Posted on March 24, 2017 by iMFdirect
Women the world over often find themselves on the bottom rung of the employment ladder looking up. In low-income countries, the obstacles can be enormous.
In this podcast, Hilma Mote of the African Region’s International Trade Union Confederation talks about the challenges African women and youth face given the continent’s rapidly growing labor force. Continue reading
Filed under: Africa, Gender issues, International Monetary Fund, labor force | Tagged: Africa Region's Trade Union Confederation, Hilma Mote | Leave a comment »
Posted on March 17, 2017 by iMFdirect
As the Group of Twenty finance ministers and central bank governors meet in Germany this week, policymakers are looking to increase investment in Africa.
Jamie Drummond is co-founder of ONE Campaign, and in this podcast he says it’s no surprise Africa is on the agenda. Continue reading
Filed under: Africa, education, IMF, inclusive growth, jobs | Tagged: Africa, demographics, education, health care, IMF, IMF podcasts, imfblog, investment, job creation, youth | Leave a comment »
Posted on March 10, 2017 by iMFdirect
Eric Hanushek is an expert on the relationship between education and economics, and he says the only thing that matters for a country is the skills of its people.
“Countries that have lots of skills grow faster than countries that have low skills, and that’s an easy way to explain what’s going on in Africa and Latin America, where the skills are very low, and the countries are just not growing in the long run.” Continue reading
Filed under: Africa, education, International Monetary Fund, Latin America | Tagged: Eric Hanushek, IMF podcasts, skills, Testing Methodology | Leave a comment »
Posted on February 21, 2017 by iMFdirect
By Ghiath Shabsigh, Ross Leckow, and Zeine Zeidane
Versions in: Arabic, French, Indonesian, and Malay
Islamic banking, a small but fast-growing corner of the financial world, is receiving greater attention from regulators and policy makers. The IMF recently adopted a set of proposals on Islamic banking and called for a more comprehensive set of policies to ensure financial stability in countries with Islamic banking and support the sound development of the industry. The IMF is now calling for additional work and cooperation by its staff with other international agencies to improve the adoption of relevant standards for Islamic banking and to address remaining regulatory gaps. Continue reading
Filed under: Africa, banking, Central Asia, Economic research, Europe, Financial regulation, IMF, International Monetary Fund, Middle East, monetary policy | Tagged: banking, banking regulation, Central Asia, financial sector, financial stability, IMF, iMFdirect blog, Islamic banking, islamic finance, Islamic Financial Services Board, Middle East, sukuk | Leave a comment »
Posted on January 31, 2017 by iMFdirect
By Rabah Arezki
Agriculture and food markets are plagued with inefficiencies that have dramatic consequences for the welfare of the world’s most vulnerable populations. Globally, farm subsidies amount to over $560 billion a year—equivalent to nearly four times the aid given to developing countries by richer ones. Major emerging-market nations have increased subsidies rapidly, even as rich nations cut theirs drastically. Meanwhile, tariffs on farm products remain a major point of contention in global trade talks.
One third of global food production goes to waste, while food insecurity is still rampant in developing countries. Even with the explosion of agricultural productivity since the middle of the 20th century, food security remains a challenge for much of the developing world. Food-calorie production will have to expand by 70 percent by 2050 to keep up with a global population that’s forecast to grow to 9.7 billion from last year’s 7.3 billion. Food insecurity can lead to violence and conflicts that can spill over well beyond borders. Continue reading
Filed under: Africa, Asia, China, commodities, developing countries, Emerging Markets, Globalization, IMF, India, International Monetary Fund, Investment, natural disasters, poverty, trade | Tagged: agriculture, Farm Subsidies, Food Insecurity, Sub-Saharan Africa | Leave a comment »
Posted on November 2, 2016 by iMFdirect
By Jesus Gonzalez-Garcia and Montfort Mlachila
Versions in Français (French), and Português (Portuguese)
Migration of sub-Saharan Africans is growing rapidly. Just like the region’s population, the number of migrants doubled since 1990 to reach about 20 million in 2013. In the coming decades, migration will expand given the demographic boom in the working-age population—the group that typically feeds migration. We studied these trends in a recent paper because both receiving and sending countries need the right policies so all can benefit.
Filed under: Advanced Economies, Africa, developing countries, Economic research, Employment, growth, International Monetary Fund, labor force, Migration, refugees | Tagged: advanced economies, Cote d’Ivoire, demographics, economic growth, France, IMF, iMFdirect blog, International Monetary Fund, labor force, Migration, OECD, refugees, South Africa, Sub-Saharan Africa, United Kingdom, United States | Leave a comment »
Posted on October 26, 2016 by iMFdirect
The IMF’s latest regional economic outlook for Sub-Saharan Africa shows growth at its lowest level in more than 20 years. In this podcast, the African Department’s new Director, Abebe Aemro Selassie, says it’s a mixed story of struggling oil-exporters and strong performers.
Filed under: Africa, banking, developing countries, Economic research, Finance, Fiscal, growth, IMF, International Monetary Fund, LICs, monetary policy, oil, poverty, technology | Tagged: Abebe Aemro Selassie, Angola, Cote d’Ivoire, education, financial inclusion, fuel subsidies, health care, infrastructure, investment, Nigeria, senegal, South Africa, Tanzania, tax systems | Leave a comment »