March 20, 2017/iMFdirect  By IMFBlog As discussed in the IMF’s G20 Note, and a blog last week by IMF Managing Director Christine Lagarde, a forthcoming chapter of the World Economic Outlook seeks to understand the decline in the labor share of income (that is, the share of national income paid in […]

March 20, 2017/iMFdirect By Rabah Arezki and Akito Matsumoto In November 2014, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain output despite a perceived global glut of oil. The result was a steep decline in price. Two years later, on November 30, 2016, the organization took a different […]

Bill Gates, Microsoft Co-Founder and US President Donald Trump. Photo Credit: Yahoo. News March 20, 217/AFP John BIERS Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. […]