Update assesses Türkiye’s fiscal transparency practices against the IMF’s Fiscal Transparency Code and reviews progress since the 2015 FTE. The evaluation finds that Türkiye has made significant ...

This paper assesses the effectiveness of Morocco’s monetary policy transmission since 2018 in light of reforms aimed at modernizing the policy framework. Over the past decade, Morocco has introduced ...

Recurring climate-related natural disasters pose significant macroeconomic and fiscal risks for highly exposed countries. We extend the Debt, Investment, Growth, and Natural Disasters (DIGNAD) model ...

Over the past decade since the last fiscal transparency evaluation, Türkiye has taken major steps forward in fiscal transparency, and is now among the top tier of countries internationally. Based on ...

This paper estimates the macroeconomic effects of forced displacement on host economies in SubSaharan Africa, drawing on cross-country panel data and country case studies of Burkina Faso, South Sudan, ...

The literature characterizes zombie firms as economically unviable companies that continue to operate. This paper proposes ...

How are inflation expectations affected by foreign supply shocks? We show that, beyond bilateral exposure, a second network matters: the one linking forecasters to the countries they cover. Using ...

The global economy has weathered the latest in a series of shocks better than expected, but continued resilience should not ...

Investment is flowing into AI on a scale that will likely exceed the vast sums that went into building the railroads, the ...

Welcome, everyone. It is wonderful to have you all here with us this morning for our Global Policy Agenda press briefing.

Mr. Seedy Keita, Chair of the African Caucus and Minister of Finance and Economic Affairs of The Gambia, and Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), ...

Higher borrowing costs are adding to fiscal pressures at a time of high debt, making credible consolidation more urgent ...