Δεν μπορώ να καταλάβω πως πολλοί ΔΕΝ γνωρίζουν την αξία της ψήφου.Η ΨΗΦΟΣ ΕΙΝΑΙ ΣΦΑΙΡΑ και σκοτώνει οταν ΔΕΝ σκέφτεσαι...Αυτό..
International Monetary Fund :"Daily Briefing: Annual Meetings | October 24"
Dear MARIA, welcome to the October 24 briefing from the Annual MeetingsIn this edition of the Daily Briefing, we highlight the Managing Director's Global Policy Agenda, a debate on tackling the global economy's low growth-high debt combination, G20 priorities, governor talks from Italy and Japan, and much more. |
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(Credit: Jonathan Ernst/IMF Photo) The global economy is in danger of getting stuck on a low-growth, high-debt path, said IMF Managing Director Kristalina Georgieva at Thursday’s Global Policy Agenda Press Briefing. Citing the October 2024 World Economic Outlook, Georgieva started with the positive news: the global economy has held up remarkably well; inflation continues to decline, largely because of measures taken by central banks; and for many countries, a soft landing is in sight. However, she also noted, “Families are still hurting from high prices. And global growth is still anemic. We expect the global economy to grow by 3.2 percent this year and slow to 3.1 percent annual growth in five years, the lowest medium-term outlook in decades.” Meanwhile, public debt is on track to surpass $100 trillion this year, an all-time high, she said. Presenting the IMF’s Global Policy Agenda, she noted its focus on two priorities: securing the soft landing, and breaking out of the low-growth, high-debt path. To get there, it will be important to move inflation back to target; deal with high debt and deficits; and carry out growth-boosting reforms. As these challenges are being tackled, it will be essential for cooperation on climate, technology, debt, and trade to continue, she said. |
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(Credit: Stephen Voss/IMF Photo) Policymakers must turn their attention to fiscal policy to stabilize debt and create space for investment that can spur global economic growth, IMF Managing Director Kristalina Georgieva told a debate on the global economy on Thursday. The world must overcome an “unforgiving combination” of low growth and high debt while people are still angry about the inflation shock that led to a spike in consumer prices, the IMF managing director said. Vera Daves de Sousa, Angola’s finance minister, said cash-strapped governments must make the right fiscal choices at a time of widespread political and social pressures. “Citizens are waiting for answers,” she said. Fiscal rules In Europe, fiscal rules must be loosened to boost investment and growth, according to Jean Pisani-Ferry, a senior fellow at the Bruegel think tank in Brussels. “We have no growth,” he said. “That makes all the problems we face more difficult.” Klaas Knot, President of De Nederlandsche Bank and Chair of the Financial Stability Board, agreed that spending must increase but called for greater integration and dismantling of trade barriers. “We can increase our growth potential and become more innovative.” Harvard Business School’s Laura Alfaro, a former minister of national planning and economic policy in Costa Rica, pointed to the success of reforms in stabilizing Latin America’s previously crisis-prone economies. Fiscal rules can work when they are flexible, she said, pointing to Jamaica’s success in repairing its public finances. |
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(Credit: Jonathan Ernst/IMF Photo) Brazil’s Finance Minister Fernando Haddad has reaffirmed the G20’s commitment to financial stability, fiscal sustainability, and climate action, with a focus on supporting low-income and heavily indebted countries. During a press briefing, Haddad emphasized the need for these priorities to evolve in response to global challenges. The impact of global market volatility and geopolitical shifts was also a key topic, with Haddad and Central Bank President Roberto Campos Neto discussing how the U.S. elections could affect global markets, particularly regarding migration, fiscal policies, and protectionism. As Brazil prepares to transfer the G20 presidency to South Africa in December, Haddad stressed the importance of maintaining continuity in the G20’s agenda. He expressed confidence that South Africa would further the initiatives led by Brazil, particularly in financial inclusion, climate action, and taxation of the wealthy. Reforming multilateral development banks and enhancing global cooperation will remain critical G20 objectives. |
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NUMBER OF THE DAYThanks to recent IMF reforms, borrowing costs for our members have been reduced by 36%. |
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(Credit: Stephen Voss/IMF Photo) IMF First Deputy Managing Director Gita Gopinath welcomed new partners to the Global Public Finance Partnership (GPFP) today: the European Commission, Denmark, Norway, and the Kingdom of Saudi Arabia. Gopinath said the GPFP, launched earlier this year to provide fiscal capacity development to emerging and developing economies, combines “under one roof the IMF’s fiscal capacity development support on revenue and spending. It also integrates cross-cutting priorities—including climate change, gender, inclusion, and digitalization.” She said the support GPFP provides comes at a critical moment, given the “difficult” economic environment facing member countries, and thanked partners for supporting the initiative. Fiscal Affairs Department director Vitor Gaspar said the GPFP builds on FAD’s 60-year history of providing technical assistance to member countries, and that the goal is to put scarce public resources to good use. Ministers of finance from Côte d’Ivoire and Paraguay shared their countries’ transformative experiences with capacity development. And high-level officials from Belgium, Luxembourg, the EC, and Norway highlighted the importance of the GPFP and their cooperation with the Fund on capacity development. The new partners join initial GPFP partners Belgium, France, Germany, Japan, Luxembourg, the Netherlands, Sweden, Switzerland, and the United Kingdom. |
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Get the latest on the future of digital currency with IMF Deputy Managing Director Bo Li. Also, hear from Francois Villeroy de Galhau, Governor of the Banque de France, on strategies for fostering medium-term growth. Watch Here |
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(Credit: Tangyu Zhang/IMF Photo) The European Central Bank (ECB) had to significantly change its monetary policy approach and communication when inflation picked up in the euro area, Bank of Italy governor Fabio Panetta said in the Governor Talks series. During the pandemic, when inflation was close to zero and the euro area policy rate was “at the zero lower bound,” the bank adopted “full commitment and forward guidance,” the former ECB executive board member said. “Then, when inflation became very variable and difficult to predict, we moved to a meeting by meeting [approach]. So from full commitment to no commitment.” As inflation converges towards the ECB target (of close but below 2 percent), Panetta believes that the euro area central bank can now focus its communication on the so-called reaction function of monetary policy, providing more guidance in line with its medium-term orientation and scenarios. “Finally, we should go back to a normal way to do monetary policy.” The Italian governor said the ECB projects converging to its inflation target in the earlier part of next year. “We were projecting … that we would get to 2 percent at the second half of 2025. That is going to happen much earlier,” he said. Panetta also commented on the ECB’s digital euro project, highlighting that the monetary authority’s main goal is to provide a digital version of the euro banknotes. “We cannot exclude that in the future cash will become a marginal means of payment.” Should that happen, “we might end up in a situation in which there is no means of payment that is issued by the central bank.” The euro area would then become a “strange” monetary union, “in which there is no public money, no common means of payment.” |
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(Credit: Jonathan Ernst/IMF Photo) Bank of Japan Governor Kazuo Ueda said it’s still early days for normalizing monetary policy, which remains “fairly easy.” But after raising the policy interest rate for the first time since 2007 and ending quantitative and qualitative monetary easing with yield curve control, the takeaways will take more time to come into focus. “We’re just a couple steps into normalizing policy and I think it’s too early to draw any solid lessons from our experience,” but the approach appears successful so far, Ueda said in a talk Wednesday with IMF Asia-Pacific Department Director Krishna Srinivasan. “The lucky part came from the very slow pace at which underlying inflation went up.” Ueda, who held roles in academia before taking the central bank’s top job in April 2023, also touched on demographics and the connection to prices. He pointed out several channels that negatively affected aggregate demand. “But now, the labor supply is shrinking in real time, so there’s a serious excess demand for labor in the market, which is now a factor in increasing wages,” he said. “And to some extent it’s been inflationary.” |
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The workshop on GovTech and Artificial Intelligence (AI) in Public Finance on Wednesday showcased the experiences of several countries, offering valuable insights for others. The first panel underscored that interoperability of digital fiscal platforms, as a part of Digital Public Infrastructure (DPI) initiatives, has been implemented in many nations (eg, Estonia and India) and often led to more efficient fiscal digital ecosystems. The second panel explored the transformative potential of both traditional and generative AI for ministries of finance, showing the experiences of Australia and Georgia. One takeaway was that finance ministries have a unique opportunity to spearhead the digital revolution within their governments. |
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Ο Ιστοχώρος μας ΔΕΝ ΛΟΓΟΚΡΙΝΕΙ τα κείμενα των Αρθρογράφων του. Αυτά δημοσιεύονται εκφράζοντας τους ιδίους.
Απαγορεύεται η αναδημοσίευση, αναπαραγωγή, ολική, μερική ή περιληπτική ή κατά παράφραση ή διασκευή ή απόδοση του περιεχομένου του παρόντος διαδικτυακού τόπου σε ό,τι αφορά τα άρθρα της ΜΑΡΙΑΣ ΧΑΤΖΗΔΑΚΗ ΒΑΒΟΥΡΑΝΑΚΗ και του ΓΙΑΝΝΗ Γ. ΒΑΒΟΥΡΑΝΑΚΗ με οποιονδήποτε τρόπο, ηλεκτρονικό, μηχανικό, φωτοτυπικό ή άλλο, χωρίς την προηγούμενη γραπτή άδεια των Αρθρογράφων. Νόμος 2121/1993 - Νόμος 3057/2002, ο οποίος ενσωμάτωσε την οδηγία 2001/29 του Ευρωπαϊκού Κοινοβουλίου και κανόνες Διεθνούς Δικαίου που ισχύουν στην Ελλάδα.
Tι ήταν η ΕΦΗΜΕΡΙΔΑ «ΠΟΛΙΤΙΚΗ»..για όσους δεν γνωρίζουν.
Η «ΠΟΛΙΤΙΚΗ» γεννήθηκε το 2000,ως συνέχεια του Περιοδικού «ΑΧΑΡΝΕΩΝ Έργα». Δημιουργήθηκε από Επαγγελματίες Εκδότες με δεκαετίες στον τομέα της Διαφήμισης, των Εκδόσεων και των Δημοσίων Σχέσεων και αρχικά ήταν μια Υπερτοπική Εφημερίδα με κύριο αντικείμενο το Αυτοδιοικητικό Ρεπορτάζ.
Επί χρόνια, κυκλοφορούσε την έντυπη έκδοσή της σε ένα ικανότατο τιράζ (5000 καλαίσθητων φύλλων εβδομαδιαίως) και εντυπωσίαζε με την ποιότητα της εμφάνισης και το ουσιώδες, μαχητικό και έντιμο περιεχόμενο της.
Η δύναμη της Πένας της Εφημερίδας, η Ειλικρίνεια, οι Ερευνές της που έφερναν πάντα ουσιαστικό αποτέλεσμα ενημέρωσης, την έφεραν πολύ γρήγορα πρώτη στην προτίμηση των αναγνωστών και γρήγορα εξελίχθηκε σε Εφημερίδα Γνώμης και όχι μόνον για την Περιφέρεια στην οποία κυκλοφορούσε.
=Επι είκοσι τέσσαρα (24) χρόνια, στηρίζει τον Απόδημο Ελληνισμό, χωρίς καμία-ούτε την παραμικρή- διακοπή
.
=Επί είκοσι τέσσαρα ολόκληρα χρόνια, προβάλλει με αίσθηση καθήκοντος κάθε ξεχωριστό, έντιμο και υπεύθυνο Πολιτικό της Πολιτικής Σκηνής. Στις σελίδες της, θα βρείτε ακόμα και σήμερα μόνο άξιες και χρήσιμες Πολιτικές Προσωπικότητες αλλά και ενημέρωση από κάθε Κόμμα της Ελληνικής Βουλής. Η «ΠΟΛΙΤΙΚΗ» ουδέποτε διαχώρησε τους αναγνώστες της ανάλογα με τα πολιτικά τους πιστεύω. Επραττε το καθήκον της, ενημερώνοντας όλους τους Ελληνες, ως όφειλε.
=Επί είκοσι τέσσαρα ολόκληρα χρόνια, δίνει βήμα στους αδέσμευτους, τους επιτυχημένους, τους γνώστες και θιασώτες της Αλήθειας. Στηρίζει τον Θεσμό της Ελληνικής Οικογένειας, την Παιδεία, την Ελληνική Ιστορία, προβάλλει με όλες της τις δυνάμεις τους Αδελφούς μας απανταχού της Γης, ενημερώνει για τα επιτεύγματα της Επιστήμης, της Επιχειρηματικότητας και πολλά άλλα που πολύ καλά γνωρίζουν οι Αναγνώστες της.
=Επί είκοσι τέσσαρα ολόκληρα χρόνια, ο απλός δημότης–πολίτης, φιλοξενείται στις σελίδες της με μόνη προϋπόθεση την ειλικρινή και αντικειμενική γραφή και την ελεύθερη Γνώμη, η οποία ΟΥΔΕΠΟΤΕ λογοκρίθηκε.
Η ΕΦΗΜΕΡΙΔΑ «ΠΟΛΙΤΙΚΗ», είναι ένα βήμα Ισονομίας και Ισοπολιτείας, έννοιες απόλυτα επιθυμητές, ιδιαιτέρως στις ημέρες μας. Είναι ο δικτυακός τόπος της έκφρασης του πολίτη και της εποικοδομητικής κριτικής, μακριά από κάθε στήριξη αφού δεν ετύγχανε οικονομικής υποστήριξης από Δήμους, Κυβερνήσεις ή όποιους άλλους Δημόσιους ή Ιδιωτικούς Φορείς, δεν είχε ΠΟΤΕ χορηγούς, ή οποιασδήποτε μορφής υποστηρικτές. Απολαμβάνει όμως Διεθνούς σεβασμού αφού φιλοξενεί ενημέρωση από αρκετά ξένα Κράτη πράγμα που της περιποιεί βεβαίως, μέγιστη τιμή.
Η ΕΦΗΜΕΡΙΔΑ «ΠΟΛΙΤΙΚΗ» διαγράφει απο την γέννησή της μια αξιοζήλευτη πορεία και απέκτησε εξ αιτίας αυτού,ΜΕΓΙΣΤΗ αναγνωσιμότητα.
Η Εφημερίδα «ΠΟΛΙΤΙΚΗ» κέρδισε την αποδοχή και τον σεβασμό που της ανήκει, με «εξετάσεις» εικοσι τεσσάρων ολόκληρων ετών, με συνεχείς αιματηρούς αγώνες κατά της τοπικής διαπλοκής, με αγώνα επιβίωσης σε πολύ δύσκολους καιρούς, με Εντιμότητα, αίσθηση Καθήκοντος και Ευθύνης.