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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Michael Keen on Adapting Old Tax System to New Economy

July 9, 2019

Digitalization is putting added pressure on international tax system. (iStock by Getty images)

International corporate tax avoidance is a growing concern for both advanced economies and low-income countries. The changing nature of the global economy–notably increasing digitalization, in some cases, is making it easier for firms to shift profits to low-tax countries. Michael Keen is a Deputy Director in the IMF's Fiscal Affairs Department, and in this podcast he says the international tax system is under unprecedented stress. Keen was a lead author of a recent IMF policy paper that sets out the current state of the international corporate tax system and explores ways to address some of its shortcomings.

Michael Keen is a Deputy Director and in the IMF's Fiscal Affairs Department.

Ian Parry: Why A Carbon Tax Makes Sense

June 28, 2019

Carbon taxes discourage the use of fossil fuels and encourage a shift to less-polluting fuels. (iStock by Getty images)

When it comes to environmental policies, Ian Parry argues none are more effective than carbon taxes. Parry, an expert on fiscal policy and climate change at the IMF, says carbon taxes promote a full range of responses for reducing emissions–like switching from coal to clean generation fuels, reducing the demand for electricity, transportation fuels, and so on and can be administratively straightforward to implement. Parry is author of several research papers on carbon taxation and his recent article What Is Carbon Taxation? is published in the June 2019 edition of Finance and Development Magazine.

Ian Parry is the principal environmental fiscal policy expert in the IMF's Fiscal Affairs Department.

David Dollar on the Value of Value Chains

June 14, 2019

David Dollar's article on value chains Invisible Links is published in the June 2019 edition of Finance and Development Magazine.

Global value chains break up the production process so that different steps can be carried out in different countries. In the past, a country had to master the production of a whole manufactured product to export it, which rarely happened. With value chains, a country can specialize in one or several activities in which it has a comparative advantage. In this podcast, David Dollar says he's seen Asia's economies transformed by value chains in recent years. Before joining Brookings as Senior Fellow at the China Center, Dollar was World Bank Country Director for China and represented the US Treasury in Beijing.

Check out the Dollar and Sense podcast at Brookings.edu

David Dollar is a Senior Fellow at the China Center at the Brookings Institution.

Fanwell Bokosi on Taming Africa’s Debt Beast

June 5, 2019

Fanwell Kenala Bokosi, AFRODAD Executive Director, during 2019 IMF-World Bank Spring Meetings. (IMF photo)

Debt is at record levels around the world. 40 percent of low-income countries are wrestling with debt distress or high-risk debt levels and for a few countries in sub-Saharan Africa the debt crisis has already materialized. Fanwell Kenala Bokosi is the Executive Director for the African Forum and Network for Debt and Development, or AFRODAD. In this podcast, Bokosi says the nature of Africa's debt has changed in recent years, making it more difficult to find solutions for debt sustainability problems. Fanwell Bokosi joined a panel on Tackling Debt during the 2019 IMF-World Bank Spring Meetings

Dr. Fanwell Kenala Bokosi is the Executive Director for the African Forum and Network for Debt and Development, or AFRODAD

Andrew Steer on How Fiscal Policies Can Help Save the Planet

May 17, 2019

IMF research says carbon pricing can effectively reduce emissions and help fund investments for Sustainable Development Goals. (iStock by Getty Images) Fiscal Policies for Paris Climate Strategies

The main objective of the Paris agreement signed by 190 countries in 2015, is to reduce carbon emissions and ensure a transition to low emissions economies. A new IMF paper looks at the role of fiscal policies in helping countries implement their climate strategies. Andrew Steer, President and CEO of the World Resources Institute joined a panel to discuss the paper at the Center for Global Development. Before joining WRI, Steer held senior positions at the World Bank and was the Chief Author of the landmark 1992 World Development Report that placed environmental economics front and center. In this podcast, Steer says carbon emissions need to be dramatically cut from the global economy to avoid dangerous climate change, and carbon pricing can help do that.

Andrew Steer is President and CEO of the World Resources Institute.

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