Disclaimer: IMF Working Papers describe research in progress by the author (s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the ...
We study the link between central bank independence and inflation by providing narrative and empiricial evidence based on Latin America’s experience over the past 100 years. We present a novel ...
The 2023 Article IV Consultation discusses that Saudi Arabia was the fastest growing G20 economy in 2022. The Saudi unemployment rate is at a historical low. Amid an increase in labor force ...
High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex. To ...
This note guides policy advice on the use of foreign exchange intervention (FXI) as part of the Integrated Policy Framework (IPF) in Fund surveillance. The note provides general principles for the ...
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An International Monetary Fund (IMF) team, led by Ms. Eva Jenkner, visited Banjul during October 19–30, 2026, to hold discussions on the sixth review of The Gambia's economic reform program supported ...
Stablecoins are presented as a low-cost alternative to traditional cross-border payment channels, but evidence to support this claim remains limited. We develop a cost accounting framework that traces ...
We provide the first quantitative general-equilibrium assessment of the trade and welfare effects of the India–Middle East–Europe Economic Corridor (IMEC), a proposed rail-to-sea trade route through ...
Sound economic policy formulation requires high frequency economic activity data. This is particularly challenging in low-income, fragile, and conflict-affected states, such as Afghanistan, where ...
We examine if European firms face binding financial constraints that explain Europe’s persistent scale-up gap. Using corporate tax changes as exogenous shocks and a "debt test", we analyze 7 million ...
IMF staff and the Argentine authorities have reached a staff-level agreement on the third review of the Extended Fund Facility program, unlocking potential access to about US$900 million. Disciplined ...
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