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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Divya Kirti on the Economics of Climate Change

August 27, 2021

Insights from economics, and economic thinking have an important role to play in addressing climate change and mitigating its impact. (iStock by Getty Images/Alex Liew)

As climate change looms ever larger, most economists agree that a carbon tax would go a long way toward reducing emissions. But carbon taxes and related policies often face deep political constraints, and many are looking at sustainable investing as a way forward. Economist Divya Kirti is coauthor along with Dalya Elmalt and Deniz Igan of a working paper titled Limits to Private Climate Mitigation. In this podcast, Kirti talks about how such market forces could help make meaningful progress in addressing climate change.  Transcript

Read the paper

Divya Kirti is an Economist in the IMF Research Department.

What $650bn in SDRs Means for the Global Recovery

August 24, 2021

IMF's Ceyla Pazarbasioglu says SDRs will help build confidence and strengthen resilience but they are not a silver bullet. The allocation is part of a broader range of support measures that countries need to exit the crisis.

Special Drawing Rights (SDR) are international reserve assets and used as the accounting unit for IMF transactions with its member countries. Earlier this month, in a historic multilateral response to the pandemic, the IMF board of governors approved a new SDR allocation of $650 billion, the largest in the institution's history. Ceyla Pazarbasioglu heads the Strategy, Policy and Review Department at the IMF. In this podcast, she says the SDR allocation will go a long way toward helping vulnerable countries and minimize the dangerous divergence in recovery paths around the world. Transcript

Ceyla Pazarbasioglu is Director of the Strategy, Policy and Review Department.

Rohini Pande on Inclusion Economics

August 6, 2021

Rohini Pande says better institutions make life fairer.

Inclusion doesn't just happen; it takes policies that intentionally serve the very specific purpose of ensuring inclusion. That is the focus of Rohini Pande's work these days as the Director of Yale's Economic Growth Center. Pande is one of the most influential development economists of her generation, always looking for ways for the poor to increase their influence and claim their fair share of growth. In this podcast, Pande speaks with journalist Rhoda Metcalfe about how tackling poverty depends less on direct aid and more on creating effective democratic institutions so that vulnerable populations can push their representatives to implement redistributive policies.  Transcript

Read the profile in Finance and Development

Rohini Pande is Professor of Economics at Yale University and Director of the Economic Growth Center.

The Global Informal Workforce: Priorities for Inclusive Growth

July 29, 2021

The informal economy is usually defined as business activities by unregistered firms, but it also includes activities by registered firms that are concealed from authorities. (iStock by Getty Images/AfricaImages)

60 percent of the working-age population worldwide operates in the informal sector. A new book titled The Global Informal Workforce, Priorities for Inclusive Growth uses IMF research to study the causes and effects of the high levels of informality in economies across the globe. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. In this podcast, co-editors Corinne Deléchat and Leandro Medina say the pandemic has exposed the vulnerabilities of the informal workforce. Transcript

The book is available at elibrary.imf.org

Corinne Deléchat is a Division Chief in the IMF African Department and leads the team for Senegal, and Leandro Medina is a Senior Economist in the Strategy, Policy and Review Department.

Oral Williams: How Technical Assistance Translates into Better Lives

July 15, 2021

Technical assistance raises tax revenues, which means more money for social programs. (iStock by Getty Images/greenaperature)

Capacity development is one of the IMF's best-kept secrets. Strong institutions are key to a country's long-term development, and a third of the IMF's operating budget goes toward helping governments build the institutional capacity they need to fulfill their development goals. Oral Williams heads the IMF Regional Capacity Development Center for Anglophone West Africa and is coauthor with economists Ralph Chami and Elorm Darkey of a study that shows a direct relationship between technical assistance and the improvement in tax revenues. In this podcast, Williams says providing technical assistance and training to governments means better living standards for more people. Transcript

Read the research 

Oral Williams is Director of the IMF Technical Assistance Center in Accra, Ghana.

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