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This article is published in association with IMF. Opening Remarks by Deputy Managing Director Kenji Okamuraat the Fiscal Policy and Sovereign Debt Conference Good morning and welcome to our conference on “Fiscal Policy and Sovereign Debt.” I would like to begin by thanking our co-hosts: the Center for Advanced Research in Finance at the University […]
This article is published in association with IMF. Aura Martinez As governments worldwide grapple with managing public funds transparently and efficiently, AI emerges as a powerful ally. It can revolutionize budget openness, assist in aligning fiscal activities with policy priorities, thereby facilitating greater accountability in public finances. AI: A Game-Changer in Public Finance? Understanding AI’s […]
This article is published in association with IMF. The US dollar continues to cede ground to nontraditional currencies in global foreign exchange reserves, but it remains the preeminent reserve currency Serkan Arslanalp, Barry Eichengreen , Chima Simpson-Bell Dollar dominance—the outsized role of the US dollar in the world economy—has been brought into focus recently as […]
This article was written by Ms Christine Lagarde, Managing Director of the International Monetary Fund. The opinions expressed belong to the distinguished writer. The article was first published in IMF blog. The artist Claude Monet once said, “I worked without stopping, for the tide at this moment is just as I need it.” As the Group […]
This article is brought to you in association with IMFBlog on the occasion of Russia World Cup Written by IMFBlog The World Cup and productivity. Two of our favorite topics, together in one chart. How much your productivity—the amount you produce per hour of work—takes a hit during the World Cup depends on where you […]
This article is brought to you in association with the International Monetary Fund Written by Deniz Igan, July 3, 2018 During the global financial crisis, policymakers faced a steep trade-off in handling bank failures. Using public funds to rescue failing banks (bail-outs) could weaken market discipline and lead to excessive risk taking—the moral hazard effect. […]
This article is brought to you in association with the International Monetary Fund Written by Divya Kirti We’ve all heard about good cholesterol and bad cholesterol. Too much of the good stuff probably won’t do you any harm. Too much of the bad stuff can lead to a heart attack. The same idea applies to […]
This story is brought to you in association with the International Monetary Fund Written by Christine Lagarde, IMF’s Managing Director Average annual losses to financial institutions from cyber-attacks could reach a few hundred billion dollars a year (photo: Eti Ammos/iStock by Getty Images) Cyber risk has emerged as a significant threat to the financial system. […]
