September 24, 2018
World leaders are gathering at the United Nations to discuss how to deliver on development for all that is economically, socially, […]
September 18, 2018
A customer pays at a supermarket using her smartphone in Bangkok, Thailand: urban and rural areas in the region widely use mobile payment platforms to access financial services (photo: Li Mangmang Xinhua News Agency/Newscom)
In Asia, the world’s fastest-growing region, expanding access to financial services for more people will mean higher growth, […]
July 26, 2018
Although we live in an age of unparalleled wealth and technological achievement, billions of people are still suffering from poverty, hunger, exclusion, and conflict. […]
March 20, 2018
Climate change is one of the greatest threats facing our planet. Its negative effects on health, the biosphere, and labor productivity are already being felt throughout the […]
March 1, 2018
Good economic times offer an opportunity to tackle budget deficits
The global economy has a spring in its step. Growth is picking up, and we at the IMF have been ratcheting up our forecasts. Government coffers are filling and, with more people at work, demand for public social support is receding. The fiscal woes of the past decade seem behind us.
But this sunny perspective ignores debt […]
December 7, 2017
Income inequality among people around the world has been declining in recent decades. But the news is not all good. Inequality within many countries has increased, particularly in advanced economies.
In addition to income inequality, wealth inequality—what you have accumulated, as opposed to what you […]