OPINION/EDITORIAL

How Trade Can Help Speed Asia’s Economic Recovery

(PHOTO: UNSPLASH) November 19, 2021/IMFBlog By Pragyan Deb, Julia Estefania-Flores, Siddharth Kothari, and Nour Tawk A renewed push to liberalize trade can invigorate durable growth and minimize post-pandemic scarring. Trade has historically been a powerful driver of economic growth and poverty alleviation in Asia, though the momentum of lowering trade barriers has slowed in […]

Nigeria Q3-21 GDP: Economic Growth Moderates on Waning Base Effects; Similar Trend Expected in Q4-21

November 18, 2021/Cordros Report In line with our expectation, Nigeria’s economy grew slower in Q3-21 compared to the prior quarter, as the impact of the favourable base from the prior year began to dissipate. According to the recently released GDP report by the National Bureau of Statistics (NBS), the Nigerian […]

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 […]