Humans and Intelligent Machines

Posted on November 15, 2016 by iMFdirect

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.

Continue reading →

Filed under: education, Employment, growth, IMF, International Monetary Fund, jobs, technology, U.S. | Tagged: , , , , , , , , , , , , , | Leave a comment »

The Evidence that Growth Creates Jobs: A New Look at an Old Relationship

Posted on November 9, 2016 by iMFdirect

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: , , , , , , , , , , , , , | Leave a comment »

Emigration Slows Eastern Europe’s Catch Up With the West

Posted on July 20, 2016 by iMFdirect

By Nadeem Ilahi, Anna Ilyina, and Daria Zakharova

(Versions in: Bulgarian, Czech, Estonian, Hungarian, Latvian, Lithuanian, Polish, Romanian, Russian, Serbian, and Slovenian)

The opening up of Eastern Europe to the rest of the world in the early 1990s brought about tremendous benefits. The inflow of capital and innovation has led to better institutions, better economic management, and higher efficiency. On the flip side, it has also led to sizable and persistent outflow of people.

Continue reading →

Filed under: Advanced Economies, Economic research, Employment, euro zone, Europe, growth, income, Inequality, International Monetary Fund, Migration, refugees, unemployment | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment »

What Happens When Banks Stop Doing Business With Some Countries

Posted on June 30, 2016 by iMFdirect

By iMFdirect

When global banks decide to withdraw from some countries and no longer do business with banks there, the global effect so far has been a gentle ripple, but if unaddressed, it may become more like a tsunami for the countries they leave.

Continue reading →

Filed under: banking, Financial regulation, IMF, International Monetary Fund, Investment, trade | Tagged: , , , , , , , , , , , , , , , | Leave a comment »

Addition by Subtraction: How Diasporas Can Boost Home-Country Growth

Posted on May 18, 2016 by iMFdirect

Pritha Mitra-blogpicBy Pritha Mitra

Version in عربي (Arabic)

Every year, millions of people leave their countries of birth in search of better opportunities abroad. Often, these migrants are among the most talented workers in their home countries. At first glance, this is a loss for the home countries, which invested considerable time and money in educating and developing these people, only to watch them leave. But look again.

Continue reading →

Filed under: developing countries, Emerging Markets, Employment, Government, growth, International Monetary Fund, Investment, Migration, refugees, technology | Tagged: , , , , , , , , , , , , , , , , , , | Leave a comment »

Unemployment: Troubles Ahead for Emerging Markets

Posted on May 3, 2016 by iMFdirect

By Prakash Loungani and Zidong An

Version in Español (Spanish)

Forecasts of real GDP growth attract a lot of media attention. But what matters more to the person on the street is how growth translates into jobs. Unfortunately, the mediocre growth outlook of recent years may lead to a disturbing outlook for jobs, particularly among fuel-exporting countries and in the Latin America and Caribbean region.

Continue reading →

Filed under: Advanced Economies, Caribbean, developing countries, Emerging Markets, euro zone, Inequality, International Monetary Fund, Latin America, U.S., unemployment | Tagged: , , , , , , , , , , , , , , | Leave a comment »

Imagine What Fiscal Policy Could Do For Innovation

Posted on March 31, 2016 by iMFdirect

By Vitor Gaspar and Ruud De Mooij

Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Русский (Russian), Español (Spanish)

Imagine how three-dimensional printing, driverless cars and artificial intelligence will change our future. Or think of how developments in information technology, e-commerce and the sharing economy are already changing the way we learn, work, shop, and travel. Innovation drives progress and, in economic terms, determines productivity growth. And productivity growth, in turn, determines prosperity. It impacts our lives and well-being in fundamental ways: it determines where and how long we live; it determines our quality of life. Continue reading →

Filed under: Fiscal, Fiscal policy, IMF, International Monetary Fund, technology | Tagged: , , , , , , , , , , , , , , , , , , | Leave a comment »

Next Page »
%d bloggers like this: