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Climate and Cross-Border Migration
Our work is positioned at the intersection of migration and climate change—two key forces shaping the economic outlook of many countries. The analysis explores: (i) the relative importance of origincountry vs destination-country factors in explaining migration patterns; (ii) importance of climate disasters as driver of cross-border migration; and (iii) the importance of climate-driven migration on the overall impact of climate on macroeconomic outcomes. It arrives at the following main findings. First, both origin-country and destination-country contribute to explaining migration outflows from EMDEs, although only the global shocks seem important for advanced economies. Second, climate dis...
Reconsidering Reparations
A pathbreaking book about world history, global justice, and the climate crisis—featuring a new preface by the author. “Coursing with moral urgency and propelled by brilliant prose, this is more than argument. It's how we build the power needed to win.” —Naomi Klein A clear, new case for reparations as a “constructive,” future-oriented project that responds to the weight of history’s injustices with the equitable distribution of benefits and burdens. Centuries ago, Táíwò explains, European powers engineered the systems through which advantages and disadvantages still flow. Colonialism and transatlantic slavery forged schemes of injustice on an unprecedented scale, a world or...
The Laughing People
The Laughing People, translated from the award-winning Le peuple rieur, conveys the richness and resilience of the Innu while reminding us of the forces – old and new – that threaten their community. This memoir and tribute tells the tale of the very long journey of a very small nation, recounting both its joie de vivre and its crosses borne. Readers follow Serge Bouchard, a young anthropologist in the 1970s, as he arrives in Ekuanitshit (Mingan, Quebec) and comes to know its residents. His observations and questions document a community weathering yet another season of change – skidoos replace dogsleds and forests are bulldozed for prefabricated housing – while nonetheless defying e...
IMF Research Perspectives
IMF Research Perspectives: Spring/Summer 2021
Review of the Method of Valuation of the SDR
This paper provides the basis for the quinquennial review by the Executive Board of the method of valuation of the Special Drawing Right (SDR). The review covers the composition and weighting of the SDR currency basket, and the financial instruments used to determine the SDR interest rate. In the five-year period for this review (2017‒21), developments in key variables relevant for the SDR valuation suggest that there have been no major changes in the roles of currencies in the world economy. The countries and the currency union (euro area) whose currencies are currently included in the SDR basket remain the five largest exporters and their currencies continue to account for the majority o...
Yearbook of Muslims in Europe, Volume 7
Now in a new format with a more current and topical focus on a country level. While the strength of the Yearbook has always been the comprehensive geographical remit, starting with volume 7 the reports primarily concentrate on more specific and topical information. The most current research available on public debates, transnational links, legal or political changes that have affected the Muslim population, and activities and initiatives of Muslim organizations from surveyed countries are available throughout the Yearbook. At the end of each country report, an annual overview of statistical and demographic data is presented in an appendix. By using a table format, up-to-date information is q...
Inequality in a More Equal World—Labor Market Gender Gaps in St. Lucia
St. Lucia has enviably high female labor force participation rate and strikingly low participation gap vis-à-vis male. The latter is lower than OECD average and way below world average. Women are also more educated than men. Yet, using a micro dataset of St. Lucia Labor Force Survey over the period 2016-2021, our analysis points towards disproportionate effects of childcare on female participation and unemployment and a substantial gender gap in labor income for workers without higher education. Moreover, the income gap is not explained by observable worker characteristics. While the paper does not explore causal links, this unique feature of high female participation and, yet, considerable...
Returning Foreign Fighters: Responses, Legal Challenges and Ways Forward
This book, a follow-up publication to the 2016 volume Foreign Fighters under International Law and Beyond, zooms in on the responses that the international community and individual States are implementing in response to (prospective and actual) returning foreign fighters (FFs) and their families, focusing on returnees from Syria and Iraq to European countries. As States and international organisations are still ‘learning by doing’, the role of the academic community is to help steer the process by bridging the divide between international standards and their implementation at the national level and between security concerns and human rights law. Furthermore, the academic community can an...
Saudi Arabia
Saudi Arabia is recovering strongly from the pandemic-induced recession. Higher oil prices provide an opportunity for accelerating further the strong reform drive brought about under Vision 2030.
