Posted on March 13, 2017 by iMFdirect
By Angana Banerji, Era Dabla-Norris, Romain Duval, and Davide Furceri
Versions in 中文 (Chinese), Français (French),Deutsch (German), Русский (Russian), and Español (Spanish)
Many advanced countries need structural reforms to make their economies more productive and raise long-term living standards. Our new research shows that provided countries can afford it, fiscal policy, through spending or tax incentives, can help governments overcome some obstacles to the reforms, particularly in the early stages. Continue reading
Filed under: Advanced Economies, Fiscal policy, International Monetary Fund, labor markets, structural reforms | Tagged: An Optimist’s Guide to Thriving in the Age of Accelerations, corporate taxes, debt, deregulation, employment, Finland, fiscal policy, GDP, Germany, growth, Ireland, jobs, labor market reforms, product market reforms, productivity, spending, tax incentives, tax revenues, the Netherlands, United Kingdom | Leave a comment »
Posted on September 20, 2016 by iMFdirect
By Stephan Danninger
The U.S. labor market seems to have finally healed. The unemployment rate has been below 5 percent for some time and job growth is steady. And more Americans are coming back to the labor market—in other words, labor participation is increasing. Yet, despite a bump-up in 2015, wage growth so far this year—compared to the 2000s—is still disappointingly low (see Chart 1). This is worrying because consumer spending, which makes up the majority of U.S. economic output, cannot continue at the current pace unless wages grow. Continue reading
Filed under: growth, International Monetary Fund, labor markets, unemployment | Tagged: consumer spending, education, IMF, productivity, United States, vocational training, wages | Leave a comment »
Posted on September 7, 2016 by iMFdirect
Are robots taking over the world economy? Life imitates art, and as robotic technology becomes more sophisticated, robots could soon become perfect substitutes for human labor.
Filed under: Advanced Economies, Economic research, Employment, Globalization, growth, IMF, income, Inequality, International Monetary Fund, labor force, labor markets, technology | Tagged: Andrew Berg, capital, Edward F. Buffie, Finance & Development magazine, global economy, Luis-Felipe Zanna, robots | Leave a comment »
Posted on August 23, 2016 by iMFdirect
It’s been a busy summer, and you might not have had a chance to read everything as it came across your screen. So as your holidays wind down and you head to work, the editors at iMFdirect have put together some key blogs on hot topics to help you get back up to speed by September.
Filed under: Advanced Economies, Asia, banking, China, climate change, Emerging Markets, Employment, Europe, IMF, inflation, International Monetary Fund, labor markets, monetary policy, oil, refugees, U.S. | Tagged: aging work force, carbon tax, China, emigration | Leave a comment »
Posted on June 22, 2016 by iMFdirect
By Christine Lagarde
Version in Español (Spanish)
The U.S. economy is in good shape, despite some setbacks in very recent months. The latest IMF review of the U.S. economy can be summed up in three numbers: above 2, below 5, and 4. What does that mean?
Filed under: Advanced Economies, Economic research, Financial markets, growth, IMF, International Monetary Fund, labor markets, monetary policy, U.S. | Tagged: advanced economies, Christine Lagarde, GDP, growth, IMF, income inequality, International Monetary Fund, labor force, population, poverty, productivity, productivity gains, trade, United States, US ecconomy, women | Leave a comment »
Posted on June 20, 2016 by iMFdirect
By Era Dabla-Norris and Romain Duval
Version in Español (Spanish)
Weak productivity growth in many advanced and emerging market economies in the wake of the global financial crisis is raising concerns about future growth prospects. New research indicates that easing barriers to international trade and foreign direct investment (FDI) could boost productivity and output.
Filed under: Advanced Economies, Emerging Markets, IMF, International Monetary Fund, labor markets, trade | Tagged: advanced economies, emerging market economies, foreign direct investment, IMF, iMFdirect blog, International Monetary Fund, labor market, Pacific Rim countries, productivity gains, tariffs, trade, trade liberalization, Trans-Pacific Partnership, Transatlantic Trade and Investment Partnership | Leave a comment »