IMFBlog2021-11-05T09:54:57-04:00April 16, 2021|
By Vitor Gaspar, Michael Keen, Alexander Klemm, and Paolo Mauro
The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment benefits, and other fiscal measures. […]
IMFBlog2021-07-01T15:30:22-04:00April 15, 2020|
By Vitor Gaspar, W. Raphael Lam, and Mehdi Raissi
عربي, 中文, Español, Français, 日本語, Português, Русский
In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts. […]
IMFBlog2021-05-13T12:56:13-04:00January 7, 2020|
عربي, Español, 中文, Français, 日本語, Português, Русский
Over the past decade, inequality has become one of the most complex and vexing challenges in the global economy.
Inequality of opportunity. Inequality across generations. Inequality between women and men. And, of course, inequality of income and wealth . They are all present in our societies and—unfortunately— in many countries they are […]
IMFBlog2019-03-15T13:15:00-04:00December 7, 2017|
By IMFBlog
December 7, 2017
Luxury yachts in Monaco: The surge in top incomes, combined with high savings, has resulted in growing wealth inequality (photo: Eric Gaillard/Newscom).
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 earn—is closely related, and reflects differences in savings, inheritances, and bequests. […]
