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Chart of the Week: Norway’s Home-Price Boom

2019-03-25T13:49:27-05:00July 10, 2017|

By IMFBlog

July 10, 2017 

A crane looms over the city of Oslo, Norway: Constraints on new construction limit the supply of housing, driving up prices (photo: Ingram Publishing/Newscom)

Think Londoners and New Yorkers have it bad when it comes to sky-high house prices? Residents of Oslo have reason to gripe, too.

House prices in the Norwegian capital are among the world’s highest, as measured by the average cost of a home relative to household median income. Prices in Oslo are perhaps the most visible symptom of a real estate boom across the oil-rich, Nordic nation of 5.2 million people.

(more…)

Emerging from the Great Lockdown in Asia and Europe

2020-05-27T19:37:24-05:00May 12, 2020|

By Changyong Rhee and Poul M. Thomsen

عربي中文, Español, Français, 日本語, Português, Русский

Several countries in Asia and Europe, where the COVID-19 outbreak appears to have peaked, are gradually reopening their economies. Without a vaccine or effective treatment, policymakers will be balancing the benefits of resuming economic activity against the potential cost of another increase in infection rates. (more…)

Countries in the IMF Financial Spotlight in 2020

2020-03-23T09:48:01-05:00January 30, 2020|

By IMFBlog

In 2020, the IMF plans to assess the stability of twelve financial systems. Seven assessments are of jurisdictions with systemically important financial sectors (Austria, Denmark, Hong Kong SAR, Italy, Korea, Norway, and the United States), for which it is mandatory to undergo financial stability assessments every five years. (more…)

Women, Technology, and the Future of Work

2019-03-13T11:57:50-05:00November 16, 2018|

By Era Dabla-Norris and Kalpana Kochhar

November 16, 2018

عربي, 中文Español, Français日本語PortuguêsРусский

Women are currently underrepresented in fields experiencing job growth, such as engineering and information and communication technology (photo: Vgajic/iStock by Getty Images)

The way we work is changing at an unprecedented rate. Digitalization, artificial intelligence, and machine learning are eliminating many jobs involving low and middle-skill routine tasks through automation. (more…)

Chart of the Week: Government Debt Is Not the Whole Story: Look at the Assets

2019-03-13T12:26:49-05:00October 23, 2018|

By IMFBlog

October 23, 2018

The Millennium Bridge in London, England: governments often don’t include the value of their assets, like bridges and roads, as well as natural resources, when they measure public wealth (Ingram Publishing/Newscom)

Lost track of your personal finances?  You are not alone.  Your government has often lost track of its finances too.  While it keeps close tabs on debt, it is less clear on how much it owns: the assets. (more…)

The Long-Term Impact of Brexit on the European Union

2019-03-13T15:25:22-05:00August 10, 2018|

By Jiaqian Chen, Christian Ebeke, Li Lin, Haonan Qu, and Jesse Siminitz

August 10, 2018

Versions in EspañolFrançaisPortuguês

A container ship entering the Port of Marseille, France: The UK is among the European Union’s largest trading partners, accounting for about 13 percent of its trade in goods and services (photo: Gerard Bottino/Newscom)

When the United Kingdom leaves the European Union, higher barriers to trade, capital flows, and labor mobility will affect output and jobs not only in the UK but also in the remaining 27 EU member states. (more…)

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