IMF: Unemployment in emerging economies is set to rise this year
Unemployment is forecast to rise this year in emerging economies, especially in Latin America. The IMF explore the reasons and possible solutions.
Prakash Loungani is chief of the Development Macroeconomics Division in the IMF’s Research Department and was co-chair of the IMF’s Jobs and Growth working group from 2011-15. He is also an adjunct professor of management at Vanderbilt University’s Owen School, where he has taught in the Executive MBA program since 2001, and a Senior Fellow at OCP Policy Center.