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 20, 2025 · Space technologies can tackle many of the world’s most pressing business and societal challenges. This report by the World Economic Forum and McKinsey & Company shows that lower costs and improved access to space-enabled technologies such as communications; positioning, navigation and timing; and Earth observation services could take the global space …

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.

(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.

The International Monetary Fund (IMF) was founded in 1944 with a mission to promote global financial stability. But what is the IMF, and how it works?

Mar 25, 2025 · Global debt is soaring, with the IMF estimating global public debt at more than $100 trillion, or around 93% of global GDP. In the wake of World War II, ‘financial repression’ was used to bring down the debt-to-GDP ratio. But what is this debt reduction policy and what impact does it have over the long term?

May 15, 2024 · The IMF's report urges financial firms to boolster their cybersecurity capacity through efforts such as stress testing and information-sharing arrangements, among other recommendations. Moreover, the IMF calls on authorities to develop appropriate and adequate national cybersecurity strategies that are accompanied by regulatory frameworks.

Feb 20, 2025 · Since returning to the White House, US President Donald Trump has threatened and imposed new trade tariffs. Here are infographics to help explain their impact.