leading up to 2014, when RICs experienced rapid growth, in line with the region’s strong overall performance. Check out IMF country focus to learn what’s behind this divergence and what policymakers can do to reignite durable growth. https://lnkd.in/dSxfzKqf

Managing Director Kristalina Georgieva and First Deputy Managing Director Gita Gopinath open the 25th Annual Research Conference. November 14 at 9:25 AM ET. https://lnkd.in/dDr57fpv

IMF DMD Li: At #COP29, the Coalition of Finance Ministers for Climate Action called for increased climate investment to accelerate the transition. This is a win-win: IMF analysis shows that investing in renewables can help boost growth. We must also tap innovative sources of finance at the international level, such as a global carbon tax on international aviation and shipping to accelerate those sectors’ paths to net zero while raising new revenues that could be used for climate financing – up to 200 billion dollars by 2035. Read our latest research on this issue here: https://lnkd.in/erdAMxud

Europe’s economy is falling short of its full potential. Find out how Europe can shift its economies into a higher gear to bring growth back on track: https://lnkd.in/eDUNJh5s

Following an IMF panel at #COP29 on how best to close the global gap in climate ambition to achieve the Paris Agreement goals, Ana Toni, Brazil's National Secretary of Climate Change, spoke with William Kennedy of Bloomberg News about Brazil's experience and climate finance policy. Watch the panel discussion: https://lnkd.in/eg5dKZy8 Learn more about the IMF at COP29: https://lnkd.in/e6xBxSRJ

MUST SEE 📺 ➡️ On IMF Today show Mia Amor Mottley, Barbados Prime Minister, talked about Barbados' innovative debt-for-climate swap model and the public-private collaboration. Watch the recap now 🔴 https://lnkd.in/eBjVMmgT

Join us as Stanford University's Valerie Ramey delivers the 2024 Mundell-Fleming Lecture: 'Do Cash Transfers Stimulate the Macroeconomy?' at the Annual Research Conference.  November 15 at 1:30 PM ET.  https://lnkd.in/dDr57fpv