Chart of the WeekThe Threat of Inequality of Opportunity
By Shekhar Aiyar and Christian Ebeke
There are clashing views on the relationship between income inequality and growth. […]
Cashing In: How to Make Negative Interest Rates Work
By Ruchir Agarwal and Signe Krogstrup
Español, Français, 日本語, Português
Many central banks reduced policy interest rates to zero during the global financial crisis to boost growth. […]
The Long-Term Impact of Brexit on the European Union
By Jiaqian Chen, Christian Ebeke, Li Lin, Haonan Qu, and Jesse Siminitz
August 10, 2018
Versions in Español, Français, Português
A container ship entering the Port of Marseille, France: The UK is among the European Union’s largest trading partners, accounting for about 13 percent of its trade in goods and services (photo: Gerard Bottino/Newscom)
When the United Kingdom leaves the European Union, higher barriers to trade, capital flows, and labor mobility will affect output and jobs not only in the UK but also in the remaining 27 EU member states. […]
Economic Preparedness: The Need for Fiscal Space
By Vikram Haksar, Marialuz Moreno-Badia, Catherine Pattillo and Murtaza Syed
June 27, 2018
Versions in عربي, 中文, Baˈhasa indoneˈsia, 日本語, Português
Countries must assess the amount of room in their budgets for increasing spending or cutting taxes (photo: Martin Barraud/iStock by Getty Images)
How much leeway national policymakers have for increasing spending or cutting taxes has been hard to assess. […]
Chart of the Week: Japan’s Robots
By IMFBlog
June 12, 2018
A Panasonic robot moves around the lounge of Tokyo’s Narita International Airport (photo: Yoshio Tsunoda/AAFLO/Alamy Live News)
As Japan’s population ages and the birth rate is too low to sustain growth, the country is no stranger to coping with a limited number of working age people. […]
Our Digital Future
May 30, 2018
“Money makes the world go around,” Liza Minnelli famously sang in the movie Cabaret. Money has for centuries been central to human relationships. Loss of faith in its value can result in economic and political instability, even war. In the past few years, financial technology—fintech for short—has caught the world’s imagination by offering alternatives to traditional means of payment. Will digitalization redefine money? In this issue, we explore the possible consequences, good and bad. […]
Creating a Better Global Trade System
May 29, 2018
Versions in عربي, 中文, Français, Baˈhasa indoneˈsia, 日本語, Português, Русский
Engineers inspect the 3D printing of a bicycle frame in California: trade in services has risen dramatically and the use of technology is changing how countries trade with each other (photo: Stephen Lam/Reuters /Newscom).
Recent news on global trade has tended to focus on protectionist measures and diplomatic tensions. These challenges have raised concerns over growth and jobs across the world. […]