advanced economies emerging economies

Chart of the Week: Seeking Solutions to Growing Inequality

IMFBlog2019-03-26T10:21:17-04:00April 17, 2017|

As finance ministers and central banks gather in Washington this week for the spring meetings of the IMF and World Bank, income inequality will be among the topics of discussion.

While global economic integration has brought enormous benefits in the form of rising living standards, it has also contributed to widening inequality within some countries. In advanced economies, the incomes of the top 1 percent have grown […]

The Ties That Bond Us: What Demand For Government Debt Can Tell Us About the Risks Ahead

IMFBlog2017-04-15T14:00:03-04:00January 17, 2013|

It has become apparent in recent years is that advanced economy government bond markets can also experience investor outflows, and associated runs. Our new research shows that advanced economies’ exposure to refinancing risk and changes in government borrowing costs depend mainly on who is holding the bonds— the demand side for government debt. Tracking who owns what, when and for how long can shed some light on potential risks in advanced economies’ government debt markets.