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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 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 2009 Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
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 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 September 2011 |
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. |
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 Olivier Blanchard |
Cracks in the System The Economic Counsellor and Chief Economist of the IMF discusses what he thinks is needed to repair the damaged global economy. |
Finance & Development September 2011 Laurence Ball et al. |
Painful Medicine Although advanced economies need medium-run fiscal consolidation, slamming on the brakes too quickly will hurt incomes and job prospects. |
Finance & Development December 2010 Dao & Loungani |
The Tragedy of Unemployment Governments can do more to alleviate joblessness and its human costs. |
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 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 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 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 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 June 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
Finance & Development June 2011 |
Beyond Retirees How countries change their pension systems and whether they do it in tandem have major implications for global economic health. |
Finance & Development June 2009 Kose et al. |
Out of the Ballpark By any measure, the ongoing global recession is the deepest and the most synchronized of the postwar period |
Finance & Development December 2010 |
Stimulus Worked Without the quick and massive policy response, the Great Recession might still plague the United States. |
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 June 2011 |
Emerging Challenges Emerging markets must adapt to the new global reality by building on their economic success. |
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 2010 Kevin Cheng |
The Long Run Is Near France, like many advanced economies, confronts the expensive needs of a rapidly aging population |
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 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 June 2009 Berglof et al. |
A Tale of Two Crises Russia is still a resource-dependent economy that must diversify in a market-friendly way |
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 2011 Irena Asmundson |
A History of World Debt How public debt has changed since 1880. |
Finance & Development March 2009 Claessens & Kose |
What Is a Recession? The ongoing global financial crisis has been accompanied by recessions in many countries. It stands to become one of the longest and deepest recessions since the Great Depression of the 1930s. |
Finance & Development June 1, 2002 Emanuele Baldacci |
Financial Crises, Poverty, and Income Distribution How do financial crises affect income distribution and the poor? A recent IMF study shows that poverty rises and, in some cases, so does inequality -- underscoring the need for adequate and flexible safety nets, ideally in place before crises strike. |
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 December 2009 Jones & Keen |
Climate Policy in Hard Times Restoring economic growth after the global financial crisis need not thwart the fight against climate change |
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 March 2010 Berkmen et al. |
Differential Impact There's a reason why some countries were hit harder than others during the global crisis. |
On Wall Street December 1, 2009 Milton Ezrati |
Emerging Economies Are Even Better Than Advertised Not only have emerging markets resumed their place as leading engines of global growth, they have also followed monetary and fiscal policies that are much more prudent than those of the United States, Japan and most other developed nations. |
Finance & Development June 2009 Giovanni Dell'Ariccia |
Asset Price Booms: How Can They Best Be Managed? Not all booms are alike -- making the right call on which policies to deploy depends on how assets are held and who is exposed to a possible bust |
Finance & Development June 1, 2005 Peter Heller |
Back to Basics -- Fiscal Space: What It Is and How to Get It Although the term is new, the concept is not. It has long been an element of sound fiscal analysis. And the challenge of creating fiscal space is one that has always confronted governments and their advisors, including international financial institutions like the IMF. |
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. |
Finance & Development December 1, 2005 Carstens & Luis I. Jacome H. |
Taming the Monster How Latin America's central banks survived hyperinflation to become guardians of price stability. |
Finance & Development December 2011 Florence Jaumotte |
Fixing the Flaws in EMU The euro area's long-term survival requires a fundamental transformation of policymaking |
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 June 2010 Anoop Singh |
Asia Leading the Way Asia is moving into a leadership role in the world economy. |
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 December 2009 |
Inflation Drops to Negative Territory The global crisis has caused inflation rates to fall almost everywhere |
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 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 September 2010 Laurence J. Kotlikoff |
A Hidden Fiscal Crisis A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States |
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. |
The Motley Fool February 4, 2010 George Magnus |
The Bungee-Jump Recovery ... and the deadweight of sovereign debt. |