February 7, 2020/United Capital Report Trading under the Africa Continental Free Trade Agreement (AfCFTA) framework is slated to start in July 2020, even though regional developments in 2019 suggests that many African countries are unprepared to implement the commitments of the deal. The re-emergence of xenophobic attacks in South Africa […]
OPINION/EDITORIAL
Interest Rate Controls, Capital Flow Restrictions, and Other Potentially Costly Financial Market Regulatory Tools
February 6, 2020/IMFBlog By Etibar Jafarov, Rodolfo Maino, and Marco Pani With the surge in public debt in the wake of the global financial crisis, financial repression—administrative restrictions on interest rates, credit allocation, capital movements, and other financial operations—has come back on the agenda. In our recent working paper, we argue […]
Assessing Climate-Change Risk by Stress Testing for Financial Resilience
February 5, 2020/IMFBlog By Tobias Adrian, James Morsink, and Liliana Schumacher As society braces for the potential havoc a changing climate could induce, it’s vital to gauge the range of shocks that the economy may soon endure. One way to quantify the effects of the potentially systemic shocks that could […]

