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Fiscal risks remain significant in both advanced and emerging market and developing economies. Fiscal policy continues to play an essential role in building con

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a

The global economy remains fragile at this time. While the recovery in advanced economies is softening, many emerging market and developing economies have exper

This report discusses fiscal trends in policies aimed at reducing fiscal vulnerabilities and boosting medium-term growth, recent fiscal developments and the fis

This publication is a survey by the IMF staff, published twice a year, in the spring and fall, as part of the IMF’s World Economic and Financial Surveys. The