World Economic Outlook 2023

World Economic Outlook 2023: A Rocky Recovery?

>Friday 21 April 2023, 17:00 - 18:30

Room Eugène d'Eichtal, 27 rue Saint-Guillaume

Registration is compulsory: register here

Join three economists of the International Monetary Fund (IMF) who will discuss what we can expect for the global economy in the near and medium term, based on the three main chapters of the IMF's flagship World Economic Outlook report.

Chapter 1 presents IMF’s views on the global economy and needed policies.

Chapter 2 uses complementary empirical and theoretical approaches to study the evolution of the natural rate of interest, the real interest rate which is consistent with output at potential and stable inflation, in several large advanced and emerging market economies. The chapter also provides projections of the natural rate based on different scenarios and its impact on monetary and fiscal policies.

Chapter 3 looks at the effectiveness of different approaches such as fiscal consolidations and debt restructurings to reduce public debt, against the backdrop of soaring public debt-to-GDP ratios on the back of the pandemic. Drawing on both statistical analysis and case studies, it quantifies the macroeconomic effects of these approaches to draw out policy lessons for advanced, emerging, and low-income economies faced with high public debt in the current environment.

GUEST SPEAKERS

Mehdi Benatiya Andaloussi

Economist in the World Economic Studies Division of the IMF's Research Department

Mehdi Benatiya Andaloussi completed his PhD from Columbia University and holds a master’s degree from Mines de Paris. In the past, he held positions at the World Bank and in area Departments at the IMF.

Diaa Noureldin

Economist in the World Economic Studies Division of the IMF's Research Department

Diaa Noureldin holds a DPhil in Economics from the University of Oxford. Before joining the IMF, he held positions at the American University in Cairo and the Oxford-Man Institute of Quantitative Finance.

Nikhil Patel

Economist in the Research Department at IMF

Nikhil Patel holds a PhD in Economics from Columbia University. In the past, he has held positions at the Bank for International Settlements, the Asian Development Bank and the Hong Kong Institute for Monetary and Financial Research.

MODERATED BY

Golvine de Rochambeau

Assistant Professor in the Department of Economics, Sciences Po ; Scientific Advisor of the Master in International Development at PSIA

Golvine de Rochambeau's research interests are in the field of development, and particularly the private sector in developing countries. Her research projects include looking at the effect of monitoring devices in the trucking industry and evaluating a training program for SMEs.