Ian Parry: A Carbon Tax for a Taxing Problem
IMF Podcasts20 Tammi 2020

Ian Parry: A Carbon Tax for a Taxing Problem

Without major efforts to reduce the accumulation of carbon emissions in the atmosphere, future generations will inherit a much warmer planet with risks of dangerous climate events, higher sea levels, and destruction of the natural world. In this podcast, economist Ian Parry makes the case for carbon taxation as the most effective way to nudge people towards cleaner fuels and to encourage them to adopt more efficient appliances or lower emission vehicles. But while convincing people to buy electric cars and more efficient appliances is important, the largest CO2 emitting countries need to work together to make a real dent in global greenhouse gas emissions. That, Parry says, is proving to be difficult. Parry's latest article Putting a Price on Pollution is published in the December 2019 edition of Finance and Development Magazine.

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Taxing Bad Habits: Christoph Rosenberg

Taxing Bad Habits: Christoph Rosenberg

While it is true that death and taxes are unavoidable, good tax policies can help delay the inevitable. So-called sin taxes on alcohol, tobacco, sugar, and other harmful products can raise revenues an...

22 Huhti 19min

Amadou Sy on Why Africa is Keeping its Debt Closer to Home

Amadou Sy on Why Africa is Keeping its Debt Closer to Home

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly Indebted Poor Countries (HIPC) Initiative. However, surging i...

12 Maalis 17min

The Debt Reckoning: Rodrigo Valdés and Era Dabla-Norris

The Debt Reckoning: Rodrigo Valdés and Era Dabla-Norris

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are stretched thin, and the days of cheap borrowing that allowe...

2 Maalis 25min

Johan Norberg on What Makes and Breaks Golden Eras

Johan Norberg on What Makes and Breaks Golden Eras

The most prosperous of civilizations were the most open. The Romans, for example, expanded their empire by integrating the populations they conquered, creating a melting pot of new ideas. Johan Norber...

5 Helmi 21min

Enrico Letta: Harnessing Europe's Single Market

Enrico Letta: Harnessing Europe's Single Market

There is strength in numbers, and the idea of European integration through a single market was to capitalize on the EU as a whole. However, the single market is a product of the early 90s, and EU memb...

28 Tammi 22min

Claudia Sahm on how Private Data can Augment Official Statistics

Claudia Sahm on how Private Data can Augment Official Statistics

While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using private data to get around their limitations. Claudia Sahm is a fo...

18 Joulu 202521min

Governor Chang Yong Rhee on Bank of Korea's Innovative Approach

Governor Chang Yong Rhee on Bank of Korea's Innovative Approach

Price stability is the main goal for central banks, and monetary policy is how they achieve it. However, societies are always in flux, and central bankers who pay close attention to emerging trends ar...

10 Joulu 202520min

Pablo Peña on why AI is No Match for Human Capital

Pablo Peña on why AI is No Match for Human Capital

While artificial intelligence continues to outperform our human abilities in many areas, Pablo Peña believes critical thinking and curiosity are what will keep us in the driver's seat. AI can only dra...

2 Joulu 202518min

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