研究报告·宏观策略研究 海外宏观周报（2025 年第 22 期） 2025 年 6 月 23 日 民银国际研究团队 应习文 电 话：+852 3728 8180 Email：xiwenying@cmbcint.com 相关报告： 主要大类资产走势： | | | | 2025-06-20 | | 周变动 | | --- | --- | --- | --- | --- | --- | | 美国国债收益率10Y | | | | 4.38 | -3.0 bp | | 美国国债收益率2Y | | | | 3.90 | -6.0 bp | | 日本国债收益率10Y | | | | 1.44 | 1.0 bp | | 日本国债收益率2Y | | | | 0.73 | -0.8 bp | | 德国国债收益率10Y | | | | 2.52 | 3.0 bp | | 德国国债收益率2Y | | | | 1.84 | 1.0 bp | | 标 普500指 数 | | | | 5967.84 | -0.15 % | | 纳斯达克指数 | | | | 19447.41 | 0.21 % | | 道琼斯工业指数 | | | | 422 ...

Enhancing Judicial System Efficiency in Greece: Drivers and Economic Impact Katherine Dai, Mariusz Jarmuzek, Ritong Qu, and Amira Rasekh SIP/2025/57 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on March 11, 2025. This paper is also published separately as IMF Country Report No 25/49. 2025 MAY © 2025 International Monetary Fund SIP/2025/57 IMF Selected Is ...

Improve Resource Allocation to Boost Growth in Greece Ritong Qu SIP/2025/58 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on March 11, 2025. This paper is also published separately as IMF Country Report No 25/49. 2025 MAY © 2025 International Monetary Fund SIP/2025/58 | JEL Classification Numbers: | D24, E22, F41, O16, O47 | | --- | --- | | Keywords: | Pr ...

Assessing Thailand's Debt Ceiling—Room for Recalibration? Seunghwan Kim 2025 MAY © 2025 International Monetary Fund SIP/2025/054 IMF Selected Issues Paper Asia and Pacific Department Assessing Thailand's Debt Ceiling—Room for Recalibration? Prepared by Seunghwan Kim SIP/2025/054 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on January 27, 2025. This paper ...

Household Deleveraging: International Practices Thailand Ying Xu SIP/2025/055 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on January 27, 2025. This paper is also published separately as IMF Country Report No 25/46. 2025 MAY © 2025 International Monetary Fund SIP/2025/055 IMF Selected Issues Paper Asia and Pacific Department Household Deleveraging: Inter ...

Debt-at-Risk Davide Furceri, Domenico Giannone, Faizaan Kisat, W. Raphael Lam, and Hongchi Li WP/25/86 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. 2025 MAY © 2025 International Monetary Fund WP/25/86 IMF Working Paper Fiscal Affairs Department Debt-at-Risk Prepare ...

Leveraging Digital Technologies in Boosting Tax Collection Manabu Nose, Nicola Pierri, and Jiro Honda WP/25/89 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. 2025 MAY © 2025 International Monetary Fund WP/25/89 IMF Working Paper Fiscal Affairs Department Leveraging D ...

© 2025 International Monetary Fund [SIP/2025/053] IMF Selected Issues Paper European Department Andorra: Income and Its Drivers in a Long-Term Perspective Prepared by Mariarosaria Comunale Andorra: Income and Its Drivers in a Long-Term Perspective Mariarosaria Comunale SIP/2025/053 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on March 12, 2025. This pape ...

Fiscal Implications of Aging in Andorra: Pension and Healthcare System Reforms Aidyn Bibolov SIP/2025/052 IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on March 12, 2025. This paper is also published separately as IMF Country Report No 25/55. 2025 May © 2025 International Monetary Fund [SIP/2025/052] IMF Selected Issues Paper European Department Fiscal Im ...

Electronic copies of IMF Policy Papers are available to the public from http://www.imf.org/external/pp/ppindex.aspx International Monetary Fund Washington, D.C. May 2025 © 2024 International Monetary Fund GUIDELINES FOR INVESTING PRG, RS, PRG-HIPC, AND CCR TRUSTS' ASSETS IMF POLICY PAPER GUIDELINES FOR INVESTING PRG, RS, PRG-HIPC, AND CCR TRUSTS' ASSETS IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations. The followi ...