Cover Finance & Development
Finance and Development, December 2016
Author: International Working Group on External Debt Statistics
Series:
Finance & Development
Volume/Issue:
Volume 53: Issue 004
Language:
English
Publication Date:
05 Dec 2016
DOI:
https://doi.org/10.5089/9781498360937.022
ISBN:
9781498360937
ISSN:
0015-1947
Pages:
60
Keywords:
FD; F&D; income; trade; gain; economy
Legal-disclaimer:
Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.
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This issue of Finance & Development examines the good and bad sides of globalization. Sebastian Mallaby notes that after decades of increasing cross-border movements of capital, goods, and people, only migration continues apace. Capital flows have collapsed, and trade has stagnated. However, rather than a sign of retreat, trade and finance may be resetting to a more sustainable level consistent with continued globalization. IMF Chief Economist Maurice Obstfeld takes a closer look at trade. Ismaila Dieng profiles Leonard Wantchekon, a former activist who plans to train the next generation of African economists. Wantchekon, now a professor at Princeton University, is one of the few African economists teaching at a top US university. His research, which has received considerable attention from development economists, focuses on the political and historical roots of economic development in Africa.

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Cover Finance & Development
Finance & Development
ISSN:
0015-1947
Publisher:
International Monetary Fund