Post Tagged with: "#world"

Significant Resources are required to combat Climate change and to invest in Preventative Measures

February 18, 2020 5:45 PM
Significant Resources are required to combat Climate change and to invest in Preventative Measures

  Last week, UNDP launched Mission 1.5, a global campaign to bridge the gap between millions of people and their governments on ambitious climate action. In the online game, players take on the role of climate policymakers and make decisions to try to limit the effects of climate change. This […]

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Crime does not recognize Borders, Police shouldn’t either

10:00 AM
Crime does not recognize Borders, Police shouldn’t either

  Imagine this scenario, Albanian police spot a minivan smuggling ’migrants’. They immediately start pursuing the van but they can see that the driver is heading for the Montenegrin border. The van crosses the border and the Albanian police must stop pursuit. They cannot cross the border and the smugglers […]

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“Credit booms”—between buoyant economic Performance and the Danger of a Future Crisis

February 17, 2020 4:30 PM
“Credit booms”—between buoyant economic Performance and the Danger of a Future Crisis

  In Spain, private sector credit as a share of GDP almost doubled between 2000 and 2007. This increase was accompanied by a boom in housing prices—which doubled in real terms over the same period. The economy as a whole also grew at a record pace. But then in 2008, […]

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Most Workers feel more Positive than Negative about Automation

February 15, 2020 2:30 PM
Most Workers feel more Positive than Negative about Automation

  Tired of reading articles about how a robot will take your job? We’ve all heard horror stories that foresee the devastating consequences that automation will have on people’s working lives—yet much less attention has been devoted to what workers actually think. “Our chart of the week from our recent research does […]

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IMF Board of Governors Approves a Resolution on Quota Reviews

2:00 PM
IMF Board of Governors Approves a Resolution on Quota Reviews

  On February 7, 2020 the Board of Governors of the International Monetary Fund (IMF) adopted a Resolution concluding the Fifteenth General Review of Quotas with no increase in IMF quotas. The Resolution also provides guidance for the Sixteenth General Review of Quotas to continue the process of IMF governance […]

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How to prevent Future Financial Crises in the World?

February 14, 2020 12:45 PM
How to prevent Future Financial Crises in the World?

  As society braces for the potential havoc a changing climate could induce, it’s vital to gauge the range of shocks that the economy may soon endure. One way to quantify the effects of the potentially systemic shocks that could ripple through the financial system is to administer “stress tests”—a […]

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IMF European Director Poul Thomsen to Retire

8:00 AM
IMF European Director Poul Thomsen to Retire

  International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced on Monday that Poul Thomsen, European Department Director, will retire at the end of July. Mr. Thomsen, a national of Denmark, has spent the bulk of his 37-year Fund career working on European countries in various senior positions in Washington […]

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Increased investment to combat climate change and natural disasters to bring Benefits

February 12, 2020 4:15 PM
Increased investment to combat climate change and natural disasters to bring Benefits

  Structural economic reforms, along with sound macroeconomic policies, helped the Philippine economy to grow, on average, by 6.3 percent annually over the last decade. But sustaining and sharing the benefits of this growth among its citizens will require policymakers to focus their attention on issues such as costly geographical […]

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IMF Predictions: Japan’s Current Population of 127 million will shrink by over a Quarter

12:00 PM
IMF Predictions: Japan’s Current Population of 127 million will shrink by over a Quarter

  Japan’s population is aging and shrinking fast. With a median age of 48.4 years, Japan’s population is the world’s oldest. The government of Japan projects that there will be almost one elderly person for each person of working age by 2060. Over the same 40-year span, Japan’s current population […]

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Chief Administrative Officer and Deputy Managing Director Carla Grasso Leaving IMF

February 7, 2020 7:31 PM
Chief Administrative Officer and Deputy Managing Director Carla Grasso Leaving IMF

  International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced on Friday that Carla Grasso, Chief Administrative Officer and Deputy Managing Director (DMD), would be leaving the Fund at the end of February in the context of changes she will be making to the leadership team. Ms. Grasso’s responsibilities included […]

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