Davide Furceri is an economist at the IMF’s Research Department. He previously worked as an economist at the European Central Bank and at the Organization for Economic C0-operation and Development. He has published extensively in academic journals in the area of macroeconomics, public finance and international macroeconomics.
The shocks that have shaken the global economy in recent years have introduced a new normal for turbulence, driven in some cases by political fragmentation between countries. These episod...
Since the beginning of the COVID-19 pandemic, countries worldwide have launched wide-scale fiscal support measures to mitigate the unprecedented output losses caused by necessary lockdown...
Vaccination is understood to be the way out of the COVID-19 pandemic and the economic crisis it engendered (Gopinath 2020). However, access to and uptake of COVID-19 vaccines, especially ...
Global uncertainty reached unprecedented levels at the beginning of the COVID-19 outbreak and remains elevated. The World Uncertainty Index—a quarterly measure of global economic and poli...
Al día de hoy, la crisis de la COVID-19 es considerada por muchos la peor calamidad económica desde la Gran Depresión. En enero, el FMI preveía que el crecimiento del ingreso mundial fues...
The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fa...
Even some staunch defenders of international trade have long been sceptical of the benefits of financial globalisation (e.g. Bhagwati 1998). Rodrik (1998) famously wrote that letting capi...
Rising trade uncertainty is cited as a driving factor for “sluggish global growth” in the current issue of the IMF’s World Economic Outlook, which describes the state of the world economy.
Policymakers around the world are fretting about trade uncertainty and its impact on the global economy. For instance, Christine Lagarde – the managing director of the International Monet...
The global economy is now projected to grow at 3.3% in 2019, down from 3.6% in 2018, according to the April 2019 edition of the IMF’s World Economic Outlook (IMF 2019). The IMF points out...
