Whether or not you believe the IMF’s new estimates of the fiscal multiplier, budget cuts are due to intensify in advanced economies next year and will last longer than many had expected.

Finance ministers and central bankers from the G7 meet tomorrow in Tokyo ahead of the annual gathering of the IMF and the World Bank there, which concludes on Sunday. Although these meetings can very...

The IMF has reduced its projection for global growth this year yet again, and is now getting close to the 3% forecast which we have stuck to since January. However, while the IMF has also reduced its...

The world’s current account imbalances have narrowed since 2008 as a result of the downturn in the US and the surge in investment in China. However, we think they will widen again in the medium term...