The hottest IMF Substack posts right now

Milei's Davos speech highlighted the threat to Western values from collectivism.
Reforms under Milei's administration aim to make Argentina more trade-friendly.
Inflation challenges persist in Argentina, with measures taken to stabilize the economy.

The push towards cashless societies is driven by narratives of convenience, safety, and financial inclusion, but it also impacts privacy.
Central Bank Digital Currencies (CBDCs) pose a threat to decentralized transactions and individual control over finances.
In regions like the Southern Cone, the transition to digital payments is accelerating, but the shadow economy and cash transactions still play a significant role.

Economic development and financial crisis management are challenging tasks.
The IMF and World Bank should focus on their original missions and priorities.
Preparing for a changing world and AI-proofing your career is essential for staying relevant and valuable.

The International Monetary Fund (IMF) recognizes the decline of the dominance of the US dollar, with the Chinese yuan and other currencies gaining influence
Since 2000, there has been a shift in the distribution of global foreign exchange reserves, with a rise in "nontraditional currencies" from smaller countries
Western sanctions on Russia have led to discussions about alternative payment mechanisms, such as using other currencies like the Chinese yuan, showing potential challenges to US dollar hegemony

BRICS countries have overtaken the G7 in GDP based on PPPs
Share of G7 nations in global GDP is falling, while that of BRICS nations is rising
India's contribution to global GDP has risen significantly, ranking 3rd in 2022

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