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Finance & Development December 1, 2002 Keller et al. |
The Bottom Line Weaknesses in public and private sector balance sheets could be the sign of a crisis in the making. |
Finance & Development March 2009 Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
Finance & Development June 2010 Linda Yueh |
A Stronger China China can emerge from the crisis stronger if it increases domestic demand and promotes global integration. |
Finance & Development March 1, 2000 Claudio M. Loser & Martine Guerguil |
The Long Road to Financial Stability Most countries in Latin America and the Caribbean weathered the economic crises of the late 1990s better than expected, thanks to the policy reforms of the past two decades. Further reform is urgently needed, however, to put the region on a faster growth path and reduce its vulnerability to external shocks. |
Finance & Development September 1, 2000 Emine Gurgen |
Central Asia: Achievements and Prospects Although the five Central Asian countries in transition have made progress in moving to a market economy, they still have far to go and need to intensify their reform efforts. |
Finance & Development March 1, 2001 Alvin D.L. Hilaire |
Economic Stabilization in the Caribbean Barbados, Guyana, Jamaica, and Trinidad and Tobago simultaneously tackled serious economic difficulties in the early 1990s. The results of their adjustment programs demonstrate that fiscal reform, supported by other policies, may be the key to achieving a sustainable recovery... |
Finance & Development December 1, 2008 Charles Collyns |
The Crisis through the Lens of History The current financial crisis is ferocious, but looking at history shows the way to avoid another Great Depression. |
Finance & Development December 2010 |
Emerging Markets Come of Age These vibrant middle-income countries survived the global recession, but face bumps as they seek to solidify their place in the world economy. |
Finance & Development June 1, 2006 Charles Kramer |
Asia's Investment Puzzle Despite the recovery in Asia, lingering uncertainty appears to be holding back investment. |
Finance & Development June 1, 2006 Burton et al. |
Asia's Winds of Change The path that Asian countries have traveled to growth and prosperity in the past 50 years will remain relevant for the future -- the embrace of openness, the commitment to macroeconomic stability, and the drive to adapt and reform in response to changing circumstances. |
Finance & Development March 1, 2000 Pedro Pou |
Argentina's Structural Reforms of the 1990s Argentina experienced serious economic and financial difficulties in the 1980s. Hyperinflation in 1989-90 finally elicited the necessary political consensus for reform. Despite areas of concern, structural reforms implemented in the 1990s have set Argentina on the path to sustained growth. |
Finance & Development December 2010 Baldacci et al. |
Getting Debt under Control In dealing with the aftermath of the Great Recession, policymakers must pay attention to the mix of austerity policies. |
Finance & Development December 2009 Baldacci & Gupta |
Fiscal Expansions: What Works There is a firm link between the composition of fiscal policy and the length of a financial crisis. |
Finance & Development June 2010 Finger & Sadikov |
Lowering Public Debt Many countries have slashed their public debt ratios in the past, often thanks to macroeconomic conditions. They may be less lucky in the future. |
Finance & Development September 2010 Mark Horton |
How Grim a Fiscal Future? For most advanced economies, both the near term and the longer term are tight, but there are ways to ease budget pressures |
Finance & Development December 2009 Archana Kumar |
Crisis Contained Five leading Asian voices share their views on Asia's economic pain and recovery, and how there are no easy answers for coping with the region's future challenges. |
Finance & Development March 1, 2000 Eduardo Aninat |
Chile in the 1990s: Embracing Development Opportunities A review of Chile's recent economic performance shows that, overall, the 1990s were a period of vigorous and unprecedented expansion, with average annual GDP growth of 6.5 percent. While 1999 was a time of economic adjustment after the fallout of the Asian crisis, Chile is now ready to resume healthy growth in 2000 and beyond.. |
Finance & Development March 2009 Brad Setser |
The Shape of Things to Come Individual national decisions, not international summits, will remake the global financial system. |
On Wall Street June 1, 2009 Yarek Aranowicz |
All Disquieting on the Eastern Front The contagion in Central and Eastern Europe has been called the worst economic crisis since the collapse of communism. |
Finance & Development June 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
Finance & Development March 1, 2000 Jose Angel Gurria |
Mexico: Recent Developments, Structural Reforms, and Future Challenges In recent years, the Mexican government has implemented a series of economic reforms to strengthen the country's fundamentals and increase its ability to cope with external shocks. Because of the progress that has been made, the government is confident that Mexico will be able to leave recent crises behind and start the new millennium with a stable and growing economy. |
Finance & Development September 1, 2000 Stanley Fischer & Ratna Sahay |
Taking Stock Economic performance has differed widely among the transition economies. The best performers are countries that were the most committed to reform at the start and that have carried out reforms rapidly and consistently. |
Finance & Development September 2009 Carlo Cottarelli & Jose Vinals |
Looking Ahead Countries must begin now to devise economic strategies to accompany the recovery. |
Finance & Development December 1, 2008 Kang & Miniane |
Global Financial Turmoil Tests Asia As the global financial crisis spreads, how will Asia weather the storm? |
Finance & Development December 1, 2000 Dadush, Dasgupta, & Ratha |
The Role of Short-Term Debt in Recent Crises The 1990s witnessed a boom in short-term lending by international banks to developing countries that lasted until Asia's financial crisis erupted in 1997. By 1997, nearly 60 percent of all outstanding international bank claims on developing countries had a remaining maturity of less than one year. |
Finance & Development June 2009 Horton & El-Ganainy |
Back to Basics: What Is Fiscal Policy? What is fiscal policy? And, how can fiscal tools provide a boost to the world economy? |
Finance & Development March 1, 2001 Martin Muhleisen & Hamid Faruqee |
Japan: Population Aging and the Fiscal Challenge With Japan facing a demographic crisis, government finances--stretched to the limit to keep the economy afloat--have to cope with the rising strain on public pension and health systems. This article looks at the economic and fiscal costs of aging in Japan... |
Finance & Development June 2009 Cihak & Mitra |
Losing Their Halo Many countries in central and eastern Europe are finding it hard to adjust to the new economic reality |
Finance & Development March 2011 Mario Mesquita |
Great Expectations Brazil's economic success has raised the bar for that country, at home and abroad. |
Finance & Development December 2011 Eswar S. Prasad |
Role Reversal Emerging economies are less dependent on debt, less vulnerable to volatile investment sentiment, and are rethinking the role of capital flows |
Finance & Development March 2011 Nicolas Eyzaguirre |
Sustaining Latin America's Transformation Building on recent successes, Latin America now has a chance to raise its profile in the global marketplace. |
Finance & Development September 2011 Celine Allard |
More Europe, Not Less The euro area is learning from its debt crisis that it needs a more centralized approach to fiscal and financial policies. |
Finance & Development June 2010 Bakker & Gulde |
Searching for Stability Eastern Europe rode a decade-long boom into a serious bust and now must figure out how to restart growth on a more even keel. |
Finance & Development March 2009 Pisani-Ferry & Santos |
Reshaping the Global Economy The economic and financial crisis marks the end (for now) of a rapid expansion of globalization. |
Finance & Development December 1, 2002 Christian Mulder |
Assessing the Dangers Spotting vulnerability to financial risks is key to preventing crises. |
Finance & Development March 2010 Berkmen et al. |
Differential Impact There's a reason why some countries were hit harder than others during the global crisis. |
Finance & Development December 1, 2005 Singh & Collyns |
Latin America's Resurgence Latin America's recent resurgence amid continuing favorable external conditions provides another historic opportunity for the region to catalyze its considerable natural and human capital resources into sustained and higher growth. |
Finance & Development June 2010 Guillaume & Zytek |
Reducing the Staggering Costs of Cheap Energy Eliminating domestic energy subsidies is tricky, but oil-exporting countries that do so will see a clear payoff. |
Finance & Development September 2011 |
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. |
Finance & Development September 1, 2000 Robert A. Feldman & C. Maxwell Watson |
Central Europe: From Transition to EU Membership The Central European countries have made considerable progress with the transition to a market economy and now face the challenge of developing macroeconomic policy frameworks on the road to EU accession. |
Finance & Development September 1, 2005 Eswar S. Prasad |
Next Steps for China Why financial sector reform is a crucial element of a long-term economic growth strategy. |
Finance & Development March 2010 Henn & McDonald |
Avoiding Protectionism So far the world has resisted widespread resort to trade measures, but the hardest part may be yet to come. |
Finance & Development March 2009 |
Deep Impact Four countries -- Ukraine, Singapore, Burkina Faso, and Ireland -- confront the harsh and disruptive effects of the global economic downturn. |
Finance & Development December 2011 Abebe Aemro Selassie |
A Cushion for the Poor Plagued by high unemployment and closely tied to Europe, South Africa is struggling. |
Finance & Development September 2009 Francesco Giavazzi |
Growth after the Crisis If the world economy is to recover, a replacement must be found for the newly frugal U.S. consumer. |
Finance & Development June 2009 Eyzaguirre et al. |
Latin America: When Is Fiscal Stimulus Right? For some Latin American countries stimulus is appropriate during the global economic crisis. But for others the answer is less clear. |
Finance & Development March 1, 2001 |
Bulletin The Asian Crisis Four Years On... The New Basel Capital Proposal for Banks... IMF Reviews Financial Sector Assessment Program... etc. |
Finance & Development March 2011 Irena Asmundson |
A History of World Debt How public debt has changed since 1880. |
Finance & Development June 1, 2007 Zeti Akhtar Aziz |
Asia's Decade of Transformation The Asian crisis 10 years ago marked not a halt, but the start of a greater role for Asia in the global economy. Since the 1997 crisis, Asian countries have seized the opportunity to undertake significant restructuring and reforms and to strengthen the dynamism and resilience of their economies. |
Finance & Development September 1, 2000 Andrei Nesterenko |
The Modernization Challenge Facing President Putin Having established and strengthened basic market and democratic institutions during the 1990s, Russia became an emerging market country that badly needs a modernization breakthrough. How can the government of President Vladimir Putin attain this goal? |