Listen to the brightest minds in the field of economics and development discuss their latest research and deconstruct global economic trends. IMF Podcasts are also available on digital platforms such as iTunes, SoundCloud and Libsyn, and free to use for broadcasters, educators and institutions. 

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Partha Dasgupta on the Economics of Biodiversity

September 10, 2021

Partha Dasgupta's study on biodiversity shows much of the growth in the past 70 years has been at the expense of our natural assets. (photo: UK Treasury)

Nature is often missing in economic models, but in a study commissioned by the UK government, Partha Dasgupta examines the economic benefits of biodiversity and the costs of losing it. Dasgupta is Professor Emeritus of Economics at the University of Cambridge, and his 600-page study titled the Economics of Biodiversity: The Dasgupta Review sets out a framework for including Nature in our economic thinking and provides a guide for change through three broad, interconnected transitions. Professor Dasgupta published an article about his findings in the September edition of Finance and Development. In this podcast, he says humans are embedded in nature and cannot escape the biosphere through ingenuity.  Transcript

Partha Dasgupta is Professor Emeritus of Economics at the University of Cambridge and Fellow of St. John's College at Cambridge.

Andrew Steer: Fighting Climate Change with Innovation

September 3, 2021

Dr. Andrew Steer, head of the Bezos Earth Fund. Read his F&D article 

There's been a shift in the economic understanding of climate change of late. Climate action, once believed a trade-off to economic growth, is now seen by many economists as an opportunity to drive innovation and increase efficiency. After almost a decade at the World Resources Institute, Andrew Steer is now President and CEO of the Bezos Earth Fund, which has committed $10 billion toward supporting new technologies that help reduce our impact on nature. Rhoda Metcalfe sat down with Dr. Steer to talk about his recent article in Finance and Development magazine. In this podcast, he says philanthropy has a big role to play in addressing climate change.

Transcript

Dr. Andrew Steer is President and CEO of the Bezos Earth Fund.

Ruchir Agarwal: Chimpanzee Politics and Climate Change

August 31, 2021

The animal kingdom can teach us important lessons about ourselves and increase cooperation to fight climate change. (photo: Ruchir Agarwal )

When it comes to cooperation, humans and chimpanzees still have much in common. Perhaps that's not surprising given humans share over 98 percent of our DNA with chimps. But in a recent article in Finance and Development, economist Ruchir Agarwal argues the 2 percent genetic difference propels humanity’s success, but also its potential for disaster. In this podcast, Agarwal asks whether humans have evolved enough to escape “chimpanzee politics” and confront the greatest risk our species is facing—climate change.

Transcript

Read the article at IMF.org/fandd

Ruchir Agarwal is a Senior Economist in the IMF Office of the Managing Director.

Divya Kirti on the Economics of Climate Change

August 27, 2021

Insights from economics, and economic thinking have an important role to play in addressing climate change and mitigating its impact. (iStock by Getty Images/Alex Liew)

As climate change looms ever larger, most economists agree that a carbon tax would go a long way toward reducing emissions. But carbon taxes and related policies often face deep political constraints, and many are looking at sustainable investing as a way forward. Economist Divya Kirti is coauthor along with Dalya Elmalt and Deniz Igan of a working paper titled Limits to Private Climate Mitigation. In this podcast, Kirti talks about how such market forces could help make meaningful progress in addressing climate change.  Transcript

Read the paper

Divya Kirti is an Economist in the IMF Research Department.

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