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World Economic Outlook - Update, January 2017

After a lacklustre outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies. However, there is a wide dispersion of possible outcomes, given uncertainty surrounding the policy stance of the incoming U.S. 30 more words

How are Oil Exporters Financing Deficits?

With the drop in world oil prices, the oil exporters of the Middle East and Central Asia are running fiscal deficits. So how might these countries go about financing those deficits, both now and into the future?

Angolan and Mozambican currencies among the most devalued worldwide in 2016

The national currencies of Angola and Mozambique are among the 10 most depreciated currencies over 2016, with the kwanza falling almost 20% and the metical losing more than 30%, according to financial news agency Bloomberg. 495 more words

Mozambique

Bondholders insist Mozambique will pay as JP Morgan sees default - Not,Not, Definitely Not


JP Morgan Chase & Co. says that the African nation is poised to miss payment on a US$60-million coupon next week, but a former IMF official who’s advising bondholders insists the government has the money. 794 more words

IMF

The New Politics of Inequality at the World Economic Forum (again)

Christine Lagarde, the IMF and the World Economic Forum

Christine Lagarde has once again used the World Economic Forum meeting in Davos this week to highlight her quest to refocus the International Monetary Fund on the task of reducing inequality.  1,258 more words

Posts

Ebrahim-Khalil Hassen reblogged this on Unequal.Blog and commented:

Is the IMF changing and becoming more focused on inequality? Alex Nunn, Professor of Global Political Economy at the University of Derby, UK, tackles this question. The post has links to research that is new to me, that reviews the work of the IMF through a careful review of practice and documents. My key takeaway - "So it seems that while there may be an attempt to reform the IMF to focus on reducing inequality, this has not yet fully percolated through the organisation to operational practice. We shouldn’t necessarily be surprised. Reform takes time after all."

The New Politics of Inequality at the World Economic Forum (again)

Christine Lagarde, the IMF and the World Economic Forum

Christine Lagarde has once again used the World Economic Forum meeting in Davos this week to highlight her quest to refocus the International Monetary Fund on the task of reducing inequality.  1,258 more words

Posts

Will Donald Emulate Adolf And Abe On The Economy?

Ahead of President-elect Donald Trump’s inauguration, Percy Allan discusses the current economic circumstances and possibilities new President’s economic policy. 1,514 more words

Populism