IMF blog urges Japanese women to keep working full-time and have children
The International Monetary Fund wants to see a shift in Japan's labor policy that would encourage women to take on more full-time work and also have children, according to a blog on its website. The blog noted that while Japanese men have "traditionally enjoyed lifetime ...
IMF chief says labor reform can be a 'game changer' for Japan's economy
The head of the International Monetary Fund said Wednesday that Japan's efforts to promote labor reform and improve child care can together be a "game changer" for the economy and lift growth. Speaking at a seminar in Tokyo, IMF Managing Director Christine Lagarde said demographics ...
Japan labels North Korea 'significant geopolitical risk' to global economy
Deputy Prime Minister Taro Aso singles out North Korea’s development of deliverable nuclear weapons as “the most significant geopolitical risk” to steady and broad-based economic growth.
The International Monetary Fund spent decades telling the world's governments how to run their economies on an American-inspired blueprint that became known as the Washington Consensus. But there wasn't much consensus between the IMF and the White House on Wednesday when an unusually public disagreement ...
IMF raises Japan growth forecast to 1.5% as broad-based global recovery 'gathers steam'
The International Monetary Fund on Tuesday forecast Japan's economy will grow 1.5 percent this year, up 0.2 percentage point from its estimate in July, as the "broad-based" global recovery has gathered steam. In its latest World Economic Outlook, the IMF raised its global growth projection ...
IMF urges Japan to boost foreign, female and elderly labor participation
The International Monetary Fund has called on Japan to promote the use of foreign workers and the participation of women and elderly people in the labor market as part of efforts to achieve firmer and sustained growth. In its assessment of the Japanese economy following ...
IMF sees Japan's 2017 growth higher at 1.3%, upgrades forecasts for China, ASEAN
The International Monetary Fund's latest forecast leaves world economic growth unchanged at 3.5 percent this year and 3.6 percent next year, with upgrades for Japan, China and emerging Asian markets offsetting a downward projection for the United States. In an update Sunday to the IMF's ...
Top IMF official urges Japan to labor market, structural reforms
Japan should capitalize on its current economic expansion by pushing for labor and other structural reforms, the International Monetary Fund said Monday. The IMF also said the country's monetary policy should be accommodative, calling on the Bank of Japan to "carefully calibrate" its yield curve ...
IMF warns Asia to learn from Japan's experience, act early on rapidly aging populations
Asia has enjoyed demographic dividends in the past, but the growing number of elderly is set to create a demographic “tax” on growth, a report said.
It's no longer business as usual for the global economic order.
IMF raises 2017 growth forecast for Japan to 0.8%, says U.S. will grow 2.3%
The International Monetary Fund said Monday that Japan's economy is expected to grow 0.8 percent this year, up 0.2 percentage point from its estimate in October, mostly on account of a stronger-than-expected performance during the latter part of last year. The IMF also raised upward ...
Lagarde keeps IMF job, escapes penalty after negligence conviction in France
International Monetary Fund chief Christine Lagarde escaped punishment and kept her job on Monday despite a conviction on negligence charges over a state payout made while she served as France's finance minister in 2008. The executive board representing the IMF's 189 member countries reaffirmed its ...
