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 ...

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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 ...

Djibouti's investment-focused strategy has propelled average growth rates to about 6 percent over the past decade, leading to a doubling of GDP per capita. However, substantial public investment ...

As a small, fragile, and remote island state, the Republic of the Marshall Islands faces several vulnerabilities and challenges, including high exposure to climate-related shocks and persistent labor ...

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 ...

This seminar will launch the Bangkok Blueprint, a high-level framework for tackling cyber-enabled fraud through a ...

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), ...

Faced with heightened vulnerabilities, policymakers should contain leverage, strengthen debt sustainability, and harden cyber ...