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4th Industrial Revolution
Global Issue
Industry
Economy
4th Industrial Revolution
Public Finance and Social Protection
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COVID-19
Gold eyes $2,000 mark in speedy record-breaking run
Following on from the fiscal response by governments and central banks, the price of gold has reached an all-time high. However, it has been predicted this rise could precede a fall.
COVID-19
Gold eyes $2,000 mark in speedy record-breaking run
Following on from the fiscal response by governments and central banks, the price of gold has reached an all-time high. However, it has been predicted this rise could precede a fall.
COVID-19
IMF chief: How policymakers can ensure a resilient COVID-19 recovery
Fiscal measures of about US$11 trillion have put a floor under the global economy. But further action is needed, the IMF's Kristalina Georgieva writes.
Development Finance
IMF: Fiscal policies to support governments now - and in future
It is vital fiscal policy remains flexible and is properly managed until the end of the Great Lockdown, write two economists from the IMF.
COVID-19
Joseph Stiglitz on priorities for the post-COVID economy
Governments are having to constantly adapt fiscal policies to support both vulnerable people and businesses during COVID-19. It's vital a green recovery is part of policymakers' plans.
COVID-19
How COVID-19 is rapidly evolving digital financial inclusion
Lockdowns and social distancing are accelerating the use of digital financial services, just as the SARS epidemic in 2003 hastened China’s launching of digital payments and e-commerce.
Public Finance and Social Protection
Remittances could fall by $100 billion because of COVID-19 – here’s why that matters
At least 60 low- and middle-income countries depend on remittances for more than 5% of GDP. But this vital source of income is under threat.
Public Finance and Social Protection
COVID-19: How governments can protect vulnerable workers
Two economists discuss the policy actions governments can pursue to support vulnerable workers and avert the risk of a pandemic inequality feedback loop.
COVID-19
How public sector accounting can help in the COVID-19 recovery
Proper asset management and accrual accounting would contribute to economic growth, generate cash flows for the public budget, and lower net operating costs.
United States
COVID-19 could change the welfare state forever
Governments are boosting spending to support those who have been most affected by COVID-19. The pandemic could lead to a new consensus on the welfare state.
COVID-19
This major issue needs to be resolved before we can become a cashless society
Black Americans are less likely to have bank accounts than other groups in the US, and the same is true for poor people in Europe, according to a report.
Public Finance and Social Protection
Our healthcare system is failing people without COVID-19. It’s time to address the hidden third wave.
By prioritizing preventing COVID-19, we have unintentionally left behind people living with cancer, rare diseases and other acute and chronic conditions.
Financial and Monetary Systems
You’ve got money: Mobile payments help people during the pandemic
Governments around the world, and particularly in developing countries, are resorting to direct bank transfers to support their citizens during COVID-19.
LGBTI Inclusion
LGBTQ people need paid leave – and not just during the COVID pandemic
The coronavirus has exposed the urgent need for national paid leave for everyone, with LGBTQ and other marginalized groups most affected by the lack of such a policy.
COVID-19
Chart of the day: The UN's 5-point framework for a socio-economic recovery
The United Nations has said global human development could decline for the first time since 1990, due to coronavirus. But, could it offer an opportunity to build a better world?