Posted on February 22, 2017 by iMFdirect
By Prakash Loungani and Jonathan D. Ostry
Versions 中文 (Chinese), and Español (Spanish)
Over the past three decades, income inequality has gone up in most advanced economies and in many developing ones as well. Why? Much of the research on inequality has focused on advances in technology and liberalization of trade as the main drivers. While technology and trade are global trends that are difficult to resist, IMF studies have shown that the design of government policies matters and can help limit increases in inequality. Continue reading
Filed under: capital markets, developing countries, Economic research, growth, IMF, inclusive growth, income, Inequality | Tagged: capital markets, developing economies, Ethiopia, growth, IMF, iMFdirect blog, income distribution, income inequality, inequality, Jonathan Ostry, labor markets, Myanmar, Prakash Loungani, predistribution, redistribution, sustainable growth | Leave a comment »
Posted on February 2, 2017 by iMFdirect
Policymakers need good data to help them make good decisions.
Ravi Kanbur says producing statistics on inequality is never just a technical act; it has political consequences. Kanbur is a Professor of Economics at Cornell University and delivered the keynote speech at the Fourth IMF Statistical Forum on Statistics for Inclusive Growth.
Filed under: Asia, developing countries, Economic research, Emerging Markets, growth, IMF, inclusive growth, India, Inequality, International Monetary Fund, poverty | Tagged: Ravi Kanbur | Leave a comment »
Posted on January 24, 2017 by iMFdirect
By Prakash Loungani
Versions in 中文 (Chinese), Français (French), and Español (Spanish)
Four years ago, at the World Economic Forum in Davos, IMF Managing Director Christine Lagarde warned of the dangers of rising inequality, a topic that has now risen to the very top of the global policy agenda.
While the IMF’s work on inequality has attracted the most attention, it is one of several new areas into which the institution has branched out in recent years. A unifying framework for all this work can be summarized in two words: Inclusive growth. Continue reading
Filed under: Economic research, Globalization, growth, IMF, inclusive growth, Inequality | Tagged: Christine Lagarde, financial globalization, financial inclusion, gender, global policy agenda, governance, growth, IMF, iMFdirect blog, inclusive growth, inequality, International Monetary Fund, jobs, redistribution | Leave a comment »