Demographics and Destiny

2020-03-02T17:22:06-05:00March 2, 2020|

By Gita Bhatt

When I visit my home country, India, I am always struck by how young it looks. From the big cities to the tiny villages, one can see the hopes and aspirations of twenty-somethings, many in search of work. In Japan, demographic trends have been moving in the opposite direction. Homes sit vacant, and villages are vanishing, as people have fewer children. In response, the Japanese are embracing technology to fill the gaps through innovations like robot chefs and automated medical services. […]

Chart of the WeekSouth Africa: Bridging the Income Divide

2020-02-07T08:41:27-05:00February 7, 2020|

By IMFBlog

South Africa suffers among the highest levels of inequality in the world. As our Chart of the Week shows, the country’s wealth is concentrated in the upper levels of society. The top 20 percent of the population holds over 68 percent of income, while the poorest 40 percent possess only 7 percent of income. […]

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