Economist Podcasts Make the world’s money go ‘round: a bunged-up IMF
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Apr 13, 2023 
Kerry and Richmond Jones, finance and economics writers for The Economist, dive into the complexities of the IMF's stagnant lending despite its cash reserves. They discuss how China’s lending practices threaten the IMF's relevance. Robert Guest, the deputy editor, sheds light on the toll of climate change on Latin American agriculture, revealing struggles faced by farmers in Brazil and Argentina. The conversation also touches on the intriguing dynamics of the 'talented jerk' in the workplace, exploring their impact on team morale.
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Climate Change Impacts on Latin American Farmers
- Climate change, with high temperatures and drought, affects Latin American farmers.
- A drought in Argentina, though likely not directly caused by climate change, was exacerbated by it.
Impact on Global Food Supply
- Climate change impacts food supply as Latin American countries are major exporters.
- The Inter-American Development Bank predicts lower agricultural output by 2050 due to climate change.
Uneven Impacts across Latin America
- The Andean countries and hotter, equator-near countries will be hit hardest by climate change.
- Maize yields in Honduras are expected to decrease, impacting subsistence farmers and urban poor.
