Amid trade tensions and high policy uncertainty, the path forward will be determined by how challenges are confronted and ...

We undertake an extended discussion of the latest developments about the existing and new estimation methods of the shadow economy. New results on the shadow economy for 158 countries all over the ...

Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new ...

Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor ...

A technical assistance mission assisted the State Statistical Committee of Azerbaijan (SSC) in developing the system of quarterly national accounts. It did so by reviewing the compilation of quarterly ...

This paper investigates the short- and medium-term economic impacts of natural disasters, focusing on Pacific Island Countries (PICs) and using global high-frequency nightlight data in addition to ...

On April 18, 2025, the Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position for the financial year (FY) ending April 30, 2025 ...

On April 18, the Executive Board of the International Monetary Fund (IMF) approved the 2026-28 financial years (FY26-28) medium-term budget ...

Tariffs will weigh on the global economy and dent the region’s post-pandemic economic momentum. That’s because exports have ...

An International Monetary Fund (IMF) mission led by Mr. Matthew Gaertner held the 2025 Article IV consultation and discussions on the second review under the Policy Coordination Instrument (PCI) with ...

First, Europe should aim for more, not less trade. Preserving openness is crucial given the importance of trade (Figure 5), ...

This paper updates the projections of the Fund’s income position for FY 2025 and FY 2026 and proposes related decisions for the current and the following financial years. The paper includes proposed ...