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Discover Latest #IMF News, Articles and Videos with Contenting
Articles, news and videos about IMF. IMF News The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C. Its primary purpose is to ensure the stability of the international monetary system and to provide temporary financial assistance to countries in need. The IMF was created in 1945 and has since become one of the most influential international organizations in the world. It works to promote global economic growth, reduce poverty, and promote financial stability by providing loans and advice to its member countries.
Adam Smith’s capitalism demands constraints on markets, not blind faith in them | Mostly Economics
Oren Cass in IMF F&D (March 2025) edition reiterates what has been said multiple times but yet not understood: Adam Smith's invisible hand is not what economists have made it out to be. The academic economist’s dry prose usually benefits from an evocative metaphor. But we would all be better off if Adam Smith had…
Economics of talent: Finding the next Ramanujan | Mostly Economics
Ruchir Agarwal and Patrick Gaule in this IMF F&D article discusses why finding talent at a young age is important for economic development. They cite Ramanujan as a case of indentifying talent: Before he became one of the greatest mathematicians in history, Srinivasa Ramanujan was a young clerk in India’s southern port city of Madras.…
IMF to consider $20 billion Argentina deal in informal meeting, Bloomberg News reports
The IMF will discuss a four-year extended fund facility of about 15 billion Special Drawing Rights, the report said. Argentina's lower house on Wednesday passed a decree issued earlier in the month supporting a new IMF program, allowing the government to begin talks with the IMF to bolster central bank reserves and potentially undo capital controls. The decree, while not specifying the amount in dollars, said that the planned extended fund facility would involve a repayment period of 10 years with a grace period of four years and six months.
A View from the IMF on Nuances of Industrial Policy - Conversable Economist
Industrial policy can be defined as government policies that seek to shift the sectoral structure of an economy: for example, toward a certain high-technology industry, or toward a manufacturing industry, or in a lower-income country away from a heavy production of raw materials and agricultural goods and toward a greater emphasis on processing those outputs.