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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Binyamin Appelbaum: Distribution Matters

December 22, 2020

High levels of inequality lead to less economic growth. (iStock by Getty Images/Niko_Cingaryuk)

Since the Industrial Revolution began more than 250 years ago- the world has produced enough wealth for every one of its 8 billion people to live comfortably. Yet, over 40 percent live in poverty, with most of the wealth being held by an increasingly narrow slice of the population. Binyamin Appelbaum says rising inequality is weighing on growth and straining the fabric of liberal democracy. And he squarely places the blame on distribution. In this podcast, Appelbaum says while there has been a surge of interest among economists to study the inequities of distribution, some still question the importance of it.  Transcript

Appelbaum's article Distribution Matters is published in the December 2020 issue of Finance and Development Magazine.

 

Binyamin Appelbaum is the lead writer on business and economics for the editorial page of the New York Times.

Wenjie Chen: Real-Time Data Shows Widening Gender Gap

December 17, 2020

Women tend to work more in those jobs that were hardest hit by the pandemic. (iStock by Getty Images/mustafagull)

Tourism, hospitality, and other contact-intensive sectors with higher shares of female workers came to a dead stop shortly after Covid-19 infections started to spread. But as the labor market readjusts to the new work environment, a new study using real-time data on job listings reveals women–across all sectors, continue to drop out of the workforce at an alarming rate. While official labor market data can paint a confusing picture of the job market under the current conditions, economist Wenjie Chen says online job posting analysis from 22 countries shows the extent of the pandemic's damage, especially to women. Women have fared worse than men even in those jobs that are more conducive to working from home. Chen's article Disparities in Real Time is published in the December 2020 issue of Finance and Development Magazine.

Trancript

Wenjie Chen is a Senior Economist in the IMF Asia and Pacific Department.

Ekkehard Ernst and Sabina Dewan on the Growing Precarity of Work

December 11, 2020

The pandemic is casting a spotlight on how vulnerable so many workers really are. (iStock by Getty Images/ArtMarie)

The global pandemic has caused millions of people to lose their jobs and is widening the gap between white-collar workers who can work from home and those who don’t have the skills or resources to participate in a digitally-driven economy. And with robots and automation on the rise, COVID-19 appears to have ushered in a new normal for the global workplace. But in this podcast, JustJobs Network President Sabina Dewan, and ILO economist Ekkehard Ernst, argue this "new normal" isn't really new at all, and that shifting demographics and technology were upending labor markets long before the Covid-induced lockdowns. Dewan and Ernst coauthored Rethinking the World of Work, published in the December 2020 issue of Finance and Development Magazine.

Transcript

Sabina Dewan is President and Executive Director of the JustJobs Network.

Ekkehard Ernst is chief of the Macroeconomic Policies and Jobs unit at the International Labour Organization.

Ian Goldin on Data and Statistics: Signposts in the Fog

December 3, 2020

Ian Goldin says when it comes to economic statistics, we are often found to be in the dark. (B540/ Guillem Lopez/Photoshot/Newscom)

Covid-19 has shown the important role that data and statistics play in assessing the disruptions caused by the pandemic–economic and otherwise–and implementing measures to mitigate its impact. The IMF's Statistics Department brings together leading thinkers in the world of data in its annual Statistical Forum. This year, Ian Goldin was invited to give a keynote speech on Economics, Institutions, and Multilateralism in the context of Covid-19, and to discuss his book The Butterfly Defect with IMF Managing Director Kristalina Georgieva. Goldin is the Oxford University Professor of Globalization and Development, and Director of the Oxford Martin Program on Technological and Economic Change. In this podcast, Goldin says bouncing back should not imply resorting to pre-pandemic approaches but to set out on a new and more sustainable path.

Ian Goldin, is the founding Director of the Oxford Martin School.

Ulrich Volz: Pandemic is but a Prelude to Looming Climate Crisis

November 12, 2020

The pandemic has highlighted in dramatic ways the need for better disaster preparation. (iStock by Getty Images/John Carnemolla)

Despite long-standing warnings from scientists about the risks of a pandemic, the world was simply unprepared for this one. Ulrich Volz says the same is true for climate change. Volz is the director of the Center for Sustainable Finance at SOAS University of London and in this podcast, he says many countries will find themselves in a permanent crisis mode unless concerted efforts are made to strengthen investment to mitigate and adapt to climate change, Volz's article Investing in a Green Recovery is published in the June 2020 issue of Finance and Development Magazine.

Transcript

Ulrich Volz is the director of the Center for Sustainable Finance at SOAS University of London and senior research fellow at the German Development Institute.

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