IMF chief Christine Lagarde spoke last week at the American Enterprise Institute in Washington, DC. She warned global policymakers that they need to take steps now to spur productivity growth.
A recent study found 12 million refugees are living in just 10 of the world’s 193 countries. Those 10 countries have a combined GDP of less than 2.5% of the world’s total, creating a highly unstable situation. We look at why the burden of hosting refugees is unequally distributed, and we explore the real economic effects of hosting refugees.