IMF: Post-pandemic growth relies on these two things
Higher productivity is one of the key ingredients to higher economic growth and incomes. To ensure higher productivity policies must play a key role.
Margaux MacDonald is an Economist in the Research Department of the IMF where she works in the Multilateral Surveillance Division. Previously, she worked in the African Department on IMF program countries and external sector issues. Her research interests include international macroeconomics and finance, and her recent work focuses on cross-country spillovers from monetary policy, banking, and trade. She holds a Ph.D. in Economics from Queen’s University.
Higher productivity is one of the key ingredients to higher economic growth and incomes. To ensure higher productivity policies must play a key role.
Macroeconomic factors – rather than bilateral tariffs – have been the key drivers of the evolution of bilateral trade balances.
While unemployment is falling, debt levels remain high and productivity growth is low.