January 24, 2018/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today in Davos, Switzerland: “I was very pleased to meet today with Portugal’s Prime Minister Antonio Costa and, also, to have the opportunity to congratulate Minister of Finance Mario Centeno on his […]
World News
The Current Economic Sweet Spot Is Not the “New Normal”
Culled—IMFBlog By Maurice Obstfeld January 22, 2017 As the year 2018 begins, the world economy is gathering speed. The new World Economic Outlook Update revises our forecast for the world economy’s growth in both 2018 and 2019 to 3.9 percent. For both years, that is 0.2 percentage points higher than […]
A Dream Deferred: Inequality and Poverty Across Generations in Europe
A young apprentice learns a trade in Palmela, Portugal: the right policies can help reduce inequality and poverty across generations in Europe (photo: Tim Brakemeier/DPA/Newscom). Culled—IMFBlog By Christine Lagarde January 23, 2018 The poet Langston Hughes once asked, “What happens to a dream deferred?” It is a relevant question to millions […]
