This paper assesses the financial outlook of the pension system in Comoros based on recent actuarial analyses and examines reform options. It documents structural imbalances arising from system design ...

Economic activity has remained resilient, supported by public consumption and infrastructure investment, but fiscal and ...

This note presents the key updates and revenue development highlights of the 2026 version of the IMF's World Revenue ...

For years, policymakers have treated government debt like an elastic band that could be stretched without ever snapping. They stretched during the global financial crisis and again during the COVID-19 ...

Thailand’s Ministry of Finance, the Bank of Thailand, and the International Monetary Fund (IMF) today took stock of preparations for the 2026 Annual Meetings of the IMF and the World Bank Group, which ...

Until recently, governments could postpone these choices by borrowing on convenient terms. But now, unprecedented debt levels and higher borrowing costs have raised the stakes. At the same time, ...

Many highly indebted advanced economies face a grim fiscal outlook. Under current policies, the public debt ratios of ...

Jigme Singye Wangchuck introduced his philosophy of gross national happiness, a more holistic measure of well-being than ...

A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to ...

Breakneck China ’ s Quest to Engineer the Future Dan Wang W. W. Norton & Company New York, NY, 2025, 288 pp., $31.99 . In ...

To get the most out of harm-based health taxes, countries must work together to account for regional market dynamics. Large tax differences across borders can motivate consumers to seek out cheaper ...

Senator Carter Glass plays a big role: His name graces a major piece of financial legislation passed after the 1929 crash. The Glass-Steagall Act brought about separation of commercial and investment ...