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Climate Change: Stimulating a Green Recovery” looks at the global problem of climate change. With the world apparently on an economic recovery path, policymakers are looking at ways to limit the impact of climate change through broad international action. One of the challenges is to balance actions to mitigate climate change with measures to stimulate growth and prosperity. This issue of F&D also examines a variety of issues raised by the crisis—including the future of macroeconomics, explored by William White, former chief economist at the Bank for International Settlements, and the longer-term impact of the crisis on the United States, the world’s largest economy. Our “People in Economics” profile spotlights Joseph Stiglitz, the Nobel Laureate who “can’t get any respect at home.” We also look at the need for rebalancing growth in Asia, which is leading the world out of recession, and we interview five influential Asians on the region’s fragile rebound. We turn our “Straight Talk” column over to Barbara Stocking of Oxfam, who makes a forceful case for stepping up help to the most vulnerable around the world. “Data Spotlight” looks at trends in inflation, which has fallen into negative territory in some countries during the crisis, and in “Point-Counterpoint,” two experts discuss the pros and cons of remittances—funds repatriated by migrant workers to family and friends back home. “Back to Basics” gives a primer on international trade.

Developing countries -- Finance -- Periodicals. --- Economic assistance -- Periodicals. --- Economic assistance. --- International finance -- Periodicals. --- International Finance --- Finance --- Business & Economics --- Exports and Imports --- Foreign Exchange --- Labor --- Macroeconomics --- Environmental Economics --- Climate --- Natural Disasters and Their Management --- Global Warming --- Fiscal Policy --- Financial Crises --- Environmental Economics: General --- International economics --- Currency --- Foreign exchange --- Climate change --- Labour --- income economics --- Exchange rate arrangements --- Financial crises --- Fiscal stimulus --- Remittances --- Climatic changes --- Fiscal policy --- Poverty --- United States --- Income economics

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For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Developing countries -- Finance -- Periodicals. --- Economic assistance -- Periodicals. --- International finance -- Periodicals. --- International finance. --- Investments: Energy --- Labor --- Macroeconomics --- Industries: Energy --- Energy: General --- Employment --- Unemployment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Education: General --- Fiscal Policy --- Macroeconomics: Production --- Labour --- income economics --- Investment & securities --- Petroleum, oil & gas industries --- Civil service & public sector --- Oil --- Education --- Civil service --- Oil production --- Natural gas sector --- Petroleum industry and trade --- Fiscal policy --- Financial services industry --- United States --- Income economics

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'Wising Up to the Costs of Aging' looks at how falling fertility and rising life expectancy have combined to threaten the ability of many countries to provide a decent standard of living for the old without imposing a crushing burden on the young. In our lead article, Ronald Lee and Andrew Mason say that while population aging in rich industrial countries as well as in some middle- and lower-income countries will challenge public and private budgets in many ways, a combination of reduced consumption, postponed retirement, increased asset holdings, and greater investment in human capital should make it possible to meet this challenge without catastrophic consequences. Neil Howe and Richard Jackson publish a fascinating ranking of which countries are best and worst prepared to meet the needs of the growing wave of retirees. We also have articles on a broad range of current topics, including Middle East unemployment, the economic repercussions of the earthquake and devastating tsunami in Japan, and banking in offshore financial centers such as the Cayman Islands. Carmen Reinhart and Jacob Kirkegaard look at how governments are finding ways to manipulate markets to hold down the cost of financing huge public debts, and, in Straight Talk, the IMF’s Min Zhu talks about the long-term challenges now facing emerging markets. Prakash Loungani speaks to Nobel Prize winner George Akerlof, and we discuss with three other laureates-Michael Spence, Joseph Stiglitz, and Robert Solow-what the global economic crisis has taught us. Back to Basics explains economic models, and Picture This highlights the great variations in the cost of sending money back home.

Developing countries -- Finance -- Periodicals. --- Economic assistance -- Periodicals. --- International finance -- Periodicals. --- International finance. --- Banks and Banking --- Labor --- Macroeconomics --- Public Finance --- Demography --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Debt --- Debt Management --- Sovereign Debt --- Interest Rates: Determination, Term Structure, and Effects --- General Financial Markets: General (includes Measurement and Data) --- Foreign Exchange --- Population & demography --- Finance --- Labour --- income economics --- Public finance & taxation --- Currency --- Foreign exchange --- Public debt --- Population aging --- Debts, Public --- Interest rates --- Financial services industry --- United States --- Income economics