"Let's Change" is an appealing slogan, but the question is "change to what?" It seems likely from the interests that Mauricio Macri represents, and his political orientation, that Argentina's poor and working people will bear the brunt of any economic adjustment.
To support additional public services for refugees, countries neighboring conflict zones will require more financial resources. The international community must play its part. With the IMF's support, for example, Jordan has been able to adjust its fiscal targets to help meet this need. Ultimately, however, one thing is very clear: No country can manage the refugee issue on their own. We need global cooperation.
Our new study analyzes the links between these two phenomena--inequality of income and that of gender. We find that gender inequality is strongly associated with income inequality across time and countries of all income groups.
Why should it be left to governments and airlines with skin in the game to decide whether to issue flight restrictions or comply with warnings? What is needed is an international governing body charged with enforcing air corridor restrictions or closures, rather than merely issuing protocols and alerts.
This year alone, at least 350,000 refugees have fled civil war and terror to seek a better life in Europe. And, according to the Vice President of the World Bank Rachel Kyte, this is a mere harbinger of what the near future holds.
WASHINGTON -- In just six weeks, world leaders will meet in Paris to negotiate a new global climate change agreement. To date, some 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon dioxide emissions that are now driving global warming.
In a time of entrenched conflicts and historically low oil prices, the challenges for policymakers throughout the region are steep. But that only makes finding the political will to move forward with the right reforms all the more important.
The fiscal implications of the sharp decline in commodity prices are very large. The deterioration in the 2015 primary balance in commodity exporting countries is about 5 percentage points of GDP on average, with countries like Saudi Arabia and Venezuela experiencing a particularly sharp decline.
A collective effort to deliver a policy upgrade is needed urgently to face up to rising challenges in an uncertain world, to ensure financial stability and better growth prospects. Three percent of global output is at stake.
Today, we released the October 2015 World Economic Outlook. Our forecasts come at a moment when the world economy is at the intersection of at least ...
Nick Lardy, China specialist at Washington's Peterson Institute for International Economics, says the rebalancing underway in the world's second largest economy is a good thing.
While outstanding IMF lending is overwhelmingly to Europe, European candidacies for MD, even if professionally sound, give rise to very apparent if not very real conflicts of interest.
Without relief, Europe may end up with another deluge of asylum seekers, this time from Ukraine. Already, Russia's occupation of nine percent of Ukraine has displaced 1.4 million internally and continuing military incursions will result in the dislocation of millions more.
By Chris Miller, YaleGlobal, 27 August 2015 New East-West divide? An established welfare state like France, whose President François Hollande is see...
A shadowy yet powerful organization begins to exert pressure on King Theoden of Rohan to bend to its will -- yes, the wizard Saruman and his minions at Isengard, better known to us as the International Monetary Fund.
If there was one virtue that China projected, it was an economy that could handle like a BMW, and go from 0 to 7.5 percent growth in 3 months.