Jihad Azour, Director of the Middle East and Central Asia Department and Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department of the International Monetary Fund (IMF) ...

In the latest Global Financial Stability Report, we assess that global financial stability risks have grown significantly, ...

Tariffs will weigh on the global economy and dent the region’s post-pandemic economic momentum. That’s because exports have ...

Liechtenstein's labor market is characterized by a high reliance on non-resident workers, with commuters comprising the greater share of employment, particularly in higher-skilled occupations. With ...

This paper analyzes Liechtenstein's fiscal framework, highlighting its successful consolidation following the global financial crisis. The study examines the budget balance rule that anchors fiscal ...

First, Europe should aim for more, not less trade. Preserving openness is crucial given the importance of trade (Figure 5), ...

In the context of the Fifty-First Meeting of the IMFC that took place in Washington, D.C. on 24th and 25th April, IMFC members welcomed the ongoing efforts to end wars and conflicts, recognizing that ...

Liechtenstein has strategically positioned itself as a prominent financial center in the wake of the global financial crisis and increasing demands for transparency. The strategy emphasizes ...

In Liechtenstein, the gap between Gross Domestic Product (GDP) and Gross National Income (GNI) is significant due to the country’s economic structure as a financial center with a high percentage of ...

As the world economy faces unprecedented shifts, the dynamics of global trade, exchange rates and capital flows are evolving in ways that challenge established economic theory and policy frameworks.

Engaging on education spending supports the delivery on the Fund’s macroeconomic mandate. Education is a key determinant of economic growth and development and plays a fundamental role in reducing ...

The paper analyzes Liechtenstein's three-pillar pension system, assessing its structure, funding mechanisms, sustainability and adequacy challenges. Liechtenstein's pension system operates on a ...