Georgieva said that a key concern of the “sudden stop” of the world economy is a wave of bankruptcies and layoffs that can not only undermine the recovery but can erode the fabric of our society.
Gita Gopinath, who has recently been appointed as the nee chief economist of International Monetary Fund, is likely to resign from the existing post of financial advisor to the Chief Minister of Kerala. According to government sources, “She may not be able to continue as the financial advisor as she[Read More…]
India-born economist Gita Gopinath was appointed as the chief economist of International Monetary Fund on October 1. She has become the second Indian after former RBI governor Raghuram Rajan to hold the position. Ms Gopinath, who currently serves as the John Zwaanstra Professor of International Studies and of Economics at[Read More…]
The International Monetary Fund has given a warning to Indian government against macro-financial risks which emerged from the government ownership of the private sector banks and even advocated that the Indian government must privatise these lending institutions in order to mitigate these risks. In its review under Article IV, IMF[Read More…]
Washington: Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has urged global policymakers to guard against trade protectionism in the wake of US proposed tariffs on steel and aluminium. “Policymakers need to work constructively together to reduce trade barriers and resolve trade disagreements without resort to exceptional measures,” Lagarde[Read More…]
After the Indian economy was hit by demonetisation, it is expected to grow strongly and remains gleaming in the global landscape, a senior IMF official has said. “The Indian economy is growing strongly and remains a bright spot in the global landscape,” the IMF mission chief for India, Paul Cashin[Read More…]
India is at the world’s centre stage more than ever before for “aspiring to do better in an adverse” environment, Finance Minister Arun Jaitley has said but cautioned that by its own yardstick, the country’s current growth rate is not enough. “More than even before we are at the centre[Read More…]