With sub-Saharan Africa soon to have one of the largest working-age populations in the world, removing barriers to business growth and encouraging higher productivity industries will help provide the employment opportunities it needs. But reforms don’t come easy. Wenjie Chen and Andrew Tiffin are economists in the IMF’s Africa Department and produce the Regional Economic Outlook for sub-Saharan Africa. In this podcast, they say addressing development needs while realizing reforms that create sufficient jobs will help garner public support and improve regional prospects.

Transcript: bit.ly/4fqMdwQ

Read the full report at IMF.org

As inflation and interest rates continue to decline and the likelihood of a recession slowly fades, financial markets have seen big equity gains. But the latest Global Financial Stability Report (GFSR) warns of several factors that could upend the recovery, including the apparent disconnect between market buoyancy and heightened uncertainty, especially related to geopolitical risks. Jason Wu and Nassira Abbas lead the IMF’s work on financial stability. In this podcast, they say while the near-term risks appear contained, medium-term prospects remain a concern.

Transcript: https://bit.ly/48cGMyV

Read the full report at IMF.org/GFSR

While 21st-century globalization and international trade dramatically changed how multinational corporations operate, the way they are taxed is largely based on early 20th-century thinking. Recent efforts by the OECD and the UN to modernize the international corporate tax system include a minimum corporate tax to make it more equitable. The IMF has also joined the effort by providing its expertise on global tax policy. Senior counsel Cory Hillier and senior economist Shafik Hebous are coauthors of recent research that seeks to strengthen the impact of a corporate minimum tax.

Transcript: https://bit.ly/47YwFhb