The Global Economy Program has organized an informal discussion featuring Prakash Loungani, who heads the Development Macroeconomics Division in the IMF’s Research Department.
Over the past five years, the IMF has stepped up its work on inclusive growth (namely, issues of job creation, growth and inequality). The Fund has also moved into areas considered even further from its core mandate, such as gender gaps, climate change, and the impacts of migration and the refugee crisis.
The talk provides an overview of these initiatives and address some criticisms, the most notable of which is that the new work has not yet fed through into IMF country operations and programs.
Prakash Loungani heads the Development Macroeconomics Division in the IMF’s Research Department