IMF World Economic Outlook reports
The Policy Center for the New South will host Romain Alexander Duval, Chief Economist at the International Monetary Fund (IMF) on October 22, who will be presenting the new chapter of the IMF World economic Outlook.
Emerging market and developing economies have enjoyed good growth over the past two decades, but for many economies convergence toward living standards in advanced economies has been slow, raising the question of whether structural reforms could reignite growth. At the same time, individual countries’ experience with past reforms has also been mixed.
Against this background, this presentation of a new chapter of the October 2019 IMF World Economic Outlook will:
i)Document reform trends for a wide range of emerging market and developing economies over the past four decades, using a newly constructed IMF database on regulations in the areas of domestic and external finance, trade, and labor and product markets;
ii) Reassess the income effects of past reforms in these areas, shedding light on the circumstances under which they worked or did not work, and quantifying the potential income gains from a renewed reform push;
iii) On this basis, discuss how policymakers in emerging market and developing economies can best design, prioritize and sequence reforms to maximize their payoffs and overcome political obstacles to their implementation.Keep me informed
Romain Duval is Advisor to the Chief Economist in the IMF Research Department, where he also leads the Structural Reforms Unit. Previously he was the Division Chief for Regional Studies of the IMF Asia Pacific Department and led the Regional Economic Outlook. Prior to joining the Fund, he was the Division Chief for Structural Policies Surveillance at the OECD Economics Department, where he was also the editor of the flagship publication Going for Growth. He has published extensively in leading academic and policy-oriented journals on a wide range of topics including the economics and political economy of labor and product market regulations, growth, productivity, trade, monetary policy, equilibrium real exchange rates, and climate change economics. Over the years his research has also been profiled multiple times in leading global newspapers and magazines such as The Economist, Financial Times, Wall Street Journal or Bloomberg. He holds a PhD in Economics from University Paris-I-Sorbonne.
For more information please contact Mohamed Abrouq, Junior Program Officer at email@example.com
Research page: https://ideas.repec.org/e/pdu64.html