IMF sees Japanese talent locked in low-paying jobs
The rich and powerful versus the weak and underpaid. That's how the International Monetary Fund sees Japan's relationship between employers and workers. Unless more is done to address the problems in the country's labor market, Japan as a whole will be the loser, according to ...
IMF lending nations seek veto power over bilateral credit lines
Countries that provide bilateral credit lines to the International Monetary Fund want the power to veto loans drawn from those precautionary arrangements, according to people familiar with the discussions. The IMF has been in talks with more than 30 countries that made available $393 billion ...
IMF's radical wage plan for Japan turns Nixon policy on its head
In a sign of how worried it is about Japan's economy, the International Monetary Fund is urging the country to resurrect a radical strategy once employed by former U.S. presidents Nixon, Ford and Carter — only in reverse.
Airing the IMF's dirty laundry
The IMF's role in Europe's post-2008 crisis shows why it needs an independent management team that can make decisions free of political interference.
The government of Prime Minister Shinzo Abe should step up efforts to revamp the labor market, encourage businesses to raise wages and restore the nation's debt-ridden finances through consumption tax increases as part of efforts to spur the flagging Abenomics policy mix, the International ...
G-20 finance chiefs expected to put 'all policy tools' on the table after Brexit vote
Finance chiefs of the world's 20 leading economies are expected to vow further cooperation this weekend to ensure economic and market stability after Britain voted to leave the European Union last month. At a two-day meeting starting Saturday in the Chinese city of Chengdu, the ...
The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain's vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies. The IMF sees global gross domestic product rising 3.1 ...
IMF report calls for 'Abenomics' reload as quest for goals continues
Japan is falling short of its economic targets and needs to reload the "three arrows" of "Abenomics" to support higher wages and labor-market reforms, the International Monetary Fund said in a report published Monday. "Under current policies, the high nominal growth goal, the inflation target, ...
Economists at the International Monetary Fund question are finding that neoliberalism isn't all it's cracked up to be.
The global economy is slowing, and political problems are as much to blame as economic ones.
The International Monetary Fund urged Japan on Wednesday to go ahead with a planned hike in consumption tax next April in order to secure funds for further economic stimulus. In the semiannual Fiscal Monitor report, the Washington-based lender called for an increase in the consumption ...
IMF foresees Japan being sole advanced economy shrinking in 2017
The International Monetary Fund on Tuesday set out a vision of Japan being the world's only advanced economy that is shrinking in 2017 due to the impact of a planned consumption tax hike. The fund also cut its global growth projection for the current year, ...
