Similar Articles |
|
Finance & Development March 1, 2007 Kose et al. |
Financial Globalization: Beyond the Blame Game A new way of looking at financial globalization -- the phenomenon of rising cross-border financial flows -- reexamines its costs and benefits. |
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 June 1, 2001 Prakash Loungani & Assaf Razin |
How Beneficial Is Foreign Direct Investment for Developing Countries? The resilience of foreign direct investment during financial crises may lead many developing countries to regard it as the private capital inflow of choice. Although there is substantial evidence that such investment benefits host countries, they should assess its potential impact... |
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 December 1, 2002 Kose & Prasad |
Thinking Big How can small states hold their own in an increasingly globalized economy? |
Finance & Development June 1, 2001 Deepak Mishra |
Private Capital Flows and Growth International capital flows have increased dramatically in recent years, but their impact on developing countries has not been clear. Do the benefits justify the costs? |
Finance & Development March 1, 2002 Carmen M. Reinhart & Vincent Reinhart |
Is a G-3 Target Zone on Target for Emerging Markets? Would the exchange rate stability created by a target zone for the world's three most important currencies be in the best interests of emerging market countries? A recent study suggests such stability might come at the price of more volatile interest rates, making this a difficult question... |
Finance & Development March 1, 2007 Prasad et al. |
The Paradox of Capital Is foreign capital associated with economic growth and, if not, why does it flow 'uphill'?. |
Finance & Development March 1, 2006 Lane & Milesi-Ferretti |
Examining Global Imbalances What new data tell us about the external wealth of nations. |
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 September 2010 |
Data Spotlight: Coping with Capital Inflow Surges In response to recent inflow surges, some emerging markets are again using capital controls |
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 2005 |
Book Reviews The United States and the World Economy: Foreign Economic Policy for the Next Decade... The Democracy Advantage: How Democracies Promote Prosperity and Peace... etc. |
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, 2001 Evangelos A. Calamitsis |
The Need for Stronger Domestic Policies and International Support Globalization is a powerful engine of world prosperity, and it is certainly here to stay. Income disparities remain large. The basic issue is what policies and reforms are most likely to bring about sustainable economic growth for the benefit of all the peoples of the world. |
Finance & Development December 1, 2006 McDonald et al. |
Enticing Investors To make a serious dent in poverty, Africa must attract more foreign capital. Portfolio investment has the potential to raise market efficiency and deepen financial intermediation while safeguarding financial sector soundness. |
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 December 1, 2002 Christina Daseking |
Debt: How Much Is Too Much? As part of the work on vulnerability indicators, economists are looking at what level of debt is sustainable for an economy and how much is too much. |
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 June 1, 2006 Belaisch & Zanello |
Deepening Financial Ties The combination of favorable economic conditions and a clear commitment to integration can provide a fitting environment in which the policy debate can flourish -- and Asia's financial integration can continue to advance. |
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 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 1, 2006 Zagha, Nankani & Gill |
Rethinking Growth Economists are reconsidering what they really know about economic growth and how to go about formulating global national policies in the absence of reliable models. |
Finance & Development December 1, 2002 Christian Mulder |
Assessing the Dangers Spotting vulnerability to financial risks is key to preventing crises. |
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 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 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
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 December 2009 Ghosh & Ostry |
Choosing an Exchange Rate Regime A new look at an old question: Should countries fix, float, or choose something in between? |
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 September 1, 2002 Kenneth S. Rogoff |
Straight talk Moral Hazard in IMF Loans: How Big a Concern? |
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, 2001 Mohamed Daouas |
Africa Faces Challenges of Globalization |
Finance & Development June 1, 2002 Catherine Pattillo |
External Debt and Growth Reasonable levels of external debt that help finance productive investment may be expected to enhance growth, but beyond certain levels additional indebtedness may reduce growth. An IMF study estimates two critical turning points. |
Finance & Development June 1, 2001 |
Book reviews Financial Crises in Emerging Markets: An Essay on Financial Globalisation and Fragility by Alexandre Lamfalussy... From Subsistence to Exchange and Other Essays by Peter Bauer... Maestro: Greenspan's Fed and the American Boom by Bob Woodward... etc. |
Finance & Development March 1, 2001 |
Book reviews Robert Solomon's Money on the Move: The Revolution in International Finance Since 1980... Distributive Justice and Economic Development: The Case of Chile and Developing Countries... Ruth de Krivoy's Collapse: The Venezuelan Banking Crisis of '94... etc. |
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 March 1, 2002 Gerd Hausler |
The Globalization of Finance Financial globalization has brought considerable benefits to national economies and to investors and savers, but it has also changed the structure of markets, creating new risks and challenges for market participants and policymakers... |
Finance & Development June 1, 2006 Anthony Elson |
What Happened? Here's why East Asia surged ahead of Latin America and some lessons for economic policy. |
Finance & Development September 1, 2005 Peter S. Heller |
Making AID Work An unlikely alliance of rock stars, politicians, and grassroots activists has put the issue of combating poverty at the forefront of global policymaking. Scaling up aid flows is just the start of a complex set of decisions and tough choices. |
Finance & Development December 1, 2002 Inutu Lukonga |
Riding Out the Storm Dealing with financial crises more effectively |
Finance & Development December 1, 2006 Bio-Tchane & Christensen |
Right Time for Africa Africa needs to build on its recent success to catch up. A forward-looking reform agenda should aim to maintain macroeconomic stability, improve the business climate, promote trade, and, most important, strengthen fiscal institutions. |
Finance & Development December 1, 2007 Mauro & Yafeh |
Financial Crises of the Future Will future financial crises resemble the contagious crises of the 1990s, or the country-specific crises of the 1890s? What seems clear is that both advanced and emerging market countries will pay close attention to this debate. |
Finance & Development September 1, 2002 Lipschitz et al. |
The Tosovsky Dilemma: Capital Surges in Transition Countries Transition countries that open themselves up to global capital markets are vulnerable to large and potentially erratic flows. Such flows should not be seen as one-off destabilizing events: they are intrinsic to the transition process and therefore need to be factored into policy formulation. |
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 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, 2000 Mohamed A. El-Erian |
Where Are Emerging Markets Headed? The emerging markets look very different in early 2000. Growth is picking up in most economies, with countries like Brazil also making remarkable financial recoveries and Mexico just being upgraded by Moody's to the much-coveted investment rating. |
Finance & Development March 1, 2007 Mohamed A. El-Erian |
Dealing with Global Fluidity With new forces shaping global capital markets, participants in international finance are well advised to rethink their operating models. |
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 December 2010 Arora & Vamvakidis |
Gauging China's Influence China's rapid integration and growth are increasingly affecting the rest of the world. |