European electricity markets are in the midst of unprecedented changes—caused by Russia’s invasion of Ukraine and the rise of renewable sources of energy. Using high-frequency data, this paper ...

The Executive Board of the International Monetary Fund (IMF) met today to discuss the Ex-Post Evaluation (EPE) of Argentina’s exceptional access under the 2022 extended arrangement under the Extended ...

Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared ...

Uruguay recently confronted the impact of a once-in-a-century severe drought, which affected key agricultural areas, and caused significant direct losses to the agricultural sector, especially for ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The Middle East (ME) is often perceived as region with rentier economies and uncompetitive markets. Evidence of market ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses under what circumstances residence and citizenship by investment (RBI or CBI) schemes could be used by ...

We explore the effect of (big) shocks on the allocation of (bilateral) aid using natural disasters as natural experiments. We find that aid commitment statistically significantly increases following ...

This technical assistance report outlines the current state and future objectives for regulating crypto assets in the Republic of Kenya. The report, prepared at the request of Kenya's Capital Markets ...

In parallel with global developments, inflation in the Central Asia and Caucasus (CCA) has exhibited large swings in recent years. This paper investigates inflation dynamics in the CCA and its main ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We use a shift-share approach to estimate the impact of inward immigration on local inflation in the United States. We find ...