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Global Economy

Various factors have impacted global economy such as increased globalization, digital transformation, demographic shifts, environmental sustainability, and political and economic uncertainty. These trends have led to significant changes in the way businesses and individuals interact with the global economy.

Top news of the week: 20.03.2023.

Interest rate
Economics
Government
Finance
Fiscal policy
Poverty

@CeylaP_IMF shared
On Mar 17, 2023
RT @IMFNews: How long wil the decline in housing prices continue? Find out in the latest Chart of the Week: https://t.co/io3Tn6tM3j https://t.co/6RLcZNRg3C
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House Prices Continue to Fall as Borrowing Costs Rise

House Prices Continue to Fall as Borrowing Costs Rise

Property markets should enjoy greater stability when central banks slow or pause their campaign of raising interest rates to tame inflation.

@rwang0 shared
On Mar 14, 2023
MyPOV: Inflation, inflation. Consumer-price index has advanced at a stubbornly high pace in recent months https://t.co/HEgYOyCHCx via @WSJ
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Inflation Report Arrives as Fed Confronts Bank Failures

Inflation Report Arrives as Fed Confronts Bank Failures

The consumer-price index has advanced at a stubbornly high pace in recent months.

@WorldBankMENA shared
On Oct 7, 2022
Poverty reduction resumed slowly in 2021 after a major setback in 2020, but may stall again in 2022. The @WorldBank’s new report estimates as many as 685 million people could still be living in extreme poverty by the end of this year. https://t.co/m9rqnVxPhS #PSPR https://t.co/3VahhwTNrm
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Publication: Poverty and Shared Prosperity 2022: Correcting Course

Publication: Poverty and Shared Prosperity 2022: Correcting Course

Poverty and Shared Prosperity 2022: Correcting Course provides the first comprehensive analysis of the pandemic’s toll on poverty in developing countries. It identifies how governments can ...

@imfcapdev shared
On Mar 15, 2023
RT @IMFNews: Zimbabwe🇿🇼has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System to publish essential macroeconomic and financial data, a testament to the country’s commitment to data transparency. https://t.co/qZ8XTQbpOK https://t.co/W5orpkKhJn
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Zimbabwe Implements the International Monetary Fund’s Enhanced General Data Dissemination System

Zimbabwe Implements the International Monetary Fund’s Enhanced General Data Dissemination System

With the successful launch of a new data portal, Zimbabwe has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System (e-GDDS) to publish essential ...

@Claudia_Sahm shared
On Mar 14, 2023
“The Fed’s full attention ... this week, depending on how things go, is what’s happening in financial markets and the fallout of SVB,” said Claudia Sahm. She added that the CPI report due out March 14 will be a “sideshow.” Yes, it is. https://t.co/jhYfJ3uzt9
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What the Silicon Valley Bank fallout could mean for the next Fed rate hike

What the Silicon Valley Bank fallout could mean for the next Fed rate hike

Recent bank failures are a reminder that sharp rate increases could break things

@WorldBank shared
On Mar 18, 2023
Prudent #debt can fuel economies & allow countries to focus on essential investments in people. @DirkRei explains how @WBG_IDA’s Program of Creditor Outreach is breaking down information silos + facilitating information-sharing for sustainable debt: https://t.co/Y0LFzYAmbW https://t.co/kcoaAqV9R9
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Penny for your thoughts? Why coordination among creditors is key to sustainable debt

Penny for your thoughts? Why coordination among creditors is key to sustainable debt

We know that when used wisely and transparently, debt is important to finance development. Prudent debt can power economies and pave the way for a resilient future—allowing countries to ...

@Lagarde shared
On Mar 16, 2023
RT @ecb: Today we took these monetary policy decisions: 🔵We raised interest rates, by 0.5 percentage points 🔵Our future decisions will depend on how we see inflation developing and how well our past rate hikes tame inflation https://t.co/tVXzbI9ht3 https://t.co/YzDzMjLMLc
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Our monetary policy statement at a glance - March 2023

Our monetary policy statement at a glance - March 2023

Information on everything related to the ECB's monetary policy: objective, strategy, instruments and much more.

@BrookingsEcon shared
On Mar 15, 2023
RT @WilliamGale2: What do recent economic trends and newly released budget outlook mean for our medium- and long-term fiscal outlook? Alan Auerbach and I offer our perspectives in a new @BrookingsInst @BrookingsEcon report. (1/6) https://t.co/lVDeohZOZx
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The federal budget outlook

The federal budget outlook

Starting from the current-law baseline, Alan Auerbach and William Gale estimate that to maintain the current debt-to-GDP ratio in 2053 would require a combination of permanent spending cuts ...