Long-term strengthening of the international monetary system will require concerted efforts from policymakers in advanced and emerging economies alike, a Washington seminar heard. The event discussed a new book on the rise of the dollar in the 20th century by Berkeley economics professor Barry Eichengreen. IMF Survey Magazine
Despite increasing uncertainty about the state of the global economy, Australia’s booming commodities sector gives the country an almost unprecedented opportunity to protect itself against future shocks, says the IMF in its annual report on the state of the Australian economy. IMF Survey Magazine
What will happen to the future of gold and oil?