by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Policy
“We are experiencing a fundamental shift in the global economy, from a world of relative predictability … to a world with more fragility – greater uncertainty, higher economic volatility, geopolitical confrontations, and more frequent and devastating...
by AIP Online Bureau | Oct 3, 2022 | Eco/Invest/Demography, International News
“Of the 48 countries, about 10-20 are likely to be asking (for emergency assistance),” Georgieva said, adding that “quite a lot of them” are in sub Sahran Africa. “We are here for you,” . IMF Managing Director Kristalina Georgieva...
by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, International News
Pierre-Olivier Gourinchas,Chief Economist,IMF “The outlook has darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one,” IMF Chief Economist Pierre-Olivier Gourinchas told a...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, International News, Pandemic, Policy
In a joint statement, the leaders of the four institutions warned that the war in Ukraine was adding to existing pressures from the COVID-19 crisis, climate change and increased fragility and conflict, threatening millions of people worldwide The World Bank,...
by AIP Online Bureau | Mar 27, 2022 | Eco/Invest/Demography, International News, Policy
Saying that the country was hit hard by the COVID-19 pandemic, the report highlighted that the country was highly vulnerable to external shocks owing to inadequate foreign currency reserves and high risks to public debt sustainability, exacerbated by the ‘Easter...
