What’s not to love about free data


By iMFdirect

The IMF has released a new, free online data tool.

You can find all sorts of good stuff: from budget numbers to balance of payments data, debt statistics to critical global indicators.  Good data supports good policy choices. With reliable and timely economic data, people can identify turning points in the economy or see looming risks.

*Wonky Warning* The data platform provides greater dynamic data visualizations, which show development over time and interact with each other. It includes a richer library of statistical tools, such as forecasting, smoothing, and aggregation. The platform strengthens the narrative and analysis of any data and allows users to customize their data experience.

Continue reading

Promises, Promises. Better Measuring the Effect of Pension Reform


By Benedict Clements

We all hope to retire one day. Our pensions hold the promise of that.

But when that promise is a public pension, it’s also a lot like debt the government has to pay at some point in the future.

Good fiscal policy means thinking about how policy decisions—especially ones that involve long-term promises, such as pensions—affect government finances both today and in the future.

Problems, problems

The first problem is that good fiscal policy hasn’t always ruled the day, to put it mildly. Today, pension reform is a priority for the advanced economies as current trends are unsustainable—see Commandment V—and for many emerging and low-income economies that need “to improve coverage of health and pension systems in a fiscally sound manner.” Continue reading

Follow

Get every new post delivered to your Inbox.

Join 1,003 other followers

%d bloggers like this: