Unknown file type. Enclosure URL IS: - http://www.imf.org/external/podcast/2013/Coady1.MP3
Summary: Fiscal policy—or the way a government taxes, spends and borrows money—can have a huge impact on reducing inequality. But according to a recent IMF study, that impact has been shrinking over the past decade, as governments scale back social benefits, and make income taxes less progressive.
