Top 10 Charts of the Week for 2018

2019-01-07T08:04:55+00:00January 7, 2019|

By IMFBlog

January 7, 2019

Looking ahead (photo: Newsis/Reuters/Newscom)

A picture is worth a thousand words.  The portraits of the global economy in our Chart of the Week series have proven a hit, and to help you start the year with just the right facts and figures, we have pulled together your top reads of 2018.  (more…)

The Wealth of Nations: Governments Can Better Manage What They Own and Owe

2018-10-25T15:23:26+00:00October 9, 2018|

By Vitor Gaspar, Jason Harris, and Alexander Tieman

October 10, 2018

عربي,中文, Español, FrançaisBaˈhasa indoneˈsia, 日本語PortuguêsРусский

A firefighter in Auckland, New Zealand: when governments know what they own they can put their assets to better use and can earn about 3 percent of GDP more in revenues to spend on citizens’ well being (Photo: Rafael Ben-Ari/Newscom)

What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card balance, and your student loans. But you probably also think about how much cash is sitting in the bank, the value of your house, and the rest of your nest egg.

Surprisingly, most governments do not approach their finances this way. (more…)

Chart of the Week: The Spread of Ideas and Innovation

2018-08-01T14:30:14+00:00July 30, 2018|

By IMFBlog

July 30, 2018 

Versions in  عربيEspañolFrançais中文, 日本語, PortuguêsРусский 

Young woman watches robotic fish in Gangneung, South Korea: the spread of knowledge and technology across counties has intensified because of globalization (photo: Richard Ellis/UPI/Newscom).

Globalization has accelerated the spread of knowledge and technology across borders. This has helped to increase productivity and potential growth in many countries and at the global level. (more…)

Malta’s Good Bet

2018-05-07T09:02:24+00:00May 7, 2018|

By IMFBlog

May 7, 2018

Marsaxlokk Harbor, Malta. Not only tourist paradise: the country’s economy makes profits on the betting and gambling industry (photo: iStockPhoto/Andrey Danilovich).

Known mostly for its azure seas and spectacular old towns, Malta has also become a hub for gambling and betting companies: nowhere else in the European Union does this sector account for such a large part of the economy as on the island south of Sicily in the Mediterranean Sea. While the gambling and betting boom contributes to the country’s trade balance and job creation, it also draws attention to a skills shortage and infrastructure gaps the sector is grappling with, a recent IMF paper shows. (more…)

Technology and the Future of Work

2018-05-31T15:13:35+00:00May 1, 2018|

By Adrian Peralta, and Agustin Roitman

May 1, 2018 

Versions in  عربي (Arabic), baˈhasa indoneˈsia(Indonesian), 中文 (Chinese), Español (Spanish), 日本語 (Japanese), Português (Portuguese), Русский (Russian)

Technology impacts how we work (photo: BSIP/Newscom).

Many feel anxious about the impact of new technology on their jobs. This is not new. In fact, it dates back at least to the Luddites movement at the outset of the Industrial Revolution. And it resurfaced during the Great Depression and again in the 1960s, following a period of high productivity growth, and in the 1980s at the outset of the IT revolution.

How can governments help? By investing in peoples’ skills. (more…)

Wanted: Policies to Encourage and Enable Work in Advanced Economies

2018-04-11T08:34:57+00:00April 9, 2018|

By Francesco Grigoli, Zsóka Kóczán, and Petia Topalova

April 9, 2018 

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

Aging may slow economic growth in advanced economies (photo: Zero Creatives Cultura/Newscom).

Population growth in advanced economies is slowing, life expectancy is rising, and the number of elderly people is soaring. Because older workers participate less in the labor market, the aging of the population could slow growth and, in many cases, threaten the sustainability of social security systems. But, as our research in Chapter 2 of the April 2018 World Economic Outlook shows, there is considerable scope for policies to mitigate the forces of aging by enabling those who are willing to work to do so. (more…)

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