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Romain Duval on Rising Market Power

Romain Duval on Rising Market Power

FromIMF Podcasts


Romain Duval on Rising Market Power

FromIMF Podcasts

ratings:
Length:
21 minutes
Released:
Mar 18, 2021
Format:
Podcast episode

Description

Corporate market power has been on the rise in recent decades, but a new IMF study shows the pandemic has strengthened price markups for dominant firms and increased the concentration of revenues among the biggest players in sectors such as technology and pharma. The Brookings Institution and Bruegel hosted a conversation with Kristalina Georgieva, IMF Managing Director, U.S. Senator Amy Klobuchar (D-Minn.), and Margrethe Vestager, Executive Vice President of the European Commission, to talk about the research and discuss policy responses. In this podcast, lead author Romain Duval says a further rise in corporate market power would stifle innovation, hold back wage growth, and be a drag on the economic recovery. Romain Duval is Assistant Director in the IMF Research Department. Read the Blog at https://blogs.imf.org/ Watch the webcast at https://www.brookings.edu
Released:
Mar 18, 2021
Format:
Podcast episode

Titles in the series (100)

Listen to the World's top economists discuss their research and deconstruct global economic trends.