CILACAP SECURITY CYBER TEAM
COVID-19 has resulted in a spike in unemployment across the world. Image: REUTERS/Lucy Nicholson IMF research shows that the inequality gap between rich and poor has widened after previous epidemics – and COVID-19 will be no different. The IMF says policymakers must put in place risk-sharing and social assistance mechanisms to protect the most vulnerable from future ...
The world’s lender of last resort updates its forecasts for the UK economy as it warns the pandemic will exacerbate world poverty. Image:The IMF says women in developing economies will be among those most at risk from coronavirus hardship More than 90 million people could be forced into “extreme deprivation” this year as developing and emerging economies a...
Oscar Williams-Grut A daily wage laborer worker at a construction site in Uttar Pradesh, north India. The IMF said day labourers will be particularly vulnerable to falling into extreme poverty. Photo: Rajesh Kumar Singh/AP The COVID-19 pandemic could reverse 30 years of progress made fighting global poverty, the International Monetary Fund (IMF) has warned. The IMF said on T...
Abstract Using an LIC-specific participation model, we adopt a propensity score matching (PSM) methodology to compare economic growth performance in countries with and without IMF programmes over the period 1989–2008. Concessional programmes are found to have had a generally positive effect on economic growth for up to two years after agreements were signed. The effects are ...
Gordon Gray, Thomas Wade Executive Summary The International Monetary Fund (IMF) was created in the wake of the Great Depression to promote stability in global financial markets. Nearly all countries are members of the IMF, but the United States is the largest cumulative contributor to the IMF at $155 billion and the largest voting bloc—holding effective veto power for many...