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iMFdirect
iMFdirect features views by IMF economists and officials about pressing issues in the global economy. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.

iMFdirect

Chart of the Week: A Bumpy Road Ahead for Electric Cars

By Christian Bogmans and Lama Kiyasseh August 13, 2018 Versions in  中文, 日本語, Русский Electric car charging station in Berlin, Germany: prices for lithium and cobalt—key ingredients in rechargeable batteries—are rising due limited supply and growing demand for electric cars (photo: Jens Kalaene/Newscom) The surge in demand for electric cars has been fueled in part by the falling costs of lithium-ion batteries—driven by technological progress—which power everything from electric cars to...

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The Long-Term Impact of Brexit on the European Union

By Jiaqian Chen, Christian Ebeke, Li Lin, Haonan Qu, and Jesse Siminitz August 10, 2018 Versions in Español, Français, A container ship entering the Port of Marseille, France: The UK is among the European Union's largest trading partners, accounting for about 13 percent of its trade in goods and services (photo: Gerard Bottino/Newscom) When the United Kingdom leaves the European Union, higher barriers to trade, capital flows, and labor mobility will affect output and jobs not only in...

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Chart of the Week: Equal Pay Remains a Global Issue

By IMFBlog August 6, 2018 Versions in عربي, 中文,  Español, Français, 日本語, Português, Русский  The G7 countries, which are committed to the need for closing the gender gap, have a wage gap average of about 16 percentage points (photo: iStock by GettyImages).   In the battle for the parity of the sexes, some countries have made progress in reducing inequality—such as in access to health care, education, and financial services—but worldwide, men still have more economic...

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Trade and Remittances Within Africa

By Francisco Arizala, Matthieu Bellon, Margaux MacDonald, Montfort Mlachila, and Mustafa Y. Yenice August 1, 2018  Versions in Français, Português Countries in sub-Saharan Africa are more closely tied than ever, thanks to rising trade with one another and remittances (photo: AfricaImages/Getty Images by iStock) Contrary to popular belief, countries in sub-Saharan Africa are more closely tied than ever, thanks to rising trade with one another and remittances—the money people send home...

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Chart of the Week: The Spread of Ideas and Innovation

By IMFBlog July 30, 2018  Versions in 中文, 日本語 Young woman watches robotic fish in Gangneung, South Korea: the spread of knowledge and technology across counties has intensified because of globalization (photo: Richard Ellis/UPI/Newscom). Globalization has accelerated the spread of knowledge and technology across borders. This has helped to increase productivity and potential growth in many countries and at the global level. Technological progress is the key factor behind the...

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5 Things You Need to Know About the IMF and the Sustainable Development Goals

By Tony Annett and Chris Lane July 26, 2018  Version in Русский  The global economic juggernaut is bumping into the boundaries of environmental safety (photo: Infogram). Although we live in an age of unparalleled wealth and technological achievement, billions of people are still suffering from poverty, hunger, exclusion, and conflict. And the global economic juggernaut is bumping into the boundaries of environmental safety, including by changing the climate in a perilous manner...

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Chart of the Week: Top 5 Charts

By IMFBlog July 25, 2018 People wait while their electric cars charge, in Xiamen, China (photo: Zhang Guojun/Newscom) Rank has its privileges, the saying goes.  This week our editors pull rank and pick their favorite charts from our Chart of the Week series.  We’ve selected charts on electric cars, China’s thrift, Iceland’s tourism, wealth and inequality, and millennial home ownership as our top choices.  Chart of the Week: Sharing the Wealth: Inequality and Who Owns What Chart of...

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Addressing Global Imbalances Requires Cooperation

By Maurice Obstfeld July 24, 2018  Versions in Español, Português Shoppers in London, United Kingdom: excess deficits remain in some advanced economies (photo: Toby Melville). Excess imbalances remain generally unchanged, increasingly concentrated in advanced economies. Their persistence is fueling trade tensions among countries. The configuration of imbalances does not pose an imminent danger. Yet, if unaddressed, it could threaten global stability down the road. We have...

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Outlook for the Americas: A Tougher Recovery

By Alejandro Werner July 23, 2018 Versions in Español, Português Street vendors in Rio de Janeiro, Brazil: While growth is accelerating in some parts of Latin America, the recovery has become tougher for some of the largest economies (photo: Oliver Wintzen/Robert Harding/Newscom) Economic activity in Latin America continues to recover. Following the pickup in domestic demand led by consumption in 2017, investment is finally gathering strength. Overall, the region is expected to grow...

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Shifting Tides: Policy Challenges and Opportunities for the G-20

By Christine Lagarde July 18, 2018 Versions in 中文, Español,  日本語, Português, Русский  Cars to be shipped abroad, Jiangsu, China: trade tariffs have gone into effect and export orders have decreased (photo: Imagine China/Newscom) The artist Claude Monet once said, “I worked without stopping, for the tide at this moment is just as I need it.” As the Group of Twenty finance ministers gather this week at the banks of the Rio de la Plata in Buenos Aires they should be inspired by the...

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