This paper proposes a “quasi-agnostic” sign restriction procedure to identify structural shocks in frequentist structural vector autoregression (SVAR) models. It argues that low acceptance rates, ...

This paper assesses the stance of monetary policy in eleven Sub-Saharan African (SSA) emerging and frontier market economies. We estimate neutral real interest rates using a range of methodologies, ...

This report presents the findings and recommendations from the 2025 assessment of Botswana’s public sector debt statistics (PSDS) in relation to the IMF’s Data Quality Assessment Framework (DQAF) for ...

The Canadian economy has navigated the pandemic well and achieved a soft landing but rising trade tensions pose significant challenges. Amid sharp monetary tightening to control high levels of ...

This paper examines financial interconnectedness in Asia, particularly through Singapore, and the link between trade and financial flows. It finds that Asia's financial integration lags behind its ...

This paper documents five empirical facts about the role of strategic complementarities in firms’ price-setting behavior, using administrative data from Chilean firms. (1) Strategic complementarities ...

Cyber risk is highly relevant to the financial sector and financial stability of Canada. According to the Canadian Centre for Cyber Security (CCCS), in 2021, 23.9 percent of finance and insurance ...

In the context of Uzbekistan’s transition to a market-based economy, the authorities have undertaken several reform measures that strengthened banking supervision. Starting in 2019, a new central bank ...

The COVID-19 pandemic has taken a turn for the worse in some parts of the world, and the global economy is projected to grow by 5.9 percent in 2021 and by 4.9 percent in 2022 (0.1 percentage point ...

Medium-term growth prospects of Caribbean countries have weakened in recent years. We examine these trends by providing new estimates of potential GDP growth for the region. Our findings reveal a ...

This report provides technical assistance to Sierra Leone in operationalizing its crisis management framework for banks, following the adoption of a legal framework for bank resolution and liquidation ...

A key challenge facing the UK is to increase growth, which has slowed down markedly since the Global Financial Crisis. As part of the government’s approach to this challenge, a new industrial strategy ...