What to Do about Growth

camilla-andersen-may2015By Camilla Lund Andersen

Deep unease about rising inequality and stagnating living standards in advanced economies was at the heart of the 2016 political upheaval. Globalization and trade have been blamed, but entrenched slow growth—what economists call secular stagnation—may be the real culprit. Parents who took for granted that their children would enjoy a brighter future had their dreams dashed by the global financial crisis of 2008. Nine years later, rising populism and a return to nationalist, inward-looking policies threaten to unravel the postwar economic order.  Continue reading “What to Do about Growth” »

Global House Prices: Time to Worry Again?

By Hites Ahir and Prakash Loungani

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

During 2007-08, house prices in several countries collapsed, marking the onset of a global financial crisis. The IMF’s Global House Price Index, a simple average of real house prices for 57 countries, is now almost back to its level before the crisis (Chart 1). Is it time to worry again about a global fall in house prices?  Continue reading “Global House Prices: Time to Worry Again?” »

By | December 8th, 2016|Advanced Economies, growth, International Monetary Fund|

IMF Youth Dialog: Addressing Mideast Unemployment

After an unprecedented global economic downturn, recovery is beginning to take hold across the world. Nevertheless, the downturn has heightened the core challenges that countries faced before the crisis took hold. Among these, one that stands out in the countries of the Middle East and North Africa is youth employment—or a lack of it.

By | April 1st, 2010|Economic Crisis, Financial Crisis, growth, IMF, International Monetary Fund|
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