Burgess COMMENTARY

Peter Burgess

Gmail Peter Burgess Your IMF Update: Others 2 messages NewContent@internationalmonetaryfund.org Wed, Sep 28, 2016 at 9:02 AM To: peterbnyc@gmail.com

New item in your series of interest: How to Assess Fiscal Implications of Demographic Shifts: A Granular Approach http://www.imf.org/external/pubs/ft/howtonotes/2016/howtonote1602.pdf This note presents a simple framework that can assist researchers in quantifying the effects of demographic changes resulting from population aging on government fiscal balances. It includes two country applications of the framework and an associated template. The note addresses several key questions: What are channels through which demographic changes could affect public finances? How can we quantify the fiscal impact of demographic changes? How can we tailor the assessment to country-specific circumstances?

How to Adjust to a Large Fall in Commodity Prices http://www.imf.org/external/pubs/ft/howtonotes/2016/howtonote1601.pdf This paper assesses empirically the role Chinese activity plays in global commodities markets. It shows that the strength of China’s economic activity has a significant bearing on commodity prices. But the impact differs across commodity markets, with industrial production shocks having a substantial impact on metals and crude oil prices, and less so on food prices

IMF now on Facebook: https://www.facebook.com/IMF

Check out the 2016 Annual Meetings: http://www.imf.org/external/am/2016/index.htm

IMF news and interviews: http://www.imf.org/external/pubs/ft/survey/so/home.aspx

The IMF's global economy blog: http://blog-imfdirect.imf.org/

F&D on Facebook: http://www.facebook.com/FinanceandDevelopment

Questions or comments about this email? Don't reply to the sender of this message. Instead, send a message through this form: http://www.imf.org/external/countrycontactus/contactus.aspx?WebMaster=true