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Regional Economic Outlook, November 2017, Europe

Europe Hitting Its Stride

The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018.

IMF Financial Operations 2016

Describes the IMF's financial organization, policies and lending arrangements, and financial statements, reflecting all policy decisions through April 2016.

Inclusive Growth Framework

Inclusive Growth Framework »

Volume/Issue: 2017/127

Series: IMF Working Papers

Author(s): Alexei Kireyev , and Jingyang Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2017

DOI: http://dx.doi.org/10.5089/9781484302156.001

ISBN: 9781484302156

Keywords: growth, inclusiveness, inequality, povery reduction, General, Aggregate Factor Income Distribution, Measurement and Analysis of Poverty

The paper suggests an operationally usable framework for the evaluation of growth inclusiveness-the inclusive growth framework (IGF). Based on the data on growth, poverty, and inequality, the framework allows for t...

Income Inequality and Education Revisited
			: Persistence, Endogeneity, and Heterogeneity

Income Inequality and Education Revisited : Persistence, Endogeneity, and Heterogeneity »

Volume/Issue: 2017/126

Series: IMF Working Papers

Author(s): David Coady , and Allan Dizioli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 May 2017

DOI: http://dx.doi.org/10.5089/9781475595741.001

ISBN: 9781475595741

Keywords: Income inequality, Government expenditures and education, Education inequality, education levels, General, Education and Inequality

This paper presents new results on the relationship between income inequality and education expansion-that is, increasing average years of schooling and reducing inequality of schooling. When dynamic panel estimati...

Growth Inclusiveness in Djibouti

Growth Inclusiveness in Djibouti »

Volume/Issue: 2017/93

Series: IMF Working Papers

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2017

DOI: http://dx.doi.org/10.5089/9781475594720.001

ISBN: 9781475594720

Keywords: Middle East, Djibouti, growth, inclusiveness, inequality, povery reduction, General, Aggregate Factor Income Distribution, Measurement and Analysis of Poverty

The paper examines the poverty-reducing and distributional characteristics of Djibouti's economic growth, and discusses policies that might help make growth more inclusive. It covers the period between 2002 and 201...

Inequality Overhang

Inequality Overhang »

Volume/Issue: 2017/76

Series: IMF Working Papers

Author(s): Francesco Grigoli , and Adrian Robles

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 March 2017

DOI: http://dx.doi.org/10.5089/9781475589634.001

ISBN: 9781475589634

Keywords: Income distribution, Income inequality, heterogeneity, Gini, income levels, growth, nonlinearities, General

The linearity of the relationship between income inequality and economic development has been long questioned. While theory provides arguments for which the shape of relationship may be positive for low levels of i...

Revisiting the Link between Trade, Growth and Inequality
			: Lessons for Latin America and the Caribbean

Revisiting the Link between Trade, Growth and Inequality : Lessons for Latin America and the Caribbean »

Volume/Issue: 2017/46

Series: IMF Working Papers

Author(s): Kimberly Beaton , Aliona Cebotari , and Andras Komaromi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2017

DOI: http://dx.doi.org/10.5089/9781475585551.001

ISBN: 9781475585551

Keywords: Trade, Globalization, Growth, Liberalization, Inequality, Latin America, Caribbean, Economic Growth of Open Economies, Globalization: General, General

We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel fra...

The Effects of Monetary Policy Shocks on Inequality

The Effects of Monetary Policy Shocks on Inequality »

Volume/Issue: 2016/245

Series: IMF Working Papers

Author(s): Davide Furceri , Prakash Loungani , and Aleksandra Zdzienicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475563092.001

ISBN: 9781475563092

Keywords: Time series, Monetary policy, Developed countries, Emerging markets, Panel analysis, Income inequality, monetary policy; monetary policy shocks; income inequality, monetary policy shocks, Equity, Justice

This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a panel of 32 advanced and emerging market countries over...

Zimbabwe
			: Zimbabwe: Settlement of Overdue Financial Obligations to the Poverty Reduction and Growth Trust,Lifting of Declaration of Noncooperation, Lifting of Restriction on Fund Technical Assistance, and Restoration of Poverty Reduction and Growth Trust Eligibility-Press Release; and Staff Report

Zimbabwe : Zimbabwe: Settlement of Overdue Financial Obligations to the Poverty Reduction and Growth Trust,Lifting of Declaration of Noncooperation, Lifting of Restriction on Fund Technical Assistance, and Restoration of Poverty Reduction and Growth Trust Eligibility-Press Release; and Staff Report »

Volume/Issue: 2016/382

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Finance Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2016

DOI: http://dx.doi.org/10.5089/9781475561258.002

ISBN: 9781475561258

Keywords: Press releases, Poverty Reduction and Growth Trust, Payments arrears, Noncooperation with Fund, Overdue obligations, Zimbabwe, Staff Reports, Settlement of overdue obligations, Sub-Saharan Africa, Technical Assistance

This paper discusses Zimbabwe's Settlement of Overdue Financial Obligations to the Poverty Reduction and Growth Trust (PRGT), Lifting of Declaration of Noncooperation, Lifting of Restriction on IMF technical assist...

Inequality and Growth
			: A Heterogeneous Approach

Inequality and Growth : A Heterogeneous Approach »

Volume/Issue: 2016/244

Series: IMF Working Papers

Author(s): Francesco Grigoli , Evelio Paredes , and Gabriel Di Bella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2016

DOI: http://dx.doi.org/10.5089/9781475560527.001

ISBN: 9781475560527

Keywords: Economic growth, Econometric models, Income distribution, Structural vector autoregression, Income inequality, Panel analysis, Heterogeneity, Gini, income levels, growth

The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even distribution of income can spur economic activity. This paper tests for cross-country convergence...

A Tale of Transition
			: An Empirical Analysis of Economic Inequality in Urban China, 1986-2009

A Tale of Transition : An Empirical Analysis of Economic Inequality in Urban China, 1986-2009 »

Volume/Issue: 2016/239

Series: IMF Working Papers

Author(s): Haiyan Ding , and Hui He

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2016

DOI: http://dx.doi.org/10.5089/9781475560008.001

ISBN: 9781475560008

Keywords: Time series, China, People's Republic of, Consumption distribution, Transition economies, Income distribution, China, Asia and Pacific, Household expenditures, Household survey data, Income inequality

This paper is the first comprehensive empirical study of earnings, income, and consumption inequality in urban China from 1986 to 2009, using unique micro-level data from the Urban Household Survey (UHS). The paper...

The Influence of Gender Budgeting in Indian States on Gender Inequality and Fiscal Spending

The Influence of Gender Budgeting in Indian States on Gender Inequality and Fiscal Spending »

Volume/Issue: 2016/227

Series: IMF Working Papers

Author(s): Janet Stotsky , and Asad Zaman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2016

DOI: http://dx.doi.org/10.5089/9781475555219.001

ISBN: 9781475555219

Keywords: India, Fiscal policy, Asia and Pacific, gender budgeting, gender inequality, Indian states, General, General, Economics of Gender

This study investigates the effect of gender budgeting in India on gender inequality and fiscal spending. Gender budgeting is an approach to budgeting in which governments use fiscal policies and administration to...