Wednesday, April 11, 2007

New from the Fund

World Economic Outlook-Spillovers and Cycles in the Global Economy

Global Financial Stability Report

See IMF webcasts on the reports

I wish IMF would put podcasts on their website.

Commentary on the Reports;
Economics focus-Smaller shares, bigger slices;
In its semi-annual World Economic Outlook, the IMF examines how trade, technology and immigration have stitched the world's labour markets together at an astonishing rate, leaving rich-country workers unsure of where they stand. Weighting each country's workforce by its ratio of exports to GDP, the IMF estimates that global labour supply has in effect risen fourfold since 1980 as China, India and once-communist countries have opened up. Most of the extra workers got no further than secondary school (although the relative supply of graduates has gone up by 50%). With this surge of competition, you might expect labour's share of the pie to shrink.


Latin America: Boosting Productivity Is the Key to Sustaining Growth

IMF: The World Will Decouple if U.S. Has a Soft Landing; It Will Not Decouple if There is a U.S. Hard Landing

Exchange rate depreciation and expenditure switching in the United States

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