His storied career at the IMF, at central banks, and at universities shaped the study of macroeconomics and the next ...

Latvia’s economy is navigating a complex global environment while addressing structural challenges at home. Geoeconomic fragmentation, geopolitical tensions, higher trade barriers and trade policy ...

Greece has coped with large current account deficits and negative net foreign assets for a long time. Now, the country has an opportunity to address this vulnerability through the European Union’s ...

Effective cash management is essential for enhancing fiscal discipline in Zambia, yet it faces significant challenges. With programmatic capacity development support from the IMF the authorities are ...

With the successful launch of the new data portal—the National Summary Data Page (NSDP) — the Democratic Republic of Congo has implemented a key recommendation of the IMF’s Enhanced General Data ...

The Spanish economy has been performing strongly, propelled by services exports and labor force growth, including immigration. Growth is projected to reach2.5 percent in 2025, before slowing as its ...

The Spanish economy has been performing strongly, supported by services exports and labor force growth. Growth is expected to remain significantly above the euro area average in the near term, before ...

Food insecurity in WAEMU has worsened over the last few years—mainly due to conflicts, climate, and affordability issues—with the Sahel zone being in a particularly difficult situation. The security ...

WAEMU members’ trade openness, integration into global value chains (GVCs), and export diversification remain limited. Tariffs, non-tariff measures (NTMs, obstacles to trade that arise mainly from ...

Romania’s medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope ...

This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank in March 2023—an event that reverberated globally across banking sectors—as ...