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Financial stability risks remain contained in the near term, although rising economic and geopolitical uncertainty increases the likelihood of adverse shocks, exposing fragilities. Chapter 1 of the ...
A new look at an old question: Should countries fix, float, or choose something in between? A PERENNIAL question in international economics—whether in academia or in policy circles—concerns the ...
The Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is ...
Colombia is deeply committed to climate change policies, as evidenced by Law N° 1931 (2018), which outlines actions to adapt to climate change and reduce greenhouse gas emissions, aiming to decrease ...
These representative exchange rates, which are reported to the Fund by the issuing central bank, are expressed in terms of currency units per U.S. dollar, except for those indicated by (1) which are ...
On November 4, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation1 with Lao People’s Democratic Republic.
Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that ...