
Eswar Prasad on Escaping the Doom Loop
When esteemed economist and author Eswar Prasad set out to write his latest book, it was to be about the promise of some recent trends withi...
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Listen to IMF economists and other experts discuss key economic and financial issues of the day.

When esteemed economist and author Eswar Prasad set out to write his latest book, it was to be about the promise of some recent trends withi...

While it is true that death and taxes are unavoidable, good tax policies can help delay the inevitable. So-called sin taxes on alcohol, toba...

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly I...

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are...

The most prosperous of civilizations were the most open. The Romans, for example, expanded their empire by integrating the populations they...

There is strength in numbers, and the idea of European integration through a single market was to capitalize on the EU as a whole. However,...

While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using privat...

Price stability is the main goal for central banks, and monetary policy is how they achieve it. However, societies are always in flux, and c...

Technology is often what drives big changes, but innovations like cryptocurrencies and blockchain are transforming the world of money at bre...

While artificial intelligence continues to outperform our human abilities in many areas, Pablo Peña believes critical thinking and curiosity...

Maintaining good relations promotes trade, but can trade repair bad relations? Marc Palen examines how Britain's repeal of the Corn Laws in...

Sub-Saharan Africa is holding its own despite a deteriorating global trade and aid landscape. The latest outlook projects growth to remain s...

It's not unusual for countries to reevaluate trade relationships as the global economy evolves. However, the persistent uncertainty brought...

While the US dollar has been at the top of its game for decades, new players are testing its reign. Chess grandmaster-turned-economist Kenne...

The US is a breeding ground for startups, and California has been the center of that universe since the dot-com boom in the late 1990s. But...

While countries came together in the late 80s to fight money laundering and the financing of terrorism, technology and the advent of virtual...

Bringing nations together to maintain peace and security and raise living standards for all seemed a utopian idea in the early 20th century....

A lot has happened in the global economy since 2019, and few people know that better than Gita Gopinath. As the IMF Chief Economist and subs...

As tech innovation, particularly in the field of AI, is increasingly focused on a few key players, the industries benefiting from these tool...

There was a time when economic expertise ruled policy debates at virtually all levels of government. And while trade, taxation, and other im...

Public resistance to new policies often leaves policymakers scratching their heads. What seems a perfectly reasonable policy to a government...

Most advanced economies are witnessing their populations age and labor forces shrink, and the same trend is expected to hold for the largest...

After four long years of numerous crises, sub-Saharan Africa's hard-won recovery has been disrupted by yet another shock. The sudden shift i...

While the German economy has been one of Europe's strongest for decades, its performance in recent years has fallen short of expectations. W...

Malaysia is one of Southeast Asia's strongest economies and has recently been lauded for its ability to keep inflation in check. But Malaysi...

After years of economic turmoil, Argentina's central bank chief has doubled down on efforts to restore confidence in the Argentine peso and...

Never underestimate the value of a good idea. Ideas are the starting point for innovation; few things fuel economic growth more than innovat...

Economists have long surmised that people's knowledge and skills contribute significantly to economic development, but to what degree can ac...

While we like to think our financial decisions are based on logic, the truth is, they are largely driven by emotion. So when John Maynard Ke...

Modern economics was built on ideas spelled out by Adam Smith in his 18 th -century The Wealth of Nations. But while he used the term only o...

Driving Change: Women-Led Development Economics from the Ground Up The International Economic Association's Women in Leadership in Economics...

The pandemic was a brutal reminder of how crucial public health systems are, yet health budgets in many countries are still underfunded. Dev...

Countries with better institutions are more prosperous. A truism perhaps, but then why are they so hard to build and sustain? That is the qu...

As urbanization continues to grow worldwide, affordable housing is a rare commodity in many cities. Sao Paolo, South America's biggest city...

While housing markets play a significant role in economies, new research shows houses across 40 countries are less affordable than at any ti...

Driving Change: Women-Led Development Economics from the Ground Up The International Economic Association's Women in Leadership in Economics...

Driving Change: Women-Led Development Economics from the Ground Up The International Economic Association's Women in Leadership in Economics...

Driving Change: Women-Led Development Economics from the Ground Up The International Economic Association's Women in Leadership in Economics...

With sub-Saharan Africa soon to have one of the largest working-age populations in the world, removing barriers to business growth and encou...

As inflation and interest rates continue to decline and the likelihood of a recession slowly fades, financial markets have seen big equity g...

While 21st-century globalization and international trade dramatically changed how multinational corporations operate, the way they are taxed...

Stories can unify or divide but our ability to imagine them is uniquely human. Cooperation and trust, built through shared stories and narra...

With all the instability within the Middle East and North Africa region of late, Egypt has nonetheless managed to reign in soaring inflation...

Working from home was not an option for most people before March 11, 2020, when work and home life suddenly collided. The pandemic upended m...

The world has changed since postwar economic thought placed GDP growth as its guiding principle. 20th-century progress has pushed planetary...

For many emerging market economies, moving from an export-oriented strategy with labor-intensive manufacturing to a more sophisticated produ...

For decades, governments have been tapping into global sovereign debt markets to smooth ups and downs in revenue with the hope that it would...

The world is changing so quickly it's hard to think of one aspect of our economic lives that hasn't shifted from what it was only a few year...

Aging populations in many advanced and emerging market economies mean shrinking workforces, weighing on growth. However, the opposite is tru...

Nigeria's new administration has set out on an ambitious reform path to stabilize its currency, regain market confidence, and tame inflation...