By 2035, the European Union (EU) wants all new cars bought in its borders to be electric vehicles (EVs).
New IMF research quantifies the tradeoffs between the shift to EVs and key economic outcomes:
#EVs
#ElectricVehicles
After the pandemic, inflation surged across the global economy. Prices for goods peaked faster and higher than those for services. Our latest research explores this episode and details the important lessons it offers for central banks.
The world remains vulnerable to future shocks after weathering successive crises. Discover how the IMF is providing the lending, policies, and advice needed to sustain recovery.
Read the 2024
#IMFAnnualReport
:
Ukrainian refugees seem to have been integrated into employment faster than previous refugees. This reflects tight labor market conditions in Europe and the fact that the temporary protection scheme allowed them to look for work almost immediately:
To improve output trends amid rapidly aging populations and tight labor markets, 🇪🇺 governments need to focus on integrating migrants into the labor market and to make sure the supply of public services and amenities keeps up with the population increase:
What will the future look like? At the IMF, we see a world filled with opportunity and resilience, with an economy that can work for everyone. But for that world to exist, we need to solve today's challenges. Join us next week for the
#IMFmeetings
.
Higher
#immigration
of non-EU citizens into the
#EU
, driven largely by refugees from
#Ukraine
, could have a positive effect of potential output in the range of 0.2-0.7% by 2030.
@fgcaselli
, A Gloe Dizioli & F Toscani
@IMFinEurope
Immigration into the EU accelerated with Russia’s war in Ukraine, reaching a historical high of about 6.5 million in 2022. Our new blog in
@cepr_org
’s
@voxeu
discusses the macroeconomic implications of this immigration surge for EU and euro area countries:
Facing global challenges like climate change and digital transformation requires cooperation. The IMF is at the forefront of this effort.
Explore more in the
#IMFAnnualReport
:
By 2035, the European Union (EU) wants all new cars bought in its borders to be electric vehicles (EVs).
New IMF research quantifies the tradeoffs between the shift to EVs and key economic outcomes:
#EVs
#ElectricVehicles