This paper assesses the stance of monetary policy in eleven Sub-Saharan African (SSA) emerging and frontier market economies. We estimate neutral real interest rates using a range of methodologies, ...

This paper proposes a “quasi-agnostic” sign restriction procedure to identify structural shocks in frequentist structural vector autoregression (SVAR) models. It argues that low acceptance rates, ...

This paper documents five empirical facts about the role of strategic complementarities in firms’ price-setting behavior, using administrative data from Chilean firms. (1) Strategic complementarities ...

The Canadian economy has navigated the pandemic well and achieved a soft landing but rising trade tensions pose significant challenges. Amid sharp monetary tightening to control high levels of ...

This paper examines financial interconnectedness in Asia, particularly through Singapore, and the link between trade and financial flows. It finds that Asia's financial integration lags behind its ...

This report presents the findings and recommendations from the 2025 assessment of Botswana’s public sector debt statistics (PSDS) in relation to the IMF’s Data Quality Assessment Framework (DQAF) for ...

The UK’s productivity gap with the US has widened over the past two decades, with productivity growth rates decoupling after the Global Financial Crisis (GFC). This paper complements existing studies ...

A key challenge facing the UK is to increase growth, which has slowed down markedly since the Global Financial Crisis. As part of the government’s approach to this challenge, a new industrial strategy ...

The International Monetary Fund (IMF) has decided to close its Resident Representative Office in San José, which has been headed by Mr. Santiago Acosta-Ormaechea, effective mid-October 2025.

In the context of Uzbekistan’s transition to a market-based economy, the authorities have undertaken several reform measures that strengthened banking supervision. Starting in 2019, a new central bank ...

Quantitative easing (QE) has been criticized for helping fuel the post-COVID inflation boom and causing large central bank losses. In this paper, we argue that QE should be evaluated mainly on its ...

Medium-term growth prospects of Caribbean countries have weakened in recent years. We examine these trends by providing new estimates of potential GDP growth for the region. Our findings reveal a ...