Olivier Blanchard

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as the effects of the financial crisis slowly diminish, another trend may come to dominate the scene, namely rising inequality. Though inequality has always been perceived to be a central issue, until recently it was not seen as having major implications for macroeconomic developments. This belief is increasingly called into question. How inequality affects both the macroeconomy, and the design of macroeconomic policy, will likely be increasingly important items on our agenda for a long time to come.

Olivier Blanchard World Economic Outlook April 2014

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Oliver Blanchard
Oliver Blanchard, IMF 98BlanchardWEO1 lg.jpg
Chief Economist of the International Monetary Fund
In office
1 September 2008 8 September 2015
Diplomatic posts
Preceded by Chief Economist of the International Monetary Fund
Succeeded by
Academic offices
Preceded by President of the American Economic Association
Succeeded by