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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 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 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 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 1, 2006 Anthony Elson |
What Happened? Here's why East Asia surged ahead of Latin America and some lessons for economic policy. |
Finance & Development December 1, 2002 Kose & Prasad |
Thinking Big How can small states hold their own in an increasingly globalized economy? |
Finance & Development December 1, 2005 Arminio Fraga |
A Fork in the Road Latin America faces a choice between populism and deeper reform. |
Finance & Development June 2010 Anoop Singh |
Asia Leading the Way Asia is moving into a leadership role in the world economy. |
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 Claessens et al. |
Gyrations in Financial Markets Financial cycles tend to be long and deep and often interact in ways that can cause booms or busts. |
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, 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 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 September 1, 2005 Arora & Vamvakidis |
Economic Spillovers Exploring the impact trading partners have on each other's growth. |
Finance & Development March 2010 Bui & Bayoumi |
Their Cup Spilleth Over The U.S. and U.K. financial market crises had a spillover effect on the rest of the world, which explains the synchronized global slowdown. |
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 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 March 2011 Lora & Pages |
Face-to-Face with Productivity It is not lack of investment but inefficient production that holds back Latin American incomes. |
Finance & Development March 1, 2000 Nora Lustig & Omar Arias |
Poverty Reduction Although Latin America and the Caribbean reduced the incidence of poverty during the 1990s, population increases and the greater income inequalities that had developed during the 1980s stymied the region's efforts to reduce the number of poor people. How can its policymakers fight poverty most effectively and better protect the poor during economic crises? |
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 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, 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. |
IDB America December 2001 Peter Bate |
The productivity puzzle A new IDB study examines why Latin America's companies find it so hard to compete with those from other regions |
Finance & Development March 2011 Jorge Canales-Kriljenko et al. |
Ending Instability How monetary policy reforms helped propel five major Latin American countries from recurrent crises to economic stability. |
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 December 1, 2005 Alfred Schipke |
Building on CAFTA How the free trade pact can help foster Central America's economic integration. |
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, 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 March 2011 Alicia Barcena |
Spreading the Wealth Poverty and inequality have declined in Latin America in recent years, but there is a lot more to do. |
Finance & Development March 1, 2003 Jbili & Kramarenko |
Should MENA Countries Float or Peg? As they open up their economies, MENA countries may need to rethink their exchange rate regimes |
Finance & Development March 2011 Arslanalp et al. |
Investing in Growth Revisiting the debate over whether public investment in infrastructure is productive. |
Finance & Development June 1, 2000 Janet Stotsky, Esther Suss, & Stephen Tokarick |
Trade Liberalization in the Caribbean Since the mid-1990s, the governments of Caribbean countries have demonstrated a firm commitment to trade liberalization. What steps have they taken, what have the results been, and what further steps should they consider taking? |
Finance & Development December 2011 Antoinette Sayeh |
The Quality of Growth The questions that continually nag at me concern the quality of this growth in sub-Saharan Africa. In particular, is it inclusive -- are the poor and the young benefiting -- and is it sustainable? |
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 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, 2001 Danny M. Leipziger |
The Unfinished Poverty Agenda: Why Latin America and the Caribbean Lag Behind Compared with East Asia, Latin America and the Caribbean have made very little progress in reducing poverty rates since the 1980s, largely because of sluggish growth... |
Finance & Development March 2009 Valdivia-Velarde & Seo |
Data Spotlight: Latin America's Debt Lower external debt ratios help Latin America face the global crisis better. |
Finance & Development December 1, 2008 Tim Callen |
What Is Gross Domestic Product? Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. A concise explanation of GDP. |
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 March 2011 Mario Mesquita |
Great Expectations Brazil's economic success has raised the bar for that country, at home and abroad. |
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 Leonardo Cardemil, Juan Carlos Di Tata, & Florencia Frantischek |
Central America: Adjustment and Reforms in the 1990s Following a weak performance in the 1980s, the Central American economies experienced a turnaround in the 1990s as they adopted improved policies within a more stable political environment. Now, how can they best maintain macroeconomic stability, continue structural reforms, and strengthen social policies to maximize rates of economic growth and reduce the incidence of poverty? |
Finance & Development December 2010 Arora & Vamvakidis |
Gauging China's Influence China's rapid integration and growth are increasingly affecting the rest of the world. |
Finance & Development June 1, 2007 Clements et al. |
Getting Spending Right Latin America needs to reform public spending to make it more efficient, better help the poor, and address infrastructure bottlenecks. |
Finance & Development March 2010 Canales-Kriljenko et al. |
Two Regions Foreign-bank lending to emerging markets during the global crisis differed from continent to continent. |
Finance & Development June 2011 |
Emerging Challenges Emerging markets must adapt to the new global reality by building on their economic success. |
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 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 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 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. |