Podcasts about fiscal affairs department

Countries across Europe and the United States have witnessed a significant surge in government debt and interest rates in the aftermath of the Covid-19 pandemic. Join us as we engage in a conversation with Vítor Gaspar, Director of the IMF's Fiscal Affairs Department, about possible stability risks confronting government finances and the need to manage these risks.

In 2023, global debt hit a new record high at more than 307 trillion dollars. That led UN Secretary General Antonio Gutteres to warn that more than 3.3 billion people - almost half the world's population - are now living in a country where money spent on debt repayments outstrip that spent on health and education. So what can be done to solve the world's debt issues? On this edition of The Agenda, Juliet Mann speaks to Situmbeko Musokotwane - Minister of Finance of Zambia, Vitor Gaspar, Director of the Fiscal Affairs Department at the IMF and Michael Pettis, Professor of Finance at Peking University's Guanghua School of Management

New Zealand's carbon pricing system, the Emissions Trading Scheme, is a central tool in the country's climate change policy. Industries covered by the ETS must give the government a carbon unit for each tonne of emissions they produce. But the ETS has come under scrutiny after the government declined to follow Climate Commission advice late last year, to take action to keep the price of carbon units sufficiently high. The price plunged from nearly $90 to below $40 last month. After the government announced proposed changes to the ETS a fortnight ago, broadly in line with the Climate Commission's advice, the unit price recovered somewhat, to around $57 dollars. How do market based carbon pricing schemes work around the world ? Ian Parry is an international expert on climate mitigation strategies including carbon markets as Principal Environmental Fiscal Policy Expert in the IMF's Fiscal Affairs Department in Washington DC, and about to visit New Zealand.

The Nigerian government has been urged to save up on oil revenues as fears of a global food shock rise.The IMF Divisional Chief, Fiscal Affairs Department, Paulo Medas, noted that while Nigeria has benefited from higher oil revenues, they haven't seen an improvement in the deficits as we hoped part because of the large energy subsidies, but also other issues with the production of oil and other pressures on the budget.Director of the Fiscal Affairs Department at the IMF, Vitor Gaspar, noted that 19 of the 35 low-income countries in Africa are in debt distress as more than 120 million people on the continent do not have enough food to eat.

Dr. Vito Tanzi was a Professor and Economic Chair at American University, director for over 20 years of the Fiscal Affairs Department at the International Monetary Fund, and Undersecretary for Economy and Finance in the Italian Government. He is the honorary President of the International Institute of Public Finance (IIPF) in Munich, Germany. Holding a Ph.D. from Harvard University, his latest book is titled Fragile Futures: The Uncertain Economics of Disasters, Pandemics, and Climate Change. 

Vincent Tang is an Economist in the Fiscal Affairs Department at the IMF, working on Public Financial Management, Gender Budgeting and macro-fiscal policy. He was previously Head of Fiscal Economics and Growth Economics at Her Majesty's Treasury in the UK. He has also worked at the UK's Department for International Development (DFID) and Department for Education, and holds an MPhil in Economics and BA in Economics and Physics from the University of Cambridge.https://blogs.imf.org/bloggers/vincent-tang/

In this episode, we will have a conversation with Katherine Baer, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund. Katherine was the pioneer of the virtual TADAT assessments, which started with Colombia in July 2020, exactly a year ago. Today she will share her experience in the Colombian TADAT assessment.

July 16, 2021--This week On Politics: A Love Story, host Bob Bushansky will be speaking to Deputy Director of the Fiscal Affairs Department at the International Monetary Fund, Micheal Keen and Professor of Economics at the University of Michigan, Joel Slemrod about their new book, "Rebellion, Rascals, and Revenue: Tax Follies and Wisdom Through the Ages," and taxes.

Summary: We sit down with Michael Keen, Mick as we affectionately call him, during his last week before he retires as Deputy Director of the Fiscal Affairs Department at the International Monetary Fund. Mick is a renowned economist of international stature and repute. Before joining the Fund, he was Professor of Economics at the University of Essex and visiting Professor at Kyoto University. He is a prolific writer and author on economic and fiscal issues and renowned author. He has served on various international editorial boards and was awarded the CESifo-IIPF Musgrave prize in 2010. He was, just before retiring, the TADAT line manager. He shares with us some insights and wisdom from his career of working in the taxation domain for over 26 years.

Welcome to the third episode in the Gender and Revenue Administration Podcast Series. A special collaborative series by the International Monetary Fund's Fiscal Affairs Department and the TADAT Secretariat. This is Wofai Ibiang from the TADAT Secretariat. The first two episodes featured leaders in Tax and Customs' Administrations who shared their views and strategies on how to seek gender equity in their organizations. This episode is moderated by Ms. Vicki Perry, Deputy Director, Fiscal Affairs Department of the IMF, with guests Ms. Deborah Jenkins, Deputy Commissioner, Small Business at the Australian Taxation Office (ATO), and Ms. Doris Akol, Senior Policy and Engagement Advisor for the International Center for Tax and Development (ICTD)'s DIGITAX program. Ms. Jenkins shares her perspective on the role of gender at the ATO and how the Australian government's clear commitment has set the country as one of the leaders in gender equality. Ms. Akol shares insights regarding the facilitation of gender equality in Uganda. Both speakers highlight pragmatic steps that countries can adopt towards improving gender equality, especially in tax administrations.

Jim Paulsen, The Leuthold Group Chief Investment Strategist, says the Reddit revolt is another illustration of the impact and power of technology. Vitor Gaspar, IMF Director of Fiscal Affairs Department, says the U.S. has ample room for additional fiscal stimulus. Hemi Tewarson, Duke-Margolis Center for Health Policy Visiting Senior Policy Fellow, discusses efforts to improve the vaccine rollout. Mariana Mazzucato, UCL Professor in the Economics of Innovation & Public Value and Author of "Mission Economy: A Moonshot Guide to Changing Capitalism," discusses the new rules and myths of capitalism.

Jim Paulsen, The Leuthold Group Chief Investment Strategist, says the Reddit revolt is another illustration of the impact and power of technology. Vitor Gaspar, IMF Director of Fiscal Affairs Department, says the U.S. has ample room for additional fiscal stimulus. Hemi Tewarson, Duke-Margolis Center for Health Policy Visiting Senior Policy Fellow, discusses efforts to improve the vaccine rollout. Mariana Mazzucato, UCL Professor in the Economics of Innovation & Public Value and Author of "Mission Economy: A Moonshot Guide to Changing Capitalism," discusses the new rules and myths of capitalism. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

How are countries’ tax systems adjusting to address the COVID-19 crisis?This episode addresses the impact of COVID-19 on countries’ revenue administrations, tax policy and legal frameworks and provides insights into how the Fiscal Affairs Department of the International Monetary Fund is responding to requests for support from member countries.  Our guests continue to discuss the challenges of the crisis as well as ways to prepare for recovery.

COVID-19 has changed the lives of many in the world. How are we moving forward?In this episode, the Fiscal Affairs Department’smanagement explains adjustments to this emerging environmentwhilecontinuing to provide support to its members despite not being able to travel.Our guests discuss the challengesof the crisis andhow they are being addressed.

As the COVID-19 pandemic unfolds around the world, emergency government spending on things like health care and employment, as well as tax policy, are preserving lives and livelihoods. In this podcast, Vitor Gaspar, Director of the IMF’s Fiscal Affairs Department, says governments should do whatever it takes, but to keep the receipts. Gaspar oversees the Fiscal Monitor, and the latest issue analyses the fiscal implications of the global pandemic. Countries have spent about $8 trillion so far and debt and deficits are on the rise. Gaspar says this is money well spent, but governments will need to be transparent and accountable for how they used taxpayer dollars to contain the pandemic and limit the economic damage. You can read Gaspar’s blog and others about the global impact of the pandemic at Blogs.imf.org TRANSCRIPT

Signe Krogstrup (Danmarks Nationalbank), Heron Belfon (Jubilee Caribbean), Irene Monasterolo (Vienna University of Economics and Business), Paolo Mauro (IMF), Ulrich Volz (SOAS Centre for Sustainable Finance). The SOAS Centre for Sustainable Finance and the Bretton Woods Project host a discussion at the International Monetary Fund (IMF) as part of the World Bank Group and IMF Annual Meetings’ Civil Society Policy Forum. This session will explore the IMF’s work on climate since it was identified by the Fund as an ‘emerging issue’ in 2015, including looking at what steps the Fund has taken thus far in the areas of research and policy. The panel will also discuss the Fund’s role with respect to the looming climate crisis, focusing on the already-existing impact of climate change on climate vulnerable countries’ debt profiles, as well as the threat to global macroeconomic stability presented by undisclosed climate risks. Panellists included Signe Krogstrup, the Assistant Governor and Head of Economics and Monetary Policy at Danmarks Nationalbank, the Danish central bank; Heron Belfon, the Director of Jubilee Caribbean; Irene Monasterolo, Assistant Professor of Climate Economics and Finance at Vienna University of Economics and Business; and Paolo Mauro, the Deputy Director of the IMF’s Fiscal Affairs Department. The discussion was chaired by Ulrich Volz, the Founding Director of the SOAS Centre for Sustainable Finance. Speakers: Signe Krogstrup (Danmarks Nationalbank), Heron Belfon (Jubilee Caribbean), Irene Monasterolo (Vienna University of Economics and Business), Paolo Mauro (IMF), Ulrich Volz (SOAS Centre for Sustainable Finance). Organiser: Centre for Sustainable Finance, Brettonwoods Project Released by: SOAS Economics Podcast

In Episode 1 of the TADAT Podcast, Mick Keen, Deputy Director of the Fiscal Affairs Department of the International Monetary Fund (IMF), and Doris Akol, Commissioner General of the Uganda Revenue Authority (URA), explore the origins of TADAT and argue that many principles of tax administration are universally agreed, so TADAT, which focuses on outcomes, can be applied to any country, regardless of region or income level.   

The use of digital technologies is transforming how tax administrations operate, helping to improve efficiency and service delivery. A striking example has been Peru's adoption of electronic invoicing, which allows the automatic transfer of billing information between firms and the tax authority. Drawn by its potential to strengthen tax compliance and reduce costs, Peru is among more than 50 countries around the world to have implemented e-invoicing and many others are preparing to follow suit. IMF economists Salma Khalid and Matthieu Bellon have been studying the impact of Peru's mandatory e-invoicing reform that started back in 2014. Their research paper will be published this fall. Salma Khalid is an economist in the Western Hemisphere Department and Matthieu Bellon is an economist in the Fiscal Affairs Department at the IMF.

International corporate tax avoidance is a growing concern for both advanced economies and low-income countries. The changing nature of the global economy–notably increasing digitalization, in some cases, is making it easier for firms to shift profits to low-tax countries. Michael Keen is a Deputy Director in the IMF’s Fiscal Affairs Department, and in this podcast he says the international tax system is under unprecedented stress. Keen was a lead author of a recent IMF policy paper that sets out the current state of the international corporate tax system and explores ways to address some of its shortcomings.

When it comes to environmental policies, Ian Parry argues none are more effective than carbon taxes. Parry, an expert on fiscal policy and climate change at the IMF, says carbon taxes promote a full range of responses for reducing emissions–like switching from coal to clean generation fuels, reducing the demand for electricity, transportation fuels, and so on and can be administratively straightforward to implement. Parry is author of several research papers on carbon taxation and his recent article What Is Carbon Taxation? is published in the June 2019 edition of Finance and Development Magazine. Ian Parry is the principal environmental fiscal policy expert in the IMF’s Fiscal Affairs Department.

On the occasion of the release of the International Monetary Fund's Fiscal Monitor, Brendan talked to Vitor Gaspar, who runs the fund's Fiscal Affairs Department. Mr Gaspar, formerly of the Banco de Portugal, the European Commission and the European Central Bank, drew a distinction between "good" and "bad" spending. He also argued that a "competitive" economy isn't just an economy that pays low wages, and threaded a fine needle on whether Europe needs more infrastructure investment. And he responded to the contention by his friend Olivier Blanchard, former chief economist of the IMF, that debt isn't necessarily always bad. See acast.com/privacy for privacy and opt-out information.

Over the past few decades, the amount of "prime age men" that participate in the labor force has been decreasing drastically. In this episode, hosts Peter Cappelli and Dan O'Meara talk with Ari Binder to find out why.Ariel J. Binder is a PhD Candidate in the Department of Economics and Pre-Doctoral Trainee at the Population Studies Center at the University of Michigan. He conducts research in the areas of labor economics, family economics and economic demography. His doctoral dissertation investigates relationships between family processes and inequality in the United States labor market. One chapter focuses on the changing nature of American family structure and its contribution to rising inequality in labor-force participation and earnings rate between more- and less-educated men. Other chapters study gender norms within the household, how they are transmitted across generations, and how they contribute gender earnings inequality.Before beginning his graduate studies, Ariel worked as a Research Assistant in the Fiscal Affairs Department of the International Monetary Fund, in Washington, DC. Additionally, he holds a B.A. in Economics and Mathematics from Williams College. In his spare time, he enjoys cooking, playing sports and hiking.Read Ariel Binder's Study, The Declining Labor Market Prospects of Less-Educated Menhttps://www.nber.org/papers/w25577 See acast.com/privacy for privacy and opt-out information.

For many countries, broadening access to basic services like education and healthcare is fiscally daunting. Economies in developing countries are often informal for the most part, making it difficult for governments to collect the taxes that ultimately fund these programs. In this podcast, IMF economist David Coady says good policy decisions will help countries find the resources they need to strengthen their social safety nets. Coady is a social spending expert in the IMF’s Fiscal Affairs Department, and author of Creating Fiscal Space featured in the December 2018 edition of Finance and Development Magazine. David Coady heads the Expenditure Policy division in the IMF’s Fiscal Affairs Department.

Co-hosted by the Tax and Transfer Policy Institute and the Development Policy Centre. As Governments expanded their activities over the years, pushing spending from around 10 per cent of GDP at the beginning of the last century to the current levels of 30 to 50 per cent of GDP, while increasing intervention through regulations, they tended to lose much of their ability to monitor well what they did. This led to problems of corruption, inefficiency, rent seeking, cronyism, and generally less equitable results in terms of economic results and income distribution. Professor Vito Tanzi will present and discuss the challenge of complexity in governments and markets in terms of tax, spending and regulation. Vito Tanzi obtained his PhD in Economics from Harvard University and was subsequently a Professor at American University before becoming head of Tax Policy in the International Monetary Fund(IMF) from 1974 to 1981, and Director of the IMF’s Fiscal Affairs Department from 1981 to 2000. He was State Secretary for Economy and Finance in the Italian Government and Senior Consultant to the Inter-American Development Bank. He is recipient of numerous awards and honours and has published widely on public finance, tax, expenditure and regulation for developed and developing countries. Publications include Public Spending in the 20th Century (Cambridge U Press, 2000) with Ludger Schknecht; Taxation and Latin American Integration (Harvard University, 2008); Peoples, Places and Policies: China, Japan and Southeast Asia (NY: Jorge Pinto Books, 2008) and Government versus Markets (Cambridge University Press: 2011). Government versus Markets was also published in China and in 2014 was chosen as one of the 8 most important financial books of the year. He has also written numerous articles on tax and globalisation, fiscal termites, corruption and the shadow economy. Following the keynote speaker, an In Conversation panel discussion will be held with Vito Tanzi, Miranda Stewart – Tax and Transfer Policy Institute, Roger Bradbury – National Security College and Stephen Howes – Development Policy Centre.

Resources for the Future’s Center for Climate and Electricity Policy and the Fiscal Affairs Department of the International Monetary Fund convened a panel of leading economic experts in fiscal and environmental policy to discuss the role a carbon tax might play in coming debates about how to reform the U.S. tax code. Billy Pizer, an associate professor of public policy, economics, and environment at Duke University’s Sanford School of Public Policy and a faculty fellow at Duke’s Nicholas Institute for Environmental Policy Solutions, was among the panelists.