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Conflict disrupts lives and economies everywhere, but recent IMF analytical work suggests the economic impact of conflict in the Middle East and Central Asia has proven larger and more persistent than in other regions. In this podcast, Ghassan Salamé (SciencesPo Paris), Mark Malloch-Brown (Open Society Foundations), and Rola Dashti (UNESCWA) discus…
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The World Economic Outlook is more than projected growth rates. The research behind those projections tells the story of how 190 countries, slowly but steadily, found their way through the fog of the past few years to emerge a testament to the resilience of the global economy. Pierre-Olivier Gourinchas is IMF Chief Economist and brings together the…
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Sub-Saharan Africa is slowly emerging from four turbulent years with higher growth expected for nearly two thirds of countries in the region. But while inflation has almost halved and debt has broadly stabilized, economies are still grappling with financing shortages and impending debt repayments. Wenjie Chen is deputy head of the team that publish…
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As inflation slowly subsides and optimism pervades financial markets, the latest Global Financial Stability Report (GFSR) warns of potential setbacks. Fabio Natalucci and Jason Wu head the GFSR team. In this podcast, they discuss risks associated with debt and the private credit market, struggling real estate sectors in China and the US, cybersecur…
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IMF Managing Director Kristalina Georgieva kicks off the 2024 IMF-World Bank Spring Meetings from the Atlantic Council in Washington, DC, with her customary curtain raiser speech. Go to IMF.org to follow the Spring Meetings and find all the IMF flagship reports, including the World Economic Outlook, the Global Financial Stability Report, and the Fi…
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Even optimal economic policies create winners and losers, and that’s where politics steps in. Trade liberalization is an example of a policy that can make a country better off as a whole, but what happens to workers who lose out to cheaper goods? Jeffry Frieden says while politics is often messy, it’s how society puts a value on things economists c…
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For decades, the standard labor market model has been ruled by supply and demand, but a younger generation of labor economists is questioning that approach. Suresh Naidu is a Professor of Economics and International Public Affairs at Columbia University. He says while the supply and demand model is not wrong, it only tells part of the story. In thi…
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It wasn’t that long ago when retiring in one’s 50s was an achievable goal. But with life expectancy steadily rising and pension systems doomed to fall short, the prospects for an early retirement are fading fast. Olivia Mitchell wrote the book on retirement and modern pension research and has spent her career helping people improve their financial …
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John Maynard Keynes was one of the most influential economists of the 20th century and the father of modern macroeconomics. His novel lectures at King’s College, Cambridge, inspired economists and policymakers of the time and continues to do so a hundred years later. In this podcast, IMF Managing Director Kristalina Georgieva delivers a speech insp…
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Economists build models based on basic assumptions of human behavior. But people are complicated, right? Do Germans who grew up on opposite sides of the Berlin Wall make the same financial decisions today? Ulrike Malmendier is a behavioral economist whose innovative research has shown that experiential learning rewires the brain to make decisions b…
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Countless resources and billions of dollars have been directed at poverty alleviation over the decades and yet almost 10 percent of the world’s population is still struggling to survive... not only in developing countries but in rich countries too. Why do so many anti-poverty efforts fall short? Martin Kalisa says there is more to poverty than inco…
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Industrial policy had its heyday in the 1950s and 60s when governments moved to boost national competitiveness amid burgeoning global trade. Economists have been predicting the return of industrial policy of late- and there’s no question it’s back, but what does today’s industrial policy look like? Michele Ruta is a trade expert at the IMF, and alo…
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Productivity has been the driving force behind the five- sometimes six-day workweek, but there is a growing body of evidence that shows a shorter week is equally, if not more productive in many respects. Juliet Schor is a champion of the four-day week and led the charge in the early 90s with her book The Overworked American, which studies the pitfa…
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Behind any good policy stands good data. And as the global economy becomes increasingly digitalized, effective policy and regulation are critical to ensure a stable and equitable financial system. Jim Tebrake is Deputy Director and heads the data and methodology efforts in the IMF Statistics Department. In this podcast, Tebrake says the world of di…
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Artificial intelligence has the power to transform society in so many ways, but only a small number of companies in an even smaller number of countries hold the keys to AI’s development. So what happens when a narrow swath of humanity makes choices that will impact everyone else? Stephanie Bell is a Senior Research Scientist at the Partnership for …
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Artificial intelligence is changing the way we work and for many it’s scary. But for teachers in India’s million-plus schools, AI is a welcome partner in solving the learning poverty problem. Shankar Maruwada is the Co-founder and CEO of EkStep Foundation, which develops AI to help improve the public education system. In this podcast, Maruwada and …
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The pace at which artificial intelligence is transforming jobs is astounding, but while it boasts higher productivity AI is also increasing wage inequality. When workers are replaced by machines, real wages decline, and the owners of capital prosper. So who owns AI and how should its benefits be distributed? In this podcast, the IMFs Andrew Berg an…
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