(Credit: Pius Utomi Ekpei/IMF Photo) May 21, 2026/IMFBlog By Grace Li, Constant Lonkeng, and Nikola Spatafora As global conditions worsen and policy room shrinks, the region needs a new growth model—one that crowds in private investment, lifts productivity, and creates better jobs for a fast-growing young labor force. At current […]
OPINION/EDITORIAL
Measuring Financial Health
May 20, 2026/US Federal Reserve By Governor Michael S. Barr Thank you for the opportunity to speak to you today.1 In preparing for this event, I found myself reflecting on the evolution of the concept of financial health. What began as a push for expanding financial access has evolved over the […]
Responding to the Energy and Food Price Shock: Getting the Policy Details Right
(Credit: IMF Photo) May 20, 2026/IMFBlog By Pierre-Olivier Gourinchas, Borja Gracia, Delphine Prady, Rodrigo Valdés When global energy prices spike, governments face an unenviable dilemma: shield people and businesses while straining already reduced room in public budgets—or let prices rise for everyone and risk social and political backlash. So, how can policymakers do the […]
