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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 2010 Dao & Loungani |
The Tragedy of Unemployment Governments can do more to alleviate joblessness and its human costs. |
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 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 September 2011 |
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. |
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 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 March 2009 Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
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 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 June 1, 2005 |
Country Focus: Turkey Charts depicting the rapid and powerful economic recovery in recent years as well as issues that still need watching. |
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 2009 Hyun-Sung Khang |
Surviving the Third Wave After the financial and economic crises, a "third wave" is engulfing the labor market, leaving millions without work and changing the course of their lives. |
Finance & Development December 2010 |
Stimulus Worked Without the quick and massive policy response, the Great Recession might still plague the United States. |
Finance & Development September 1, 2006 Anthony Annett |
Reform in Europe: What Went Right? Successful economic and social reformers can offer valuable lessons for the rest of the EU. |
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 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... |
BusinessWeek October 29, 2009 Laura D'Andrea Tyson |
Jobs Now, Deficit Reduction Later The U.S. economy still needs fiscal stimulus. Attack the debt once demand returns. |
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 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 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 September 2010 Ceyda Oner |
Back to Basics: What Constitutes Unemployment? Earlier this year, the International Labor Office announced that global unemployment last year reached the highest level on record. More than 200 million people, 7 percent of the global workforce, were looking for jobs in 2009. |
CFO October 1, 2003 Ronald Fink |
Proceed with Caution Economist Philip Arestis warns that recent signs of revival are largely illusory. |
Finance & Development September 2010 Michel Camdessus |
By the Rule In France, a commission proposes a rule-based framework to set the country on a path to balanced budgets. |
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 |
On Wall Street December 1, 2012 Milton Ezrati |
Europe's Hidden Growth Agenda Amid Austerity Longer-term fundamental reform will redress underlying differences within Europe. |
Finance & Development March 1, 2003 Barnett & Ossowski |
What Goes Up... Why oil-producing states must husband their resources |
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. |
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 December 2011 Florence Jaumotte |
Fixing the Flaws in EMU The euro area's long-term survival requires a fundamental transformation of policymaking |
Knowledge@Wharton March 26, 2003 |
Europe's Budget Battles Argue for a Kinder, Gentler Fiscal Pact The euro's recent rise against the dollar disguises deepening strains in the fiscal foundations of the single European currency that argue for a rethink of the rules governing the finances of participating nations. |
BusinessWeek April 8, 2010 Peter Coy |
U.S. Economy: The Case for More Stimulus The worst thing about the uptick in hiring? It could undermine a second wave of federal spending that may be needed to stave off a double-dip recession. |
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 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. |
The Motley Fool July 19, 2010 Ilan Moscovitz |
This Is Killing the Recovery Why Washington won't fix the economy, and how it affects you. |
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 June 1, 2000 Rudiger Soltwedel, Dirk Dohse, & Christiane Krieger-Boden |
European Labor Markets and EMU Challenges Ahead The debate about European Economic and Monetary Union (EMU) has so far been dominated by questions of fiscal convergence and macroeconomic stability. Far less attention has been given to EMU's effects on labor markets, although labor market performance will be crucial in determining the long-term success or failure of EMU.... |
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 Anoop Singh |
Asia Leading the Way Asia is moving into a leadership role in the world economy. |
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 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 2011 Mario Mesquita |
Great Expectations Brazil's economic success has raised the bar for that country, at home and abroad. |
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. |
BusinessWeek April 14, 2011 David J. Lynch |
To Grow, a Country Must First Shrink? The idea of cutting government spending to spark a recovery lies at the heart of Paul Ryan's budget proposal. Here's how the evidence stacks up in other countries |
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. |
BusinessWeek June 9, 2011 Jennifer Ryan |
As Cameron Wields the Ax, Britain Cringes The Prime Minister's $130 billion spending-cut plan is in full swing, and Britons are uneasy |
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 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 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
Finance & Development June 1, 2006 Citrin & Wolfson |
Japan's BACK! Growth in Japan, the world's second-largest economy, would have knock-on effects throughout Asia and the global economy and contribute to a more balanced pattern of global growth. This would also help to reduce global current account imbalances. |