Ting Yan is Press Officer in the IMF's Communications Department, covering media relations in the Asia and Pacific region. Before joining the IMF, she was Deputy Editor-in-Chief in Wallstreetcn, a leading digital financial news service in China, and previously as Senior Financial Journalist in China Business News (CBN). Her reporting and commentary focused on global markets, monetary policies, and international organizations. She has traveled widely to cover major global financial conferences and interviewed numerous policymakers, business leaders, and academics. Ting has a Master’s degree in Development Administration and Planning from the University College London and a Bachelor’s degree in Finance from Fudan University in Shanghai.
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February 8, 2018
Over a decade of spectacular growth, demand for smartphones has created a new global tech cycle that last year produced a new smartphone for every fifth person on earth.
This has created a complex and evolving supply chain across Asia, changing the export and growth performance of several countries. While our recent analysis of Chinese smartphone exports suggests that the global market may be saturated, demand for other electronics continues to support rising semiconductor production in Asia. Continue reading “Smartphones Drive New Global Tech Cycle, but Is Demand Peaking?” »
February 5, 2018
The gap in life expectancy between rich and poor people is a worldwide phenomenon, and has grown dramatically in recent years in some countries.
In our Chart of the Week, we show how this longevity gap, which reflects inequality in access to health care and its impact on peoples’ overall health, varies across countries. Men with a lower level of education live shorter lives, on average, than their better educated fellow citizens: this gap ranges from four years in Italy, to 14 years in Hungary, according to the October 2017 Fiscal Monitor. Continue reading “Chart of the Week: Inequality, Your Health, and Fiscal Policy” »
January 23, 2018
Tackling inequality is not only a moral imperative. It is critical for sustaining growth.
Global income inequality has declined in recent years, with the Gini index—a statistical measure of income distribution with a value of zero indicating perfect equality—dropping from 68 in 1988 to 62 in 2013, reflecting relatively strong growth in many emerging and developing economies, particularly in China and India. However, inequality has increased within many countries, including in many advanced economies. Continue reading “5 Things You Need to Know About Inequality” »
January 22, 2018
As the year 2018 begins, the world economy is gathering speed. The new World Economic Outlook Update revises our forecast for the world economy’s growth in both 2018 and 2019 to 3.9 percent. For both years, that is 0.2 percentage points higher than last October’s forecast, and 0.2 percentage points higher than our current estimate of last year’s global growth. Continue reading “The Current Economic Sweet Spot Is Not the “New Normal”” »
January 19, 2018
This has never happened before. Never. Three years of stagnating carbon dioxide emissions coupled with relatively healthy global economic growth. In this podcast , International Energy Agency Chief Economist Laszlo Varro talks about leaving fossil fuels in the past. Continue reading “Slowly but Surely, a Farewell to Fossil Fuels” »
January 3, 2017
In the Spring of 2017, we began our Chart of the Week feature on the blog: snapshots in time and over time of how economies work, to help illuminate the uncharted waters ahead for the global economy.
Here are the top ten Charts of the Week of 2017, based on your readership. Continue reading “Top Ten Charts of the Week: 2017” »
Nathan Porter is the Deputy Chief of the Emerging Markets Division of the IMF’s Strategy, Policy and Review Department. In this role he has led work on the reform of the IMF’s lending instruments, efforts to strengthen the Global Financial Safety Net, as well as the assessment of international reserve needs and EM vulnerabilities and risks more generally. Previously, he worked on the IMF’s programs with Iceland and Ireland, and the teams covering China, Hong Kong, and a number of other Asia-Pacific economies. Before joining the IMF he worked at the Australian Treasury, and he holds a Ph.D. in economics from the University of Pennsylvania.
December 19, 2017
If you are lucky, when the going gets tough, you have a group of people you can rely on to help you through a crisis. Countries are no different—a safety net to help them in bad economic and financial times can make the difference in peoples’ lives. Continue reading “Strength in Numbers: A Safety Net to Prevent Crises in the Global Economy” »
December 13, 2017
Credit booms are addictive. Credit supports growth and the perception of wealth. Yet credit booms are risky, and are often followed by financial busts and economic slowdowns. The challenge is taming credit without hurting growth. Continue reading “Propping Up the Chinese Economy: Credit versus Fiscal Stimulus” »