Commentary / World Aug 21, 2015
by Yoichi Funabashi
China has been transforming from a follower of rules to a rule maker and even a rule breaker thanks to the weight of its economy.
Commentary / World Aug 8, 2015
Figuring out the world's economic funk
by Robert Samuelson
Forecasters have repeatedly overestimated the global economy's strength because they underestimate the influence of the financial crisis and Great Recession on people's confidence.
Business / Economy Jul 30, 2015
Japan's growth to 2020 will be 'weaker than in deflation years,' IMF economist predicts
Despite progress made under "Abenomics," Japan's medium-term economic outlook is for growth that is actually weaker than during the nation's period of deflation, according to the International Monetary Fund. The assessment reflects disappointing levels of business investment and slower than expected progress in reforming the ...
Business / Economy Jul 24, 2015
TPP would raise growth, incomes in Japan, IMF economist forecasts
A Pacific free trade pact would give a big boost to Japan's economic growth and individual incomes, according to an International Monetary Fund economist. "It could be annually between 0.2 to 0.3 percent (percentage point) per year as an additional impact on growth," Luc Everaert, ...
Business Jul 23, 2015
Growth unlikely to be as strong as Abe administration wishes: IMF report
The International Monetary Fund warned that Japan's economy is unlikely to grow as strongly as the Abe government wishes in the medium term due partly to a labor shortage in the graying society. Prime Minister Shinzo Abe's administration decided last month to aim for a ...
Commentary / World Jul 20, 2015
Asia's view of the Greek crisis
by Lee Jong-Wha
Perhaps Greece should look to Asia for proof that, by taking responsibility for its own destiny, a country can emerge stronger from even the most difficult trials.
Business Jul 15, 2015
Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of its economy and banks in the last two weeks, says a confidential study by the International Monetary Fund seen by reporters. The ...
Business / Economy Jul 10, 2015
The International Monetary Fund slashed its 2015 growth projections on Thursday for the world due to a setback for the U.S. economy as well as Japan, citing continuously weak consumption. The global economy is expected to expand 3.3 percent this year in terms of real ...
Business Jun 8, 2015
Corruption, environment, governance issues must be addressed before Japan weighs AIIB entry: Abe
Leaders of the Group of Seven industrial nations discussed a new Chinese-led Asian investment bank at their summit on Sunday, with Prime Minister Shinzo Abe underlining the need to address issues like corruption, his spokesman said. While 57 countries, including G-7 members Britain, Germany and ...
Business / Economy May 23, 2015
BOJ should map out plan for increased monetary easing to boost economy: IMF delegation
The International Monetary Fund said Saturday that the Bank of Japan "needs to stand ready" for further monetary easing to accelerate the country's economic recovery, warning of differences between the central bank and market inflation forecasts. Though market inflation expectations "rose markedly" since the BOJ ...
Commentary / World Apr 20, 2015
Asia's tough love agenda for IMF, World Bank
by William Pesek
It's time for developing countries to have a greater say in managing the global economy.