Lack of opportunity isn't the problem - inequality is
There are clashing views on the relationship between income inequality and growth. Some have pointed to at least some measure of inequality as a necessary outcome of the rewards to innova...
Shekhar Aiyar is the IMF's Mission Chief for Germany. Previously he headed the Euro Area division. He has worked on a broad range of countries in Europe, Asia, and Africa. His research interests include international macroeconomics, bank regulation, economic growth, and the role of luck in international cricket. He holds a PhD from Brown University.
There are clashing views on the relationship between income inequality and growth. Some have pointed to at least some measure of inequality as a necessary outcome of the rewards to innova...
Growth in the euro area rebounded earlier this year, but it remains fragile, while risks have increased. Now is a good time for euro area economies to strengthen their ability to weather ...
Paralelamente al envejecimiento de la población en general, la fuerza de trabajo en la zona del euro también está envejeciendo. Esto podría provocar un descenso del crecimiento de la prod...
In parallel to the aging of the general population, the workforce in the euro area is also growing older. This could cause productivity growth to decline in the years ahead, raising anoth...
A series of conflicts has brought the number of Middle East refugees to levels not seen since World War II. Today, Syria alone accounts for more than 4 million refugees and 7.6 million in...