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Cover Finance & Development
Finance and Development, June 2017
International Monetary Fund. External Relations Dept.
This paper focuses on millennials who are increasingly looking to find their way in the sharing economy, a phenomenon made possible by the emergence of digital platforms that facilitate the matching of buyer and seller. Jobs in the sharing economy—like driving for Uber or Lyft—help some millennials make ends meet, even if such temporary gigs are a far cry from the fulltime jobs with traditional pension plans and other benefits their parents often enjoyed. This generation also enthusiastically embraces the services of the sharing economy, which provides access to everything from beds to cars to boats without the hassle of ownership. Loath to buy big-ticket items such as cars and houses, millennials have sharply different spending habits from those of preceding generations. Millennials confront obstacles to prosperity that their parents didn’t face. They are better educated than previous generations—but in today’s world, that is not enough to guarantee financial success.
Keywords:
FD; F&D; millennial; youth unemployment; arm millennial; generation; energy subsidy reform; challenges of millennial; immigration policy; Pensions; Health care; Currencies; Emerging and frontier financial markets; Global; Sub-Saharan Africa; Africa; Europe; Eastern Europe; Western Europe; Caribbean
Cover Government Finance Statistics Yearbook, 2010
Government Finance Statistics Yearbook, 2010
International Monetary Fund. Statistics Dept.

Abstract

Detailed annual data for Fund member governments are supplied on revenue income by source (tax, lending, bonds, etc.), and expenditure by sector (defense, education, health, etc.) for all levels of government (national, state, local). Topics covered include deficit/surplus or total financing, revenues or grants, expenditures, lending minus repayments, domestic financing, foreign financing, domestic debt or total debt, and foreign debt. The Yearbook provides data on budgetary operations, extra-budgetary operations, social security, and consolidated financial operations of central governments. A section of the Government Finance Statistics Yearbook is devoted to a cross-country comparison of data.

Keywords:
GY; GFS; net acquisition; net incurrence; Dem. rep.; net lending; Russia federation
Cover IMF Survey
Recent publications
International Monetary Fund. External Relations Dept.

The IMF’s Executive Board on May 15 approved an augmentation of Turkey’s three-year Stand-By Arrangement by SDR 6.4 billion (about $8 billion), bringing the total to SDR 15 billion (about $19 billion). The full text of Press Release 01/23, including details of Turkey’s economic program, is available on the IMF’s website (www.imf.org).

Keywords:
SV; IMF Treasurer's Department; IMF issues brief; IMF survey; IMF's website; outcomes of IMF; exchange rate regime; enterprise performance; Exchange rates; Currencies; Pension spending; Development assistance; Privatization