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World Economic Outlook, April 2017

Gaining Momentum?

The latest report shows that global economic activity is finally picking up, but structural impediments and a balance of risks tilted to the downside remain.

World Economic Outlook, April 2017

Gaining Momentum?

The latest report shows that global economic activity is finally picking up, but structural impediments and a balance of risks tilted to the downside remain.

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...

Global Financial Stability Report, April 2017
			: Getting the Policy Mix Right

Global Financial Stability Report, April 2017 : Getting the Policy Mix Right »

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2017

DOI: http://dx.doi.org/10.5089/9781475564563.082

ISBN: 9781475564563

Keywords: Emerging markets, Financial intermediation, Financial stability, Financial soundness indicators, Interest rates. Economic models, interest rates, European banking systems, US corporate sector, Financial conditions

Financial stability has continued to improve since the October 2016 Global Financial Stability Report (GFSR). Economic activity has gained momentum, as outlined in the April 2017 World Economic Outlook (WEO), amid...

IMF Research Bulletin, March 2017

IMF Research Bulletin, March 2017 »

Volume/Issue: 18/1

Series: IMF Research Bulletin

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2017

DOI: http://dx.doi.org/10.5089/9781475595291.026

ISBN: 9781475595291

Keywords: Trade, Financial services, Financial services industry, Foreign trade, China, Africa, Income distribution, income; polarization, inequality, wealth

This issue of the IMF Research Bulletin features recommended readings from IMF Publications and an update on recent IMF Working Papers and IMF Staff Discussion Notes. It also includes a special announcement welcomi...

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...

Macro-Structural Policies and Income Inequality in Low-Income Developing Countries

Macro-Structural Policies and Income Inequality in Low-Income Developing Countries »

Volume/Issue: 2017/1

Series: Staff Discussion Notes

Author(s): Stefania Fabrizio , Davide Furceri , Rodrigo Garcia-Verdu , Bin Grace Li , Sandra Lizarazo Ruiz , Marina Mendes Tavares , Futoshi Narita , and Adrian Peralta-Alva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2017

DOI: http://dx.doi.org/10.5089/9781475566222.006

ISBN: 9781475566222

Keywords: Economic growth, Economic indicators, Fiscal reforms, Fiscal policy, Financial sector, Agricultural sector, Low-income developing countries, Resource mobilization, Social indicators, Financial sector reform

Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair t...

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...