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Chair's Statement: Forty-Fifth Meeting Of The IMFC, Ms. Nadia Calviño, First Vice President Of Spain And Minister For Economy And Digitalization

<p><span>The IMFC recalls that on March 2, the United Nations General Assembly by a majority of 141 countries adopted the resolution ES-11/1 “Aggression against Ukraine” </span><span>that “deplores in the strongest terms the aggression by the Russian Federation against Ukraine in violation of Article 2 (4) of the Charter” and “demands that the Russian Federation immediately cease its use of force against Ukraine&a...
France General Russian Federation Nadia Calvi Magdalena Andersson Sustainability Trust Framework For Enhanced Fund Engagement On Governance

The role of capital controls and macroprudential measures in taming capital flows

Despite the large capital outflows during the Covid-19 crisis, emerging economies did not make extensive use of capital controls. Indeed, these have had limited effects on capital outflows, being more effective on inflows. This column shows that macroprudential measures on the financial sector, which are increasingly part of the policy mix, have a positive impact on outflows
International Monetary Fund European Commission Palgrave Macmillan Banque De France Journal Of International Money International Journal Of Central Banking
Source: voxeu.org

G20 Finance Ministers And Central Bank Governors Meeting Communiqué: 17-18 February 2022, Jakarta, Indonesia

<p><span>1. The global economic recovery is continuing. However, new waves of COVID-19 infections and the emergence of new variants are impacting the pace of recovery. Recovery is expected to be asynchronous, partly due to uneven access, delivery and uptake of vaccines, therapeutics, and diagnostics, with an increased likelihood of narrower and uneven macroeconomic policy space. Supply disruptions, supply-demand mismatches, and increased commodity prices, including energy prices, hav...
France General Health Ministers Agenda For Sustainable Development Health Task Global Network Financial Action Task Force

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G20 against premature withdrawal of support to Covid-hit economy

The G-20 leaders on Sunday decided to continue with steps to sustain recovery of the Covid-hit economy and refrain from premature withdrawal of the support measures. Over 2021, global economic activity has been recovering at a solid pace, thanks to the roll-out of vaccines and continued policy support, said the G-20 declaration at the end of the summit meeting which among
Ar Riya Saudi Arabia Narendra Modi Global Partnership For Financial Inclusion Riyadh Initiative Prime Minister Narendra

IMF Chief Economist Gita Gopinath To Return To Harvard University

<p><span>International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced today that Gita Gopinath, the Fund’s Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’s Economics Department as planned when her public service leave ends. Harvard University had extended Ms. Gopinath’s leave of absence on an exceptional basis by one year, which has allowed her to s...
New York United States Harvard University Kristalina Georgieva Gita Gopinath Federal Reserve Bank

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