May 14, 2024 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no …

Apr 16, 2024 · IMF loans are often accompanied by mandated economic reforms. These conditions can include controversial adjustments like fiscal austerity measures, privatization and interest rate hikes. Many of the mandated reforms have been criticized, with detractors arguing that the conditions can harm the public and are not fair to developing countries.

Jan 15, 2025 · Following the high global inflation of 2022-2023, headline inflation is expected to fall to 3.5% by year-end according to the IMF, a trend reflected in the GPRS survey results. Both inflation and economic downturn have slid dramatically down the rankings. However, the immediate risk of the latter has risen, up one place from last year to number ...

Jul 15, 2015 · (2) Equally important, the IMF failed to prioritise a strategy for Greece to regain competitiveness. The programme initially made a correct diagnosis of Greece’s major competitiveness problem. The problem was a result of the pre-crisis Ponzi scheme with ever-increasing deficits financing higher public salaries and rising pensions.

Oct 17, 2023 · Sub-Saharan Africa has been offered a seat on the IMF's executive board, underscoring the continent's growing importance. It is expected that the World Bank will follow suit. Natural resources and a young population make Africa a promising player in the global economy, but it is underrepresented in decisions regarding IMF and World Bank funding.

Dec 17, 2024 · The World Economic Forum's Annual Meeting 2025 takes place 20-24 January 2025, in Davos. Follow #WEF25 events online with guidelines below.

Jan 24, 2025 · The Annual Meeting 2025 of The World Economic Forum will take place at Davos-Klosters from 20th to 24th January 2025.

Oct 25, 2024 · The IMF recently raised Brazil’s growth forecast for this year to 3.0%, marking the largest upward revision among major economies. The Bank of Canada cut its key benchmark rate by 50 basis points to 3.75% on Wednesday, its first larger-than-usual move in over four years, reports Al Jazeera.

Oct 21, 2024 · The upcoming IMF and World Bank meetings provide a crucial platform for leaders to address pressing global economic challenges. Despite signs of optimism, fragile economic growth remains hampered by inflation, high debt and political uncertainty.

Jan 27, 2021 · The IMF’s DataMapper tool includes data on central government debt going back to the 1950s and has an interactive timeline showing how the world’s debt map has changed over the decades. In 1950, for example, government debt in the United States as a percentage of GDP was 78.2% – a year when the Korean War boosted growth and debt in the ...