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 other digital platforms such as SpotifySoundCloudLibsyn, and free to use for broadcasters, educators and institutions. 

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Resilience and Sustainability Trust: New Tool for a Changing World

January 26, 2023

The new Resilience and Sustainability Trust recognizes vulnerability as a criterion for concessional finance. (photo: iStock/Ajax9)

The IMF’s Resilience and Sustainability Trust (RST) helps low-income and vulnerable middle-income countries build resilience to external shocks and ensure sustainable growth, contributing to their longer-term balance of payments stability. It complements the IMF’s existing lending toolkit by providing longer-term, affordable financing to address longer-term challenges, including climate change and pandemic preparedness. In this podcast, IMF Managing Director Kristalina Georgieva discusses the RST with Prime Minister Mia Motley of Barbados, Rwanda’s President Paul Kagame, WTO Director-General Ngozi Okonjo-Iweala, and Makhtar Diop, Managing Director of the International Finance Corporation. The discussion is moderated by Rajiv Shah, President of the Rockefeller Foundation.

Watch the webcast of the event at IMF.org

Tobias Adrian: Cross-Border Payments for the 21st Century

January 19, 2023

Tobias Adrian says the crypto universe has fundamental problems, but the technologies could be used in a way that provides a public good. (IMF photo)

Most countries have infrastructure and governance structures that allow the private sector to take advantage of new technologies to innovate and improve payment and financial services. But at the international level, it’s a different story. Cross-border payments are as slow, expensive, and risky as ever. IMF Financial Counsellor, Tobias Adrian, and coauthors published some new research on creating a Multi-Currency Exchange and Contracting Platform that would effectively transform the cross-border payment system. In this podcast, Adrian says payments are the foundation for the entire monetary and financial system, and new technologies can help get global payments right. Transcript

Tobias Adrian is the IMF Financial Counsellor and Director of the Monetary and Capital Markets Department.

Michael Kremer on Innovation

January 12, 2023

Nobel Laureate Michael Kremer says innovation is not only an important driver of economic growth but can help save lives and the planet. (IMF photo)

Innovation is often associated with developments in information and communication technologies, but for economists, innovation is also about developing new business models and new ways for governments to deliver public services like health and education. Michael Kremer is a professor of economics at the University of Chicago and the founder of the Development Innovation Lab. His work on poverty reduction with colleagues Esther Duflo and Abhijit Banerjee won them the Nobel Prize in economics in 2019. In the early 2000s, Kremer helped develop the design of Advance Market Commitment models used to incentivize the private sector to work on issues of relevance for the developing world. Michael Kremer was invited to deliver the IMF Richard Goode Lecture, an annual event to discuss policy issues and debates. In his talk, Kremer says commercial incentives for innovation are not always aligned with social needs, which results in underinvestment in some types of innovation and creates a role for public investment. Transcript

Michael Kremer is Professor in Economics at the University of Chicago, and Director of the Development Innovation Lab. He shared the Nobel Memorial Prize in Economics in 2019 for his work on experimental approaches to alleviating global poverty.

Women in Economics: Betsey Stevenson on Work-Life Balance

January 5, 2023

Betsey Stevenson says greedy jobs often force women to choose between their families or their careers. (Photo: Courtesy of Betsey Stevenson)

We often think about the economy as being driven by how productive we are on the job, but the pandemic made it clear that our personal lives and our work lives are in fact deeply linked. Betsey Stevenson is a labor economist who studies how families are shaped by their economic situations and the decisions that policymakers make. Stevenson is a professor at the University of Michigan and a former economic advisor to the Obama administration. Journalist Rhoda Metcalfe spoke with Betsey Stevenson about her research into the powerful connections between our work and home life for the IMF series on extraordinary Women in Economics.  Transcript

Betsey Stevenson is a professor of public policy and economics at the University of Michigan. She is also a faculty research associate at the National Bureau of Economic Research and serves on the executive committee of the American Economic Association.

David Cutler on Cities After the Pandemic

December 8, 2022

David Cutler says we’re only as healthy as the least healthy parts of our cities. (Photo courtesy of Harvard University)

More than half of the world’s population lives in cities, and it’s expected that almost 70 percent will live in urban areas by 2050. People are attracted to cities for the economic and social opportunities they offer. But if the COVID pandemic taught us anything, it’s that population density presents significant health risks. David Cutler is a Professor of Economics at Harvard University’s Kennedy School of Government and the Chan School of Public Health. Cutler and his Harvard colleague Edward Glaeser write about Cities After the Pandemic in the December issue of Finance and Development. In this podcast, David Cutler discusses the article with journalist Rhoda Metcalfe. He says cities now need to put more emphasis on public health to keep economies healthy. Transcript

David Cutler is a Professor of Economics at Harvard University’s Kennedy School of Government and the Chan School of Public Health.

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