Latest Issue

DEMOGRAPHICS

The Long, Good Life

Longer, more productive lives will mean big changes to the old rules of aging

BY Andrew Scott

• Eastern Europe’s Exodus

  In Europe’s newest states, emigration compounds the problem of aging populations

  BY Maria Petrakis

• Immigrant Swan Song

  Immigration can solve the demographic dilemma— but not without the right policies

  By Giovanni Peri

• Getting Older but Not Poorer

  As societies age worldwide, pensions and public policies must adapt

  By David Amaglobeli, Era Dabla-Norris, and Vitor Gaspar

People in Economics

Retirement Behaviorist

Olivia S. Mitchell

Wharton’s retirement behaviorist, who is a founder of modern pension research

By Peter J. Walker

• Edward Glaeser

  Harvard’s Edward Glaeser sees urbanization as a path to prosperity

  By Chris Wellisz

• Atif Mian

  A Princeton economist, who sees the fight against inequality as a moral imperative

  By Hyun-Sung Khang

• Susan Athey

  A Stanford economist who brings machine learning to economics

  By Bob Simison

• Branko Milanovic

  A leading scholar of inequality

  By Chris Wellisz

Series Archive

Point of View

OP-ED PIECES FROM LEADING THINKERS

Accepting the Reality of Secular Stagnation

New approaches are needed to deal with sluggish growth, low interest rates, and an absence of inflation

By Lawrence H. Summers

• Access to Finance

  Women are self-selecting out of the African credit market

  By Hanan Morsy

• A Greener Future for Finance

  The successes and challenges of green bonds offer lessons for sustainable finance

  By Afsaneh Beschloss and Mina Mashayekhi

• Tackling Inequality

  How can we address inequality in the 21st century? Start with climate change

  By Lyndsay Walsh

In the Trenches

One-on-one with Policymakers

Rebuilding Somalia

Finance Minister Abdirahman Dualeh Beileh sees hope for his country’s economic development

By Bruce Edwards

• Going against the Tide

  Brazil's Ilan Goldfajn explains why central bankers ought to follow their convictions

  By Andreas Adriano

• Convincing the Markets

  Peter Praet revisits the ECB's unconventional monetary policy response to the euro crisis

  By Rebecca Christie

• PM Trudeau on Climate, Cyber and Equality

  A wide-ranging interview with Canadian Prime Minister Justin Trudeau

  By Rahim Kanani

Currency Notes

Natural Treasures

Samoa honors its environmental heritage in colorful currency

By Melinda Weir

Picture This

Coming of Age

By 2050, as birth rates continue to drop and people live longer, the world’s population will change

BY Neil Ruiz, Luis Noe-Bustamante, and Nadya Saber

• Gimme Shelter

  Counting wealth in offshore tax havens boosts estimates of inequality

  By Lijun Li and Chris Wellisz

Online Exclusives

Menno Snel on Tackling Tax Avoidance

The Dutch Finance Ministry is working to stamp out tax avoidance.

By Maureen Burke

• David Rubenstein on Profit and Purpose

  Carlyle Group cofounder David M. Rubenstein on a new corporate reality

  By Rahim Kanani

• Kevin Rudd on Climate Change

  One-on-one with former Australian Prime Minister Kevin Rudd

  By Rahim Kanani

• PM Trudeau on Climate, Cyber and Equality

  A wide-ranging interview with Canadian Prime Minister Justin Trudeau

  By Rahim Kanani

Also in This Issue

Youth Rising

Three under thirty forge their own futures

By SAHIBA CHAWDHARY, OMAR CHENNAFI, and JJUMBA MARTIN

• Where the Sun Shines

  Renewable energy sources, especially solar, are ideal for meeting Africa’s electrical power needs

  By Gregor Schwerhoff and Mouhamadou Sy

• 60 Years of Uncertainty

  Our new index provides novel insights into an amorphous concept

  By Hites Ahir, Nicholas Bloom, and Davide Furceri

F&D Podcast Channel

Mitigating Economic Fallout of Coronavirus

The limited human contact required to contain the spread of the virus is hindering economic activity and in turn, putting enormous pressure on the global economy.

Martin Mühleisen

Demography is Destiny–Really?

Harvard economist and demographer David Bloom says public policy both shapes and responds to demographic trends.

David Bloom

Immigration Answer to Demographic Dilemma

While the immigration debate tends to focus on culture, identity and potential economic benefits, Giovanni Peri says demographics are the Achilles' heel of the global North.

Giovanni Peri

Kristalina Georgieva and Lord Nicholas Stern Talk Climate

We hear from two influential people at the very center of where economic and environmental policies meet.

Kristalina Georgieva and Lord Nicholas Stern

Back to Basics

Current Economic Issues Explained

How Can Interest Rates Be Negative?

Countries are starting to experiment with negative interest rates

By Vikram Haksar and Emanuel Kopp

• What Is Stress Testing?

  Checking the health of banks is crucial to financial stability

  By Martin Čihák, Hiroko Oura, and Liliana Schumacher

• What Is Carbon Taxation?

  Carbon taxes have a central role in reducing greenhouse gases

  By Ian Parry

  How Fiscal Policies Can Help Save the Planet

• Does a Minimum Wage Help Workers?

  An overly generous wage may prompt employers to cut jobs

  By Piyaporn Sodsriwiboon and Gabriel Srour

  Minimum wage

Series Archive

Book Reviews

EXPERTS REVIEW THE LATEST BOOKS

Good Economics for Hard Times

By Abhijit V. Banerjee and Esther Duflo

Reviewed by KEMAL DERVIȘ

• Capitalism, Alone: The Future of the System That Rules the World

  By Branko Milanovic

  Reviewed by ZIA QURESHI

• Narrative Economics: How Stories Go Viral & Drive Major Economic Events

  By Robert J. Shiller

  Reviewed by JONATHAN PORTES

Straight Talk

IMF LEADERSHIP ON KEY GLOBAL ISSUES

The Adaptive Age

No institution or individual can stand on the sidelines in the fight against climate change

Kristalina Georgieva

• Updating Bretton Woods

  

  Renewed commitment to global economic cooperation is needed

  Christine Lagarde

• Cleaning Up

  

  Countries are advancing efforts to stop criminals from laundering their trillions

  Rhoda Weeks-Brown

• A Regulatory Approach to Fintech

  

  We must guard against emerging risks without stifling innovation

  Christine Lagarde, IMF Managing Director

F&D Video Channel

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