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Finance & Development June 1, 2002 Mohsin S. Khan & Sunil Sharma |
Reconciling Conditionality and Country Ownership For the international community, one of the biggest challenges is how to reconcile the need for more country ownership of adjustment and reform programs with the need for conditions on IMF loans. |
Finance & Development June 1, 2001 |
Bulletin IMFC Meeting Endorses IMF Crisis Prevention Efforts... IMF in the process of change... The IMF's Role in Poverty Reduction... IMF Acts to Streamline and Focus Conditionality... |
Finance & Development June 1, 2002 Sanjeev Gupta |
Is the PRGF Living Up to Expectations? When the IMF launched the Poverty Reduction and Growth Facility (PRGF) in 1999, it envisaged some far-reaching changes in its operations. But is this new facility living up to expectations? |
Finance & Development June 2009 John Lipsky |
Preparing for a Postcrisis World Assessing the IMF's role in the future international financial architecture |
Finance & Development December 1, 2002 Goldsbrough et al. |
Prolonged Use of IMF Loans How much of a problem is it? |
Finance & Development December 1, 2001 Sergio Pereira Leite |
Human Rights and the IMF Human rights and macroeconomic stability are far from incompatible. Rather, they both play crucial roles in the fight against poverty. By supporting sound economic policies and encouraging constructive dialogue within civil society, the IMF contributes to human rights. |
Finance & Development September 2009 Edward Gemayel & Samar Maziad |
Delivering on Change The IMF has created a new support framework for the world's low-income countries. |
Finance & Development September 1, 2007 Cottarelli & Mateos y Lago |
Helping the Global Economy Stay in Shape The IMF adopts a new framework for monitoring countries' economic performance. |
Finance & Development December 1, 2000 Masood Ahmed & Hugh Bredenkamp |
Supporting Poverty Reduction in Low-Income Developing Countries: The International Community's Response Despite developing countries' improved economic growth rates during the 1990s, poverty has remained firmly entrenched. How can developing countries, international financial institutions, and developed countries work together more effectively to reduce the incidence of poverty? |
Finance & Development March 1, 2000 James M. Boughton |
Michel Camdessus at the IMF: A Retrospective It may be some years until a definitive assessment of Michel Camdessus's unprecedented 13 years as Managing Director can be made. In this article, the IMF's Historian provides a preliminary evaluation. |
Finance & Development December 1, 2000 Saleh M. Nsouli |
Capacity Building in Africa: The Role of International Financial Institutions This article reviews the evidence on the importance of domestic institutions for economic growth and examines the role of international financial institutions, and particularly the IMF and its training, in capacity building in Africa. |
Finance & Development March 1, 2001 Flemming Larsen |
The IMF's Dialogue with Nongovernmental Organizations The IMF is responding to questions about its role in today's world economy by reaching out to civil society at large and to nongovernmental organizations (NGOs) in particular... |
Finance & Development December 1, 2000 |
Bulletin Pressing Issues of Globalization and Poverty Reduction Are Focus of 2000 IMF--World Bank Annual Meetings... Horst Kohler's Vision for the IMF... Research at the IMF... |
Finance & Development December 1, 2001 Nsouli & Le Gall |
The New International Financial Architecture and Africa African countries have made progress on various elements of the new architecture, but more work is needed---in particular, to enhance transparency and accountability, implement standards and codes, and strengthen financial systems. |
Finance & Development December 1, 2001 |
Bulletin Kohler Calls For Coordinated International Response in Wake of September 11 Attacks... IMF Releases Reduced World Economic Outlook Projections... External Financing for IMF Technical Assistance... |
Finance & Development December 1, 2006 Ambroise Fayolle |
Out of the Trap Given that fragile states face urgent and specific needs, the framework created by donors to support them is both too slow and not comprehensive enough. Closer coordination between all actors, including the IMF, should be a priority in fragile states. |
Finance & Development September 2008 Masood Ahmed |
The Next Frontier Low-income countries gain ground in a globalized world, but they still face major challenges. |
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, 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 December 1, 2002 Inutu Lukonga |
Riding Out the Storm Dealing with financial crises more effectively |
Finance & Development June 1, 2005 dos Santos |
Brazil's Remarkable Journey Latin America's largest economy is finally reaping the benefits of reforms. |
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 December 2011 Nozaki et al. |
Are the Critics Right? A new study finds that public education and health spending get a boost when low-income countries receive IMF financial support |
Finance & Development June 1, 2002 Brian Ames |
Taking Stock of Poverty Reduction Efforts What exactly is a poverty reduction strategy paper (PRSP), the centerpiece of the international community's new assault on poverty? It is essentially a road map prepared by countries themselves to help them better target public policies in support of poverty reduction. |
Finance & Development June 2009 |
In Brief Contracting with the private sector to deliver education has benefits... IMF trying to ensure that economic adjustments take account of the needs of the most vulnerable... Handbook on Securities Statistics, which covers debt securities issues, is released... more... |
U.S. Banker June 2010 Robert Bliss |
It's the Interconnectedness, Stupid The IMF s reform ideas contained in its Global Financial Stability report evaluate the complexities of international risk that U.S. regulatory proposals ignore. |
Finance & Development December 2008 |
IMF News IMF's new liquidity facility... IMF revamps two-year-old Exogenous Shocks Facility... IMF moved quickly to help emerging markets battered by the fallout from global financial turmoil... IMF-sponsored conference in Tanzania... |
Finance & Development December 1, 2001 G.E. Gondwe |
Making Globalization Work in Africa There is no doubt that economic growth rates in sub-Saharan Africa have lagged far behind those of other regions and that Africa is the region least integrated into the global economy. |
Finance & Development March 1, 2002 Haizhou Huang & S. Kal Wajid |
Financial Stability in the World of Global Finance To reduce their vulnerability to national and international financial crises, countries must address the weaknesses in their financial systems... |
Finance & Development June 1, 2007 Burton & Zanello |
Asia Ten Years After A decade after the Asian financial crisis, the region is growing rapidly but still has a long to-do list. |
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 March 1, 2002 James M. Boughton |
Globalization and the Silent Revolution of the 1980s During the 1980s, the economic policymakers of many countries underwent a dramatic change in thinking. How beneficial has this 'silent revolution' been, and what can policymakers and the international community do now to broaden and secure the gains it has brought? |
Finance & Development June 1, 2002 Masood Ahmed |
Building Consensus on Poverty Reduction One hundred eighty-nine countries came together at the United Nations Millennium Summit and pledged to act individually and collectively to make the Millennium Development Goals a reality. |
Finance & Development March 2011 |
Veterans of the System Ideas for strengthening the international monetary system. |
Finance & Development September 1, 2001 James M. Boughton |
Was Suez in 1956 the First Financial Crisis of the Twenty-First Century? The IMF's lending to the four countries directly involved in the 1956 Suez crisis, and particularly to the United Kingdom, raised the institution's profile and established its role in helping member countries cope with international financial crises... |
Finance & Development March 2009 Amar Bhattacharya |
A Tangled Web Everyone agrees on reforming the governance of financial markets, but who will do what remains unclear. |
Finance & Development June 2010 |
Min Zhu on Asia's Economy and More A conversation with the special advisor to the IMF's managing director about Asia in the new world order, global economic issues, and the IMF's relations with the region that is favored to lead the world out of crisis. |
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 December 1, 2001 |
New Book Features IMF's Role in Combating the Global Debt Crisis James M. Boughton's book Silent Revolution: The International Monetary Fund, 1979-1989. |
Finance & Development September 1, 2000 Roger Nord |
Central and Eastern Europe and the New Financial Architecture As the Central and Eastern European countries prepare to join the European Union, they are participating in worldwide efforts to strengthen the global economy... |
BusinessWeek May 12, 2010 Sandrine Rastello et al. |
Now It's Up to the IMF to Make Greece Shape Up The fate of the euro may depend on the IMF's awkward partnership with the EU. |
Finance & Development September 2008 |
Book Reviews Michael Tomz takes a look at the history of debt default in his latest book... Douglas Wass brings back unhappy memories in the his latest book The Making of British Macro-Economic Policy and the 1976 IMF Crisis... etc. |
Finance & Development September 1, 2002 Kenneth S. Rogoff |
Straight talk Moral Hazard in IMF Loans: How Big a Concern? |
Finance & Development March 1, 2007 Yaga Venugopal Reddy |
Point of View: Converting a Tiger The Reserve Bank of India's governor offers lessons from the country's gradualist approach to capital account convertibility. |
Finance & Development December 1, 2002 Bulir & Lane |
Managing the Fiscal Impact of Aid Poor countries must find better ways to manage spending in the face of volatile and unpredictable aid flows. |
Finance & Development June 1, 2001 Timothy Lane & Steven Phillips |
IMF Financing and Moral Hazard Although it has been argued that IMF financing may create moral hazard, it is not easy to find clear evidence of such an effect. If the extent of IMF-induced moral hazard were known, any costs would have to be weighed against the possible benefits of IMF financing... |
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, 2007 Boughton & Bradford |
Global Governance: New Players, New Rules The financial turbulence of 2007 illustrates -- not for the first time -- both the benefits and the risks of financial globalization. Here's why the 20th-century model needs a makeover. |
Finance & Development September 1, 2002 Aninat et al. |
Combating Money Laundering and the Financing of Terrorism Money laundering and terrorist financing can threaten financial stability and economic prosperity, adding to the gravity of the underlying crimes. The IMF, working closely with the global community, is stepping up its efforts to fight these abuses. |
Finance & Development December 1, 2000 Ernesto Hernandez-Cata |
Raising Growth and Investment in Sub-Saharan Africa: What Can Be Done? Sub-Saharan Africa must increase economic growth to reduce poverty and improve living standards. This article discusses some obstacles to growth in the region, as well as some policy actions that would improve its prospects. |