OPINION/EDITORIAL

Sharing the Gains of Automation: The Role of Fiscal Policy

(IMAGE: ELENABS/ISTOCK BY GETTY IMAGES) November 18, 2021/IMFBlog By Nikolay Gueorguiev and Ryota Nakatani Careful calibration of spending and tax policies can reduce inequality caused by automation. For many observers, automation has been responsible for both strong economic growth and rising inequality in many countries in recent decades. Automation raises productivity, but it […]

The Impoverished Nigerian Consumer

November 18, 2021/CSL Research A news report by the World Bank titled COVID-19 in Nigeria: Frontline Data and Pathways states that COVID-19 has continued to threaten food security in Nigeria, as households and firms are yet to recover from the devastating impact of the pandemic. The bank, therefore, called on the government […]

“A fragile win”: looking back at COP26

November 18, 2021/EBRD By Vanora Bennett Image Credit: EBRD Before it began, Greta Thunberg called it “blah, blah, blah.” While it was going on, the foreign minister of the low-lying Pacific island nation of Tuvalu, Simon Kofe, wearing a suit and tie, at a lectern – but with the sea lapping round […]