How far apart are the incomes of the rich and poor in different countries? The chart shows how incomes are spread in several countries in different world regions. The data comes from the excellent Luxembourg Income Study. Blue points show the monthly after-tax income of someone

Open Letter to the International Monetary Fund Board of Directors on the Need for Significant Reform of the Rate of Charge and Surcharge Policies | Global Development Policy Center ⁦Joseph E. Stiglitz⁩ ⁦Jayati Ghosh⁩ bu.edu/gdp/2024/10/10…

A lot of people don’t know this, But in 1994 China gave Singapore a Singapore sized portion of Suzhou, a city in the Shanghai metro area, and basically dared Singapore to create an industrial powerhouse there. Singapore kind of semi-failed at it, but kept going with it, and

Teenage pregnancy rates have fallen across all regions in the last few decades. The chart shows the number of live births per 1,000 women aged 15 to 19 since 2000, based on data compiled by the United Nations. Globally, rates have fallen by around one-third. This decline has

Research from Yan Wang + Yinyin Xu finds that the accumulation of renewable natural capital and the adoption of renewable energy have proven effective in improving environmental conditions in the Global South. Read more in iScience journal: gdpcenter.org/3TURF2A

"Taxing the super-rich is in every country's interest. It’s not North versus South —it’s the elite versus the rest of us,” our Co-Chair Jayati Ghosh at our CSPF session at the IMF World Bank meetings in Washington DC

🧵WHAT’S INSIDE BRICS SUMMIT’S KAZAN DECLARATION? BRICS has adopted the final declaration of its Summit in Kazan, Russia, with plans to submit the document to the UN. Here’s what’s inside:

Amid the IMF/World Bank Group Annual Meetings, Abebe Shimeles + Kevin P. Gallagher urge African leaders to push for new Special Drawing Rights issuances + for advanced economies to re-channel idle SDRs into productive purposes. Read more in The Conversation Africa: gdpcenter.org/3BU5gAW

Which countries are leading in terms of the share of electricity from renewable energy sources? This infographic displays the percentage of electricity generation from renewable sources across the globe in 2022. It highlights significant regional differences, with Albania,

In a recent Global Policy journal article, Marina Zucker-Marques + Kevin P. Gallagher propose a novel financial instrument called Sustainable Future Bonds to expand multilateral development bank loan portfolios by $1.9 trillion by 2030. Here's how it would work: gdpcenter.org/4fg3s3o

In a recent iScience journal journal article, Yan Wang + Yinyin Xu investigate the relationship between CO2 emissions, economic development + development financing in the Global South and recommend investing in green natural capital: gdpcenter.org/40ggPg3

The real reason Africa is up to its neck in debt - It’s not the IMF or even China but private banks that threaten developing country’s finances, lending at exorbitant rates telegraph.co.uk/global-health/…

China 🇨🇳in one video… The technology leader

. Yan Wang, Justin Yifu Lin + Yinyin Xu call for reforming Debt Sustainability Analyses, saying that Global South governments need to be able to invest in bankable projects that relieve bottlenecks and unlock sustainable development: gdpcenter.org/4fkIxMW

In a new blogpost, Yan Wang, Justin Yifu Lin + Yinyin Xu argue novel financial instruments like 🇨🇳China’s panda bonds can help developing countries secure loans at affordable rates. Read more: gdpcenter.org/4hDjsyq

Pirates of the Carribbeans [📹 yeonah_kim_violin]

😱这。。。他不玩RAP改玩古筝了， 有一说一，比韩国人弹的好多了。

1/11 A new paper by the NBER on the McKinley tariffs of the late 1890s claims that the US economy did not benefit from the tariffs, mainly because they "may have reduced labor productivity in manufacturing." bloomberg.com/opinion/articl…

1/4 Yicai: "The debt resolution plan mainly involves debt replacement, not debt reduction, meaning the responsibility for resolving the liabilities still lies with local governments, said Wang Lei, director at S&P." I think this is a good thing. yicaiglobal.com/news/financial…

4/4 central-government balance sheets. But that would be a bad idea. China will urgently need a clean central-government balance sheet to avoid social and economic disruption once it stops postponing what will already be a very difficult, multi-year economic adjustment.