Fiscal Monitor October 2025: "Spending Smarter: How Efficient and Well-Allocated Public Spending Can Boost Economic Growth"

We invite you to join a webinar on the Fiscal Monitor October 2025: "Spending Smarter: How Efficient and Well-Allocated Public Spending Can Boost Economic Growth" on Monday 27 October 2025.

Amid slow global growth and rising debt, governments must spend smarter. The Fiscal Monitor shows that reallocating spending toward infrastructure and human capital, and adopting best-efficiency practices, can significantly boost long-term output. Strengthening institutions and reforming pensions, health, and public wages are crucial to create fiscal space for growth-enhancing investments.

This webinar will be presented by Davide Furceri (Division Chief, Fiscal Affairs Department at IMF and CEPR Fellow) and moderated by Antonio Fatás (Professor of Economics at INSEAD and CEPR Vice President and Fellow).

Moderator:

Antonio Fatás
Professor of Economics at INSEAD and CEPR Vice President and Fellow

Antonio Fatás is the Portuguese Council Chaired Professor of Economics at INSEAD, an international business school with campuses in Fontainebleau (France) and Singapore. He is also a Senior Policy Scholar at the Center for Business and Public Policy at the McDonough School of Business (Georgetown University, USA), Vice President and Research Fellow at the Centre for Economic Policy Research (London, UK) and a Senior Research Fellow at the Asian Bureau of Finance and Economic Research (ABFER, Singapore) He received a Masters and Ph.D. in Economics from Harvard University (Cambridge, MA, USA). He has also worked as an External Consultant for the International Monetary Fund, the World Bank, the OECD and the European Commission. He was the Dean of the MBA programme at INSEAD from September 2004 to August 2008. His research covers areas such as the macroeconomic effects of fiscal policy, the connections between business cycles and growth and the effects of institutions on macroeconomic policy and has published in academic journals such as Quarterly Journal of Economics, Journal of Monetary Economics, Journal of Economic Growth, Journal of Money, Banking and Credit, and Economic Policy.

Presenter:

Davide Furceri
Division Chief, Fiscal Affairs Department at IMF and CEPR Fellow

Davide Furceri is the Division Chief of the Fiscal Policy and Surveillance Division within the Fiscal Affairs Department of the IMF. Previously, he served as the Mission Chief for Cambodia and Brunei and as Deputy Division Chief in the Asia and Pacific Department. His prior positions at the IMF include roles in the Research Department and the Middle East and Central Asia Department. Furceri has published extensively in policy-oriented and prominent academic journals—such as American Economic Journal: Macroeconomics, Review of Economics and Statistics and Journal of the European Economic Association—on various topics, including macroeconomics, public finance, international macroeconomics, and structural reforms. He is a highly cited economist, with nearly 20,000 citations in scholarly journals. He is ranked in the top 1 percent of economists, according to RePEc. His work has also gained significant attention in the financial press.