The aim of this SDN is to examine whether fear of a political cost associated with economic reforms is justified by the available evidence, and whether there are lessons from how economic policies might be adjusted to mitigate any political cost. The paper will be based on a new comprehensive...

This note raises the IMF's profile on a number of issues related to inequality, unemployment, governance, et cetera It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is...

In bilateral and multilateral surveillance, countries are often urged to consider alternative policies that would result in superior outcomes for the country itself and, perhaps serendipitously, for the world economy. While it is possible that policy makers in the country do not fully recognize...

El FMI ha reconocido en anos recientes que no es posible separar cuestiones como el crecimiento y la estabilidad economica, por un lado, y la igualdad, por el otro. De hecho, se puede argumentar con fuerza que la desigualdad y la incapacidad para sustentar el crecimiento economico son dos caras...