The 2009 global recession demonstrated, once again, the importance of crisis prevention as well as the critical need for preserving policy room so that emerging market and developing economies (EMDEs) can act when their economies are hit by shocks. And now, with the global growth outlook still...

Drawing on various macro- and micro-data sources, the authors present robust evidence of an inverted U-shaped relationship between female labor force participation and inequality. Overall, female labor force participation is found to have a strong and significant dis-equalizing impact in at...