Posted on March 13, 2017 by iMFdirect
Technological change seems to be happening faster than ever. The prospect of driverless cars, robot lawyers, and 3D-printed human organs becoming commonplace suggests a new wave of technological progress. Continue reading
Filed under: Advanced Economies, aging, Economic research, growth, IMF, jobs, labor force, productivity, technology, wages | Tagged: advanced economies, aging, artificial intelligence, capital, communications, Finance & Development. F&D, global financial crisis, iMFdirect blog, labor force, productivity, Robert Solow, technology, Total Factor Productivity, wages | Leave a comment »
Posted on February 28, 2017 by iMFdirect
By Camilla Lund Andersen
Deep unease about rising inequality and stagnating living standards in advanced economies was at the heart of the 2016 political upheaval. Globalization and trade have been blamed, but entrenched slow growth—what economists call secular stagnation—may be the real culprit. Parents who took for granted that their children would enjoy a brighter future had their dreams dashed by the global financial crisis of 2008. Nine years later, rising populism and a return to nationalist, inward-looking policies threaten to unravel the postwar economic order. Continue reading
Filed under: Advanced Economies, developing countries, Emerging Markets, Globalization, growth, IMF, Inequality, trade | Tagged: economic growth, Finance & Development. F&D, GDP, global financial crisis, Globalization, IMF, iMFdirect blog, income distribution, inequality, nationalism, population aging, population growth, populism, secular stagnation, trade, youth | Leave a comment »
Posted on August 27, 2015 by iMFdirect
By Jeff Hayden
Between 2004 and 2013, Latin America recorded impressive growth and strong progress on a range of social issues. High commodity prices combined with strengthened economic management and progressive social policies to propel the region forward.
This strength was all the more striking against the backdrop of the 2008–09 global financial crisis, which mired many advanced economies in recession but saw emerging markets, including many in Latin America, power ahead. This led some observers to dub the period the “Latin American decade.”
Now, as the world’s economic leaders prepare to gather in Lima, Peru, in October for the Annual Meetings of the International Monetary Fund and the World Bank, the picture looks quite different.
Filed under: Annual Meetings, Economic Crisis, Economic outlook, Economic research, Emerging Markets, Employment, Español, Financial Crisis, Fiscal policy, Globalization, growth, IMF, Inequality, International Monetary Fund, Investment, Latin America, Reform | Tagged: commodiity prices, corruption, F&D, Finance & Development. F&D, inequality, islamic finance, labor force, Latin America, trade | Leave a comment »
Posted on December 8, 2014 by iMFdirect
By Jeff Hayden
“The first wealth is health,” American philosopher Ralph Waldo Emerson wrote in 1860.
Emerson’s quote, cited by Harvard economist and health expert David E. Bloom in Finance and Development’s lead article, reminds us that good health is the foundation on which to build—a life, a community, an economy.
Humanity has made great strides, developing vaccines and medical techniques that allow us to live longer, healthier lives. Other developments—such as increased access to clean water and sanitation—have helped beat back long-standing ills and pave the way for better health.
Filed under: Advanced Economies, Africa, Economic research, Emerging Markets, Financial Crisis, Globalization, IMF, International Monetary Fund, Low-income countries, Transition | Tagged: ebola, Finance & Development magazine, Finance & Development. F&D, health care, life expectancy, Nobel Prize, poverty, public health spending, Rwanda | Leave a comment »
Posted on September 2, 2014 by iMFdirect
By Jeff Hayden
You can call this edition of F&D magazine our Bob Dylan issue. It may seem odd for an economics magazine to draw inspiration from the legendary singer/songwriter, but one of his most famous lines, “The times, they are a-changin,’” reverberated through our corridors as we put together this special issue on the global economy’s past and future.
We weren’t humming the tune to pass the time. The lyrics seemed especially relevant to us this year, as we mark the 70th anniversary of the IMF and World Bank and the 50th anniversary of F&D. The world has seen a staggering amount of change in the past seven decades.
So, with these two anniversaries in mind and with Dylan’s ode to changing times in the air, we focused our attention on the transformation of the global economy—looking back and looking ahead. We wanted to address the question, what will the global economy look like in another 70 years?
Filed under: Economic outlook, Economic research, Financial Crisis, Globalization, growth, IMF, Inequality, International Monetary Fund, Reform | Tagged: Christine Lagarde, energy, Finance & Development magazine, Finance & Development. F&D, George Akerlof, global economy, inequality, Joseph Stiglitz, Ken Arrow, Michael Spence, Nobel Prize, Olivier Blanchard, Paul Krugman, Robert Solow, SGP. Martin Wolf | Leave a comment »
Posted on May 20, 2012 by iMFdirect
The IMF’s well written Finance & Development
magazine has recently published two helpful online compilations of articles that may be useful to students and those interested in economic issues. They are rich collections of material that are totally free!!
1. Back to Basics
— explaining some fundamental concepts in Economics and Finance
- listen to regular audio podcasts with leading experts on development issues around the world–or download from iTunes.
- and get free a neat new ipad app for IMF news and data–it lets you chart and view global economic indicators and forecasts
Filed under: Africa, Asia, Civil Society, Debt Relief, Economic Crisis, Economic outlook, Economic research, Emerging Markets, Employment, Europe, Finance, Financial Crisis, G-20, Global Governance, growth, IMF, Inequality, International Monetary Fund, Investment, Latin America, LICs, Low-income countries, Middle East, Multilateral Cooperation, Politics, Public debt | Tagged: Back to Basics, compilation, Finance & Development. F&D, G+, Google+, IMF Survey online, interviews, iTunes, news, Nobel Prize, People in Economics, podcasts, profiles, research | 1 Comment »