April 10, 2017/imf Click to download PDF Report Introduction The labor share of income—the share of national income paid in wages, including benefits, to workers—has been on a downward trend in many countries (Figure 3.1). In advanced economies, labor income shares began trending down in the 1980s, reaching their lowest level of […]
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Roads Less Traveled: Growth in Emerging Market and Developing Economies in a Complicated External Environment
April 10, 2017/IMF Click here to download PDF Report Introduction After a remarkable period of synchronized acceleration in the early 2000s and broad resilience immediately following the global financial crisis, growth across emerging market and developing economies in recent years once again displays heterogeneity—a mix of tapering, standstills, reversals, and continued […]
Explaining The Impact Of The Oil Price Decline On Nigeria
Culled—Proshare April 6, 2017/IMF Click here to download PDF Report This chapter examines the degree to which economic fundamentals at the time of the recent oil price decline explain the intensity of its impact on the Nigerian economy. A cross-country regression finds that countries with a stronger fiscal position, higher […]
