President of the Eurogroup, Paschal Donohoe, has been in Washington this week to attend the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group. As President of the Eurogroup, Minister Donohoe participated in the G7 Finance Ministers and Central Bank Governors’ meeting as well as in a range of IMF meetings. […]
Not Yet on Track: Climate Threat Demands More Ambitious Global Action
New IMF analysis shows gaps in ambition and policy needed to achieve emissions curbs that contain global warming. In 1785, Robert Burns reflected on how humanity has come to dominate our planet: “I’m truly sorry man’s dominion, has broken nature’s social union,” he wrote. The Scottish poet’s words still ring true two centuries later. Man-made climate […]
Five Things to Know about the Informal Economy
The informal economy is a global and pervasive phenomenon. Some 60 percent of the world’s population participates in the informal sector. Although mostly prevalent in emerging and developing economies, it is also an important part of advanced economies. The informal economy consists of activities that have market value but are not formally registered. The informal […]
IMF on Dutch Economy: Connectedness of the Dutch Economy Leads to Lower GDP Growth Forecast
The Netherlands has one of the most internationally integrated economies in the world. This interdependence makes the country especially vulnerable to a global crisis like the COVID-19 pandemic. Comparing the Netherlands with other economies The Dutch economy is one of the most internationally integrated in the world. Dutch exports of goods and services are very […]