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Stimulating skills is key to emerging markets growth

Location:

INT

Human capital will become as key to low-to-mid-income countries as it is for high-income ones

Taxing capital over income and spending needs momentum

Location:

INT

Wealth is more unequal than income; tackling property prices and tax is more crucial for some nations than others

Many middle-income states face a fragile recovery

Location:

INT

The G20 summit pledged vaccine equity to help low-and-middle-income nations, but not broader economic commitments

Middle East and North Africa face rising tax issues

Location:

MIDDLE EAST/NORTH AFRICA

Personal income tax take by regional governments is very weak due in part to the size of the informal economy

Flatlining incomes to slow African poverty alleviation

Location:

AF

Economic expansion is insufficient to provide for fast-growing populations

The looming pensions crisis requires policy attention

Location:

INT

Straining pension systems, 25% of people in high-income nations will be aged 65 or more by 2040, twice the share in 2000

COVID-19 threatens long fiscal shadow for US states

Location:

UNITED STATES

Due to COVID-19 business lockdowns, states’ projected tax incomes have fallen

Inequality will be more salient as Russians feel pinch

Location:

RUSSIA

Russia’s richest own much of the wealth while the majority are only just getting by

Weak long-run growth raises risks to the world economy

Location:

INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

Investing in people is key to a sustainable recovery

Location:

INT

The pandemic has damaged human and social capital; both are key to economic prospects but under-recorded in GDP accounts