The effects of copyright and patent laws on artistic creativity and technological innovation are gaining more and more significance in today’s economy driven to a large part by content. Economic historian Petra Moser uses data from 19th century Italian operas and world fairs to examine the economic implications of basic copyright and patent protection for innovators. In this podcast, Moser describes how Napoleon’s military victories in Italy in the late 1700s changed the copyright landscape and created an excellent model to study the effects on Italian opera composers. Petra Moser is an associate professor of Economics at New York University, and was invited by the IMF’s Institute for Capacity Development to present her research on the economic impact of creativity and innovation.
While sub-Saharan Africa has lagged behind the rest of the world in access to finance, some countries in the region are bucking the trend thanks to advancements in financial technology known as Fintech. Mobile technology has made sub-Saharan Africa the global leader in mobile money transfer services, helping provide financial services to millions previously off the formal financial grid. A new IMF study shows Fintech is emerging as a technological enabler, improving financial inclusion and serving as a catalyst for innovations in other sectors. In this podcast, economist Amadou Sy, says Fintech could be a real game changer for the region. Sy is an Advisor in the African Department at the IMF, and headed this new research on the impact of Fintech in Sub-Saharan African Countries.
Amadou Sy, is an Advisor in the IMF’s African Department.