These are the main uncertainty drivers around the world, according to the IMF
The IMF has updated its World Uncertainty Index to provide more regular readings and incorporate data from 71 economies dating back to 2008.
Davide Furceri is an economist at the IMF’s Research Department. He previously worked as an economist at the European Central Bank and at the Organization for Economic C0-operation and Development. He has published extensively in academic journals in the area of macroeconomics, public finance and international macroeconomics.
The IMF has updated its World Uncertainty Index to provide more regular readings and incorporate data from 71 economies dating back to 2008.
Countries worldwide launched wide-scale fiscal support measures to mitigate the output losses caused by lockdowns aimed at flattening the COVID-19 curve.
Access to and uptake of COVID-19 vaccines has been heterogeneous and uneven, with more advanced economies having received a larger share of vaccinations.
As a result of the COVID-19, the World Uncertainty Index remains high, at about 50% above its historical average between 1996–2010, but the pandemic isn't the only contributor.
La investigación del FMI muestra que la brecha de desigualdad entre ricos y pobres se ha ampliado después de las epidemias anteriores - y COVID-19 no será diferente.
IMF research shows that the inequality gap between rich and poor has widened after previous epidemics - and COVID-19 will be no different.
Rodrik (1998) famously wrote that capital flowing freely across the world would leave economies “hostage to the whims and fancies of two dozen or so thirty-somethings in London, Frankfurt...
The world's economy is experiencing slow growth. One of the factors behind this is trade uncertainty, which the World Trade Uncertainty Index seeks to measure.
A study has found that trade uncertainty in the first three months of the year could result in a 0.75% reduction in global growth, as well as having long-term negative impacts on trade an...
Due to escalating trade tension, the global economy is now projected to grow at 3.3% in 2019, down from 3.6% in 2018.