U.S. Participation in the International Monetary Fund (IMF): A Primer
WEBOct 23, 2018 — The International Monetary Fund (IMF) was created in the wake of the Great Depression to promote stability in global financial markets. Nearly all countries are members of the IMF, but the United States is the largest cumulative contributor to the IMF at $155 billion and the largest voting bloc—holding effective veto power for many decisions.
New Primer on U.S. Support for the International Monetary Fund
WEBOct 23, 2018 — The International Monetary Fund was created in the wake of the Great Depression to promote stability in global financial markets. Nearly all countries are members of the IMF, but the United States is the largest cumulative contributor to the IMF at $155 billion and the largest voting bloc—holding effective veto power for many decisions.
The IMF Warns the U.S. - AAF
WEBApr 19, 2024 — Eakinomics has pointed out the continual malfeasance that is U.S. federal budget policy. Now the International Monetary Fund (IMF) has weighed in. The basic story was in every newspaper, but as the Financial Times put it: “The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose ‘significant risks’ for the global […]
How Much Would Ending Fossil Fuel Subsidies Help Renewable …
WEBAug 4, 2016 — Estimates of fossil fuel subsidies are often misleading because they include costs beyond actual government spending on energy. For example, the International Monetary Fund (IMF) states that the U.S. “subsidizes” fossil fuel companies by $699 billion annually—even bigger than the defense budget. However, of this $699 billion estimate ...
The International Response to the COVID-19 Pandemic - AAF
WEBApr 14, 2020 — The United States has enacted several large economic policy packages in response to the coronavirus pandemic, but it is not alone in pursuing dramatic economic measures, as AAF’s Director of Immigration and Trade Policy Jacqueline Varas outlines in a new analysis. Varas highlights the responses from both international institutions and individual countries and notes that while […]
New IMF Study Finds The U.S. Can Be Energy Independent in 12 …
WEBMay 13, 2015 — For just a brief moment imagine the U.S. with an energy strategy that could make the nation independent of the Organization of the Petroleum Exporting Countries (OPEC) and free from finicky oil and gas markets. The International Monetary Fund did just that – they examined the prospect of the U.S. becoming energy self-sufficient in 12 years.
Understanding the U.S.-China Currency Battle - AAF
WEBAug 13, 2019 — According to the Omnibus Trade and Competitiveness Act of 1988, once a country is designated a currency manipulator, the Treasury Secretary must “initiate negotiations with such countries in the International Monetary Fund or bilaterally to ensure that they regularly adjust the exchange rates between their currencies and the U.S. dollar ...
U.S.-China Trade War in Global Perspective - AAF
WEBOct 15, 2018 — But there is a global economic growth issue as well. As nicely illustrated by Tony Fratto, the International Monetary Fund (IMF) expects the global economy to grow at an overall rate of 3.7 percent in 2019, with China projected at 6.2 percent and the United States at 2.5 percent. Given the sizes of these economies, this implies that China will ...
Buy America Regulations May Raise Cost of Subsidized Infrastructure
WEBJul 7, 2017 — AAF observed the rolling stock procurement costs for metro systems in advanced economies (as defined by the International Monetary Fund (IMF)), and found that there is indeed a cost-differential, and it exceeds 25 percent. Below is the cost of metro cars in 14 foreign cities, compared to 5 domestic cities.
What Do We Learn When the ITC Uses CGE to Inform USMCA …
WEBApr 18, 2019 — The Daily Dish. Serving economic news and views every morning.