Bilateral Trade Balances under Focus

Location: Cedar Hall, HQ1-1-660

Questions

SESSION 1: MIGRATION: THE IMPACT ON COUNTRIES OF ORIGIN AND RECEIVING COUNTRIES

Migration is a phenomenon that attracts a lot of attention from the media, politicians, and the general public. We review the literature to distinguish myths from reality and see what we really know about how migration affects the labor markets, budgets, income inequality, and other aspects in both receiving and origin countries. We also look at the policies that countries can adopt to increase benefits and minimize the costs of migration.

Speakers


Dmitriy Rozhkov Fiscal Affairs Department, IMF		Magali Pinat Fiscal Affairs Department, IMF

Bilateral trade balances are largely driven by macroeconomic factors, rather than bilateral obstacles to trades. At the same time, an increase in bilateral tariffs would nonetheless create significant global spillovers. Reducing multilateral trade barriers would benefit trade and macroeconomic outcomes globally.