Listen to the brightest minds in the field of economics and development discuss their latest research and deconstruct global economic trends. IMF Podcasts are also available on digital platforms such as iTunes, SoundCloud and Libsyn, and free to use for broadcasters, educators and institutions. 

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Difficulties Present Opportunities for the African Entrepreneur

August 10, 2018

Baobab tree, Senegal's national symbol. Mame Khary Diene's Bio essence transforms its abundant seeds into exotic oils (iStock by Getty images).

Each country in sub-Saharan Africa has its own set of challenges and opportunities. And while the international community puts a lot of resources toward trying to figure out how best to keep the regions economies growing, most Africans would say that Africa's development lies in the hands of its own young entrepreneurs. Mame Khary Diene, is one such entrepreneur from Senegal, where she found her first business opportunity in the form of seeds from the enormous Baobab tree. Diene was invited to join a panel discussion about private investment in Africa during the 2018 IMF World-Bank Spring meetings, and in this podcast she says small businesses are key to creating jobs for Africa's expanding workforce.

The latest Regional Economic Outlook for sub-Saharan Africa devotes an entire chapter on private investment.

Mame Khary Diene is Founder and CEO of Bio essence.

South Africa: Restoring Confidence to Oil the Wheels for Growth

July 31, 2018

Improving the quality of education in South Africa is key to fighting unemployment. (photo: iStock by Getty Images/LifeJourneys)

It’s been almost 25 years since the end of apartheid, the system of institutionalized racial segregation that left most South Africans with limited access to basic services. The post-apartheid years saw remarkable progress in poverty reduction, access to education and healthcare and reducing unemployment. But some of those early achievements have unwound recently amid slow growth and political uncertainty. The IMF’s latest assessment of South Africa’s economy projects real GDP growth will stay slightly below 2 percent in the medium term, not enough to increase living standards or make a dent in unemployment. Ana Lucia Coronel heads the IMF team for South Africa, and in this podcast Coronel says fighting corruption and improving education will help revive economic growth.

Ana Lucia Coronel is IMF Division Chief for the Southern Africa region and heads the team for South Africa.

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Maya Forstater: The Truth About Illicit Financial Flows

July 23, 2018

Maya Forstater says illicit financial flows are not easily found in macroeconomic statistics because people go to great lengths to hide them. (photo: iStock by Getty Images/Aslan Alphan)

Illicit financial flows have been under the spotlight recently. Both the Panama and subsequent Paradise papers exposed large amounts of money held in tax havens—some under questionable circumstances, and the United Nations has included tackling illicit financial flows as a target within its Sustainable Development Goals. In this podcast, the Center for Global Development’s Maya Forstater talks about how much or how little we really know about illicit financial flows. Forstater was invited to speak at the IMF as part of the Developing Economies Seminar Series.

Maya Forstater, Visiting Fellow at the Center for Global Development.

Africa’s Untapped Revenues with Alex Segura

June 21, 2018

Sub-Saharan Africa’s resource-rich countries have the lowest tax effort and biggest tax gap in the region. (iStock by Getty Images/ssuaphoto)

The latest Regional Economic Outlook for sub-Saharan Africa suggests better policy design could help countries increase tax revenues by as much as 5 percent of GDP. Alex Segura heads the IMF team for Gabon, and led the team of economists who wrote the chapter on raising revenues in the report. In this podcast, Segura says when people perceive that the tax system is fair, they’re much more likely to accept their tax obligations.

Alex Segura, team lead for Gabon, and Advisor in the IMF’s African department.

David Donaldson: Sherlock of Trade

June 8, 2018

MIT’s Dave Donaldson makes no assumptions about trade that are not based on facts. (photo: Porter Gifford Photography)

Studying the market for salt in 19th century India and the effects on trade of a railroad built 150 years ago led economist Dave Donaldson to important new findings that are relevant today. Donaldson was the 2017 John Bates Clark Medalist, awarded for the most significant contributions by an economist under the age of 40. In this podcast, Donaldson talks about his work on trade and how it benefits economic welfare.

A profile of Dave Donaldson, Sherlock of Trade is featured in the June 2018 edition of Finance and Development Magazine.

Dave Donaldson, professor of economics at the Massachusetts Institute of Technology, and 2017 John Bates Clark Medalist. 

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