(Credit: IGphotography/iStock by Getty Images) November 8, 2023/IMFBlog By Chikako Baba, Ben Park, Ippei Shibata, and Sebastian Weber Europe’s economic recovery is getting a much-needed boost from rising wages and higher incomes. But in countries where population aging is shrinking the workforce, policymakers may soon face new challenges. Short-term wage pressures could combine […]
OPINION/EDITORIAL
A Look at the Past, Present, and Future
A conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, D.C. November 8, 2023/US Federal Reserve By Chair Jerome H. Powell Thank you, Stacey, for the chance to be part of this celebration. It is great to be here […]
No Choice for States but to Boost IGR
November 8, 2023/Coronation Research The recently released data on internally generated revenue (IGR) by the NBS show that total IGR grew marginally by 1.6% y/y to N1.9trn for FY 2022 compared with N1.8trn recorded in FY 2021. The sluggish pace of y/y growth in total IGR can be partly attributed […]
