Search form

Newsletters

Related blogs to Otaviano Canuto

Argentina Avoids Falling into Arrears with the IMF

Otaviano Canuto | Posted : January 31, 2022

On January 28, both Argentina’s government and the International Monetary Fund staff made announcements about an understanding on new support program. Meanwhile, in addition to the payment of an amortization due on January 28, another payment is also expected in the first week of February. Both payments relate to the previous package, approved in 2018 and substantially disbursed thereafter. Non-payment could sour relations at a critical moment for a new program to be approved by the IMF's board of executive directors in time for disbursements to cover larger obligations due in March.

Comments

Will emerging economies face a hard landing?

Otaviano Canuto | Posted : January 26, 2022

The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023.

Comments

Supply Chain Disruptions and Bottlenecks Dampen the Global Economic Recovery

Otaviano Canuto | Posted : November 02, 2021

Scarcity of inputs and goods has been felt all over the world because of disruptions to global value chains since the beginning of the pandemic. Factory closures in China at the beginning of 2020, lockdowns in many countries and, subsequently, congestion in logistics networks for transporting goods, capacity constraints in the face of sudden increases in demand, and labor shortages, have combined to negatively affect the availability of inputs and products worldwide.

Comments

Permanent Output Losses From the Pandemic

Otaviano Canuto | Posted : October 21, 2021

In the World Economic Outlook, published October 12, the International Monetary Fund (IMF) slightly lowered its forecast for global economic growth this year to 5.9%, while maintaining a forecast of 4.9% for 2022. It also emphasized the “divergence” in the pace and extent of economic recovery in different countries.

Comments

The Road to Decarbonization

Otaviano Canuto | Posted : September 08, 2021

The report of the United Nations Intergovernmental Panel on Climate Change (IPCC), released at the beginning of August, left no room for doubt. According to its estimates, it will be necessary to accelerate the pace of global containment of carbon emissions if the expected increases in global average temperatures are to be kept below 2 or 1.5 degrees Celsius, with correspondingly less-dramatic climatic consequences. Even if emissions of greenhouse gases are reduced over the next few decades, global warming will continue for at least another century.

Comments

Pages

Turning Promises into Reality – The Business Case for Gender Equality in Achieving the SDGs

By Paula Tavares | Posted : October 25, 2019

 

As world leaders gathered this month for high-level talks at the 74th United Nations General Assembly, pressing global issues were at the forefront of discussions, including progress toward the 2030 Agenda and the Sustainable Development Goals (SDGs). While taking stock of how far we have come in realizing commitments in key areas, including to end poverty and hunger, expand access to health, education, justice and jobs, promote inclusive and sustained economic growth, and protect our planet from environmental degradation, heads of state and government convened at the SDG Summit also faced heightened pressure to increase actions and implementation efforts to achieve the 2030 Agenda goals and concrete targets agreed upon in 2015.

Comments

Fed Monetary Policy, Inverted Yield Curve and Outlook for US and Global Economy

Satyandra Nayak | Posted : August 27, 2019

 

Since the Fed’s July meeting, when the Fed Funds Rate had a 0.25% cut, fears about the impact of the US-China trade war on the global economy have escalated. The US yield curve inversion received much attention as a harbinger of a slowdown in the global and US economic outlooks. We approach here whether lights on next monetary policy events can be obtained from reading the minutes of the Fed’s meeting – and of the July meeting of the ECB governing council – released this week.

Comments

Pages