Chart of the WeekWhen it Comes to Services vs. Manufacturing, Words Matter

2021-02-16T10:00:21-05:00February 16, 2021|

By Reda Cherif and Fuad Hasanov

Efforts to revive national manufacturing sectors get a lot of airtime. After all, the sector propelled many East and South East Asian economies—the so-called “East Asia Miracle”—and was a gateway to the middle class for millions of workers. However, for all the obsession with manufacturing, economists for their part seem to be more preoccupied with services.

To confirm this, we combed through thousands of IMF reports on countries’ economies from 1978 to 2019. Using 113 distinct terms related to growth theory and policy—ranging from “infrastructure” to “liberalization”—we computed the relative weights […]

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. […]

Equality for All

2019-03-14T09:22:10-04:00February 28, 2019|

Camilla Lund Andersen

If you are born a girl, you may have to fight for your rights.  And without rights, you will not only face discrimination, but also likely have a hard time getting the healthcare and education you will need to be a productive worker and thus have a hard time getting a good paying job. Without productive women in good jobs, the loss of potential output is large. […]

Top 10 Charts of the Week for 2018

2019-03-13T10:20:47-04:00January 7, 2019|

By IMFBlog

January 7, 2019

Looking ahead (photo: Newsis/Reuters/Newscom)

A picture is worth a thousand words.  The portraits of the global economy in our Chart of the Week series have proven a hit, and to help you start the year with just the right facts and figures, we have pulled together your top reads of 2018.  […]

The Uneven Path Ahead: The Effect of Brexit on Different Sectors in the UK Economy

2019-03-13T10:57:28-04:00December 4, 2018|

By Jiaqian Chen

December 4, 2018

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A UK border agency worker holds a passport: As a member of the European Union, free labor mobility has enabled the UK to hire talent from across the EU (photo: Mac Gregor/Reuters/Newscom)

The United Kingdom is set to leave the European Union in March 2019. Our […]

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