Controversial constitutional and institutional reforms voted in May 2019 in parliament opened the way for President Gnassingbé to stand for a fourth and fifth term (2020 and 2030) because the law does not apply retroactively. The first local elections since more than 30 years resulted in the...

In the June 2015 issue, the Research Summaries review "Migration: An Attractive Insurance Option in African Countries" (Ahmat Jidoud) and "Investment in Emerging Markets" (Nicolas E. Magud and Sebastian Sosa). The Q&A looks at "Seven Questions on Islamic Finance” (Inutu Lukonga). The Bulletin...

The September 2015 issue of the IMF Research Bulletin covers a range of research topics. The Research Summaries featured in this issue are 'Lower for Longer: Neutral Rates in the United States' (Andrea Pescatori and Jarkko Turunen) and 'Economic Principles for Resource Revenue Management'...

European performing arts companies, intrinsically fragile, have been severely hit by the economic crisis. Within the global search for new economic models in the sector, a growing number of initiatives have been taken in the form of establishing collective and participatory firms. Their forms...

Past research has found employee ownership to be linked to better attitudes and behaviors. We investigate three possible mechanisms: (a) a selection effect – employees who buy stock in their own company may have better attitudes to begin with; (b) a status effect – employees who have any...