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URL: http://blog-imfdirect.imf.org/category/europe/

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Latest posts
Now Is a Good Time to Invest in Infrastructure NEW
iMFdirect 18 Hours, 15 Minutes ago
By Abdul Abiad, Davide Furceri, and Petia Topalova Infrastructure is the backbone of well-functioning economies. Unfortunately, that backbone is becoming increasingly brittle in a number of advanced economies. For example, there has been a decline in...
A Tale of Two States—Bringing Back U.S. Productivity Growth NEW
iMFdirect 5 Days, 22 Hours, 33 Minutes ago
By Roberto Cardarelli and Lusine Lusinyan  (Versión en español) Today’s Pop Quiz: What do Oregon and New Mexico have in common? What could possibly link the spectacular vistas of Crater Lake to the glistening White Sands? Ans...
Where Danger Lurks NEW
iMFdirect 1 Week, 1 Day, 22 Hours, 43 Minutes ago
By iMFDirect Lurking conjures up images of spies, flashers and other dodgy types.  The IMF’s chief economist Olivier Blanchard takes readers into the dark corners of the financial crisis in his latest article ‘Where Danger Lurks&rsqu...
Three Key Questions About the Slowdown in Emerging Markets NEW
iMFdirect 1 Week, 5 Days, 23 Hours, 36 Minutes ago
By Sweta Saxena 1. Are emerging markets slowing down? Yes. They have been slowing down for some time now. GDP growth has declined from 7 percent during the pre-crisis period (2003-8) to 6 percent over the post-crisis period (2010-13) to 5 percent, in...
Carbon Pricing: Good for You, Good for the Planet NEW
iMFdirect 1 Week, 6 Days, 22 Hours, 27 Minutes ago
By Ian Parry The time has come to end hand wringing on climate strategy, particularly controlling carbon dioxide (CO2) emissions.  We need an approach that builds on national self-interest and spurs a race to the top in low-carbon energy solutio...
What’s Lurking in the Shadows of China’s Banks NEW
iMFdirect 2 Weeks, 1 Day, 22 Hours, 22 Minutes ago
By Steven Barnett and Shaun Roache “Shadow” banking: a surprisingly colorful term for our staid economics profession. Intended or not, it conjures images of dark, sinister, and even shady transactions. With a name like “shadow banki...
U.S. Monetary Policy: 3-2-1, Interest Rate Liftoff! NEW
iMFdirect 3 Weeks, 8 Hours, 36 Minutes ago
By Francesco Columba and Jarkko Turunen (Versión en español) After more than five years of exceptionally low interest rates, the U.S. Fed is getting closer to the point of managing a liftoff of policy interest rates from close to zero.
Why Education Policies Matter for Equality NEW
iMFdirect 3 Weeks, 1 Day, 23 Hours, 25 Minutes ago
By Era Dabla-Norris Much of the debate on inequality focuses on its deleterious social and political effects and its impact on growth. But an equally important issue is what policies play a clear role in reducing income inequality. The results of our...
Back-to-School Blogs NEW
iMFdirect 3 Weeks, 5 Days, 20 Hours, 6 Minutes ago
By iMFDirect As you trudge back to the office or cubie with a little sand still crunching in your backpack, you know the holiday is over. To help you catch up, here are some blogs to re-read to get you back into the swing of things. Remember Europe?
In Mozambique—and In Africa—Rising Requires Resilience NEW
iMFdirect 3 Weeks, 6 Days, 22 Hours, 40 Minutes ago
By Doris Ross Three months ago African leaders and policymakers assembled in Mozambique under an “Africa Rising” banner to assess the continent’s strong economic performance. But while the outlook for the continent remains strong, i...
Which Way the Wind Blows NEW
iMFdirect 4 Weeks, 1 Day, 10 Minutes ago
By Jeff Hayden You can call this this edition of F&D magazine our Bob Dylan issue. It may seem odd for an economics magazine to draw inspiration from the legendary singer/songwriter, but one of his most famous lines, “The times, they are a-...
More Jobs That Pay Decent Wages: How To Fight Poverty In The United States NEW
iMFdirect 1 Month, 3 Days, 12 Hours, 16 Minutes ago
By Deniz Igan  (Version in Español) Something unusual happened this year. For the first time in almost ten years, a book by an economist made it to Amazon’s Top 10 list. Thomas Piketty’s Capital in the Twenty-First Century cap...
Structural Reforms Can Help Japan’s Post-Consumption Tax Blues NEW
iMFdirect 1 Month, 2 Weeks, 3 Days, 9 Hours, 16 Minutes ago
By Stephan Danninger  Japan’s GDP declined by almost 7 percent in the second quarter, more than many had forecast including us here at the IMF.  Many cite the increase in the sales tax this April for this decline.  But...
U.S. Labor Force: Where Have All the Workers Gone? NEW
iMFdirect 1 Month, 3 Weeks, 3 Days, 12 Hours, 56 Minutes ago
By Ravi Balakrishnan (Version in Español) It’s not supposed to be this way. As the U.S. economy recovers, hirings increase and people are encouraged to look for jobs again. Instead, the ratio of the adult population with jobs, or looking...
Can Japan Afford to Cut Its Corporate Tax? NEW
iMFdirect 1 Month, 3 Weeks, 5 Days, 12 Hours, 21 Minutes ago
By Ruud de Mooij and Ikuo Saito It is no surprise that, as part of its revised growth strategy presented in June, the Japanese government has announced it will reduce the corporate income tax rate. At more than 35 percent for most businesses, the Jap...
Europe’s Russian Connections NEW
iMFdirect 2 Months, 3 Hours, 31 Minutes ago
By Aasim M. Husain, Anna Ilyina and Li Zeng The conflict in Ukraine and the related imposition of sanctions against Russia signal an escalation of geopolitical tensions that is already being felt in the Russian financial markets (Chart 1). A deterior...
Links and Levers: How the Caucasus and Central Asia Are Tied to Russia NEW
iMFdirect 2 Months, 3 Hours, 31 Minutes ago
By Alberto Behar The countries of the Caucasus and Central Asia (CCA) are closely linked with Russia through trade, financial, and labor market channels. These ties have served the region well in recent years, helping it make significant economic gai...
Too Much At Stake: Moving Ahead with Energy Price Reforms NEW
iMFdirect 2 Months, 1 Day, 3 Hours, 36 Minutes ago
By Ian Parry (Versions in Español, 中文, Français, and Русский) Energy plays a critical role in the functioning of modern economies. At the same time, it&rsq...
Should We Worry About Higher Interest Rates? NEW
iMFdirect 2 Months, 3 Days, 2 Hours, 1 Minute ago
By Hamid Faruqee Global interest rates will eventually move higher. We do not know precisely when,  how fast, or how far, but we do know the direction. After a long period of very low interest rates following the global financial crisis, some ce...
Managing Housing Market Risks in the United Kingdom NEW
iMFdirect 2 Months, 4 Days, 3 Hours, 39 Minutes ago
By Ruy Lama House prices are rising rapidly in the UK at an annual rate of 10.5 percent. House price inflation is particularly high in London (20 percent per year), and it is gradually accelerating in the rest of the country. The recent increases in...