Opening its doors: India's emergence on the global stage - Jerald Schiff -- - Is economic growth leaving some states behind? - Catriona Purfield -- - Trade and financial openness - Renu Kohli and Michael Wattleworth -- - Maintaining competitiveness in the global economoy - Catriona Purfield -- -...

In the past few years, India has emerged as a global economic power. It is one of the world’s fastest-growing economies, the leading outsourcing destination, and a favorite of international investors. But even with India’s impressive recent achievements, the country continues to face...

Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global aging pressures using the IMF's Global Fiscal Model (GFM). The results suggest...

This paper undertakes a rigorous analysis of the effects of policies to respond to the looming demographic pressures in Europe and elsewhere. We examine the impact of fiscal adjustment by itself, and when pursued in combination with tax, labor and product market reforms, using the IMF's Global...