Monthly Archives: October 2012

Where’s the IMF on inequality and growth?

Published on Oxfam America’s Politics of Poverty blog

Today’s New York Times picked up on an important research paper by two IMF economists. The Fund’s Andrew Berg and Jonathan Ostry argue chronic income inequality is detrimental to economic growth. In contrast, more equal countries are likely to experience durable and sustainable growth spells. This research couldn’t be more timely, as inequality across the […] Continue reading