Finance & Development • June 2011 • Volume 48 • Number 2
-
Beyond Retirees
Philippe Karam, Dirk Muir, Joana Pereira, and Anita Tuladhar
Impact of pension changes on global economy
-
Shaken to the Core
Stephan Danninger and Kenneth Kang
Implications of the earthquake and tsunami in Japan
-
Financial Repression Redux
Carmen M. Reinhart, Jacob F. Kirkegaard, and M. Belen SbranciaRetiring sovereign debt
-
Balancing the Burden
Nicoletta Batini and Giovanni CallegariFuture generations pay for today’s retirees
-
Rethinking Economics
Camilla AndersenThree Nobel laureates’ views
Read the article >
Solow: Watch the video >
Spence: Watch the video >
Stiglitz: Watch the video >
WISING UP TO THE COSTS OF AGING
The Price of Maturity
Ronald Lee and Andrew Mason
Aging populations mean countries have to find new ways to support their elderly
Watch video: Global aging 
Listen to podcast: Aging in China 
Beyond Retirees
Philippe Karam, Dirk Muir, Joana Pereira, and Anita Tuladhar
How countries change their pension systems and whether they do it in tandem have major implications for global economic health
How Ready for Pensioners?
Neil Howe and Richard Jackson
A new index assesses which countries are the best prepared and which are the worst prepared when it comes to meeting retirees' needs
Balancing the Burden
Nicoletta Batini and Giovanni Callegari
The costs of benefits for current retirees fall more on future Americans than on future Italians
Also in this issue
Financial Repression Redux
Carmen M. Reinhart, Jacob F. Kirkegaard, and M. Belen Sbrancia
Governments are once again finding ways to manipulate markets to hold down the cost of financing debt
Making Friends
Deniz Igan and Prachi Mishra
A strong connection exists between financial industry lobbying and favorable financial legislation
Esprit de Currency
Douglas A. Irwin
IMF and WTO must pull together to iron out exchange rate policy disputes
Closing the Jobs Gap
Yasser Abdih
High youth unemployment contributes to widespread unrest in Middle East
Watch video: Arab Spring voices
Shaken to the Core
Stephan Danninger and Kenneth Kang
The economic impact of the disaster in Japan is far reaching
Bankers on the Beach
Maria Gonzalez and Alfred Schipke
Financial flows to offshore financial centers, when properly managed, can contribute to economic growth
Rethinking Economics in a Changed World
Camilla Andersen
Three Nobel laureates discuss what the crisis has taught us
Watch videos:
Michael Spence | Joseph Stiglitz |
Robert Solow
Departments
People in Economics
The Human Face of Economics
Prakash Loungani profiles George Akerlof
Watch video: George Akerlof on Identity Economics
Picture This
Lowering the Cost of Sending Money Home
Kai Schmitz and Isaku Endo
Reducing transaction costs can put more money in the pockets of migrants and their families
Straight Talk
Emerging Challenges
Min Zhu
Emerging markets must adapt to the new global reality by building on their economic success
Back to Basics
Data Spotlight
Looking under the Hood
José M. Cartas and Ricardo Cervantes
Bank capital ratios have improved since the crisis, but mainly because banks are lending less
Book Reviews
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, Abhijit Banerjee and Esther Duflo
Listen to podcast: Putting the poor front and center
How Many Languages Do We Need? The Economics of Linguistic Diversity, Victor Ginsburgh and Shlomo Weber
Adapt: Why Success Always Starts with Failure, Tim Harford
Listen to podcast: Experimenting with failure
Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present, Jeff Madrick
F&D interactive iPad instructions
- Purchase Goodreader from the iPad app store (one-time cost of $4.99).
- Click on "Web Downloads" on the right side of the Goodreader home screen.
- Select "Enter URL" and enter "http://tiny.cc/fd0611".
- Under "Recent Downloads," select the newly downloaded F&D PDF.
Multimedia
Video: Global aging
Podcast: Costs of aging in China
Podcast: Japan shaken to the core
Video: Arab Spring
Video: George Akerlof on Identity Economics
Video: Min Zhu on Emerging markets' challenges for the future
Podcast: Putting the poor front and center
Podcast: Experimenting with failure
Video: New ideas for a new world: Michael Spence
Video: New ideas for a new world: Joseph Stiglitz
Video: New ideas for a new world: Robert Solow
Write to us
F&D welcomes comments and brief letters, a selection of which are posted under Letters to the Editor. Letters may be edited. Please send your letters to fanddletters@imf.org