IMF
“Alberto Alesina Always Knew Where The Big Ideas Were”
Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He shaped the...
After the Lockdown: Italian Consumers Are Cautious About Returning to Normal
The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to return to...
Covid-19, Central Banks, and Debt Monetization: a Webinar With Olivier Blanchard
Princeton Professor Markus Brunnermeier and former IMF chief economist Olivier Blanchard discuss the impact of the current global health crisis on public finances and policy...
Governments and Central Banks Have a Few Unpleasant Options to Stop the Economic Contagion
The global economy and financial markets are seriously hit by the coronavirus outbreak. Central banks can do something, but monetary policy is not enough. A fiscal stimulus might mitigate the impact, but the record-level outstanding amount of public and private debt adds additional risk to the current perfect storm. Â
The World Bank's "Papergate": Censorship Is Not the Best Way to Stop Development Aid From Fueling Corruption
A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...
