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Emerging Market Corporate Sector Debt: A Stitch in Time Could Save Billions

By Julian Chow and Shamir Tanna (Versions in Español) Much has been said lately about growing private sector debt in emerging market economies. In our recent analysis, we examined the corporate sector...

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Smart Fiscal Policy Will Help Jobs

by Vitor Gaspar  (version in Español, Français, 中文, Русский, and 日本語) Unemployment remains unacceptably high in many countries. It increased dramatically during the Great Recession. Global unemployment...

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When Is Repaying Public Debt Not Of The Essence?

By Jonathan D. Ostry and Atish R. Ghosh Financial bailouts, stimulus spending, and lower revenues during the Great Recession have resulted in some of the highest public debt ratios seen in advanced...

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Greece: Past Critiques and the Path Forward

By Olivier Blanchard (Versions in Deutsch, Español, Français, Italiano, ελληνικά, Русский, 中文, 日本語, عربي, and Português) All eyes are on Greece, as the parties involved continue to strive for a lasting...

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Greece: Toward a Workable Program

By Poul M. Thomsen Versions in عربي (Arabic), Español, Français, and ελληνικά (Greek) Having successfully pulled Greece from the brink last summer and subsequently stabilized the economy, the...

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The Lessons of the North Atlantic Crisis for Economic Theory and Policy

Guest post by: Joseph E. Stiglitz Columbia University, New York, and co-host of the Conference on Rethinking Macro Policy II: First Steps and Early Lessons (Versions in 中文, Français, 日本語, and Русский)...

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The Trillion Dollar Question: Who Owns Emerging Market Government Debt

By Serkan Arslanalp and Takahiro Tsuda (Version in Español, Français, Português, Русский, 中文 and 日本語) There are a trillion reasons to care about who owns emerging market debt.  That’s how much money...

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Moving Beyond Crisis Management in the West Bank and Gaza

By Oussama Kanaan, Udo Kock, and Mariusz Sumlinski (Versions in  عربي) It was an early spring morning in East Jerusalem in 2011, and we were wrapping up our two-week mission with a presentation to...

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The World’s Three-Speed Economic Recovery

By Olivier Blanchard (Versions in عربي , 中文, 日本語, Русский, and Español) The main theme of our latest outlook is one that you have now heard for a few days: we have moved from a two-speed recovery to a...

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Rethinking Macroeconomic Policy

By Olivier Blanchard (Versions in عربي, 中文, Français, Русский, and Español) The IMF has just hosted a second conference devoted to rethinking macroeconomic policy in the wake of the crisis. After two...

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