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 March 6, 2017 by iMFdirect
International Women’s Day and the United States’ February jobs report are both coming up this week. So, we decided today’s chart should focus on women and work.
Around the world, women seeking employment face barriers—from legal hurdles to disincentives like lower wages. Leveling the playing field could bring significant benefits. Continue reading
Filed under: Gender issues, health, IMF, inclusive growth, income, jobs, U.S., wages | Tagged: child care, education, employment, gender, gender wage gap, IMF, iMFdirect blog, inclusive growth, inequality, International Women's Day, jobs, tax reform, United States, women | Leave a comment »
Posted on February 24, 2017 by iMFdirect
“If we’re fighting each other because we can’t design a system that actually works for everybody, then working people will again continue to mistrust our institutions, and the threat to democracy is very real; you see it.” – Sharan Burrow
Burrow is General Secretary of the International Trade Union Confederation, and in this podcast she says collective action is needed to help better distribute the benefits of growth. Continue reading
Filed under: Gender issues, Globalization, IMF, jobs, labor force, trade, unemployment, wages | Tagged: employment, gender, Globalization, growth, iMFdirect blog, infrastructure investment, ITUC, jobs, Labor, labor force, Sharan Burrow, trade, unemployment, wages, women, youth unemployment | Leave a comment »
Posted on November 30, 2016 by iMFdirect
By Camilla Lund Andersen
2016 has been a year of political upheaval, as accepted truths about the power of globalization to transform lives and lift millions out of poverty are being questioned by electorates in Europe, the United States, and elsewhere. No longer prepared to take experts and elites at their word, many voters appear to be rejecting the adverse consequences of globalization by casting their ballot for antiestablishment messages and candidates.
Filed under: Employment, Globalization, growth, IMF, income, Inequality, International Monetary Fund, Investment, jobs, trade, unemployment | Tagged: employment, F&D, Finance & Development magazine, Globalization, growth, IMF, iMFdirect blog, inequality, International Monetary Fund, investment, jobs, trade, trade unions, unemployment | Leave a comment »
Posted on November 15, 2016 by iMFdirect
Inventor and futurist Ray Kurzweil, says intelligent machines are your friends.
In this podcast, Kurzweil talks about how artificial intelligence is helping overcome our human limitations and creating better-paying jobs.
Filed under: education, Employment, growth, IMF, International Monetary Fund, jobs, technology, U.S. | Tagged: economic development, education, employment, IMF, IMF podcast, iMFdirect blog, information technology, intelligent machines, International Monetary Fund, job creation, jobs, Ray Kurzweil, technology, United States | Leave a comment »
Posted on November 9, 2016 by iMFdirect
Versions in عربي (Arabic), Français (French), and Español (Spanish)
The link between jobs and economic growth is not always a straight line for countries, but that doesn’t mean it’s broken.
Economists track the relationship between jobs and growth using Okun’s Law, which says that higher growth leads to lower unemployment.
New research from the IMF looks at Okun’s Law and asks, based on the evidence, will growth create jobs? The findings show a striking variation across countries in how employment responds to GDP growth over the course of a year. Continue reading
Filed under: Advanced Economies, Economic research, Emerging Markets, Employment, G-20, growth, IMF, International Monetary Fund, jobs, labor force, U.S., unemployment | Tagged: advanced economies, emerging economies, employment, GDP, growth, IMF, iMFdirect blog, infrastructure investment, International Monetary Fund, jobs, labor force, Okun's law, unemployment, United States | Leave a comment »
Posted on October 24, 2016 by iMFdirect
By Florence Jaumotte, Ksenia Koloskova, and Sweta Saxena
Version in Español (Spanish)
Migration, no matter how controversial politically, makes sense economically. A new IMF study shows that, over the longer term, both high- and low-skilled workers who migrate bring benefits to their new home countries by increasing income per person and living standards. High-skilled migrants bring diverse talent and expertise, while low-skilled migrants fill essential occupations for which natives are in short supply and allow natives to be employed at higher-skilled jobs. Moreover, the gains are broadly shared by the population. It may therefore be well-worth shouldering the short-term costs to help integrate these new workers.
Filed under: Advanced Economies, Economic research, Employment, Europe, IMF, Inequality, International Monetary Fund, labor force, Migration, unemployment | Tagged: advanced economies, employment, European migration, GDP, IMF, inequality, International Monetary Fund, labor force, labor productivity, migrants, Migration, nanny effect, public spending, unemployment | Leave a comment »