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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. mark for My Articles similar articles
Finance & Development
December 1, 2006
Christensen et al.
Bankable Assets Africa faces many obstacles in developing financial systems. New markets and institutions need to be able to flourish. mark for My Articles similar articles
Finance & Development
March 1, 2000
Jose Angel Gurria
Mexico: Recent Developments, Structural Reforms, and Future Challenges In recent years, the Mexican government has implemented a series of economic reforms to strengthen the country's fundamentals and increase its ability to cope with external shocks. Because of the progress that has been made, the government is confident that Mexico will be able to leave recent crises behind and start the new millennium with a stable and growing economy. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
June 2010
Eswar Prasad
After the Fall As the debate over how best to manage monetary policy heats up, the once-sharp difference between advanced and emerging economies is blurring. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
March 1, 2007
Leslie Lipschitz
Wising Up about Finance With tighter links between national economies and global financial markets, better financial analysis is critical to macroeconomic management. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
December 1, 2008
Kang & Miniane
Global Financial Turmoil Tests Asia As the global financial crisis spreads, how will Asia weather the storm? mark for My Articles similar articles
Finance & Development
March 1, 2006
Hilbers, Otker-Robe & Pazarba
Going too Fast? Managing rapid credit growth in Central and Eastern Europe. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
June 2010
Duvvuri Subbarao
Redefining Central Banking Central banks must distill lessons from the global crisis and make concrete reforms. mark for My Articles similar articles
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 mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
September 2011
A Bigger Slice of a Growing Pie Developing the financial sector accelerates economic growth and can enhance income equality. mark for My Articles similar articles
Finance & Development
June 1, 2006
Andrew Sheng
The Art of Reform Both domestic and global investors will look to regulatory assessments to judge for themselves the quality of Asia's market governance. And they might also want to remind themselves of the ancient dictum: he who knows the competition and himself wins in the global competitive game. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
June 2009
Marek Belka
Europe Under Stress The global economic crisis is testing the cohesion of the European Union mark for My Articles similar articles
Finance & Development
September 1, 2007
Aziz & Dunaway
China's Rebalancing Act China's economic miracle may be at risk unless the country relies more on domestic consumption. mark for My Articles similar articles
Finance & Development
December 1, 2002
Fasano & Iqbal
Common Currency GCC (Cooperation Council of the Arab States of the Gulf) countries face fundamental choices as they head for monetary union. mark for My Articles similar articles
Finance & Development
March 1, 2001
Neil Gregory & Stoyan Tenev
The Financing of Private Enterprise in China A 1999 survey of more than 600 private Chinese enterprises revealed that they relied primarily on self-financing. For China's private sector to thrive, firms will need increased access to external loan and equity financing... mark for My Articles similar articles
Finance & Development
June 1, 2006
Gulde & Pattillo
Adding Depth Africa can achieve even higher economic growth through financial sector reform. mark for My Articles similar articles
Finance & Development
September 1, 2000
Torsten Slok
Can Monetary Policy Be Effective During Transition? Mongolia has undergone dramatic changes during its transition to a market economy, with fundamental restructuring in both the real economy and the financial sector. How effective is monetary policy in such a changing environment? mark for My Articles similar articles
Finance & Development
September 1, 2007
Hu Xiaolian
China's Approach to Reform Here, the Deputy Governor of the People's Bank of China and Administrator of the State Administration of Foreign Exchange discusses how rapid economic development in China is based on long-term goals that aim for stability. mark for My Articles similar articles
Finance & Development
March 1, 2000
Pedro Pou
Argentina's Structural Reforms of the 1990s Argentina experienced serious economic and financial difficulties in the 1980s. Hyperinflation in 1989-90 finally elicited the necessary political consensus for reform. Despite areas of concern, structural reforms implemented in the 1990s have set Argentina on the path to sustained growth. mark for My Articles similar articles
Finance & Development
December 2011
Florence Jaumotte
Fixing the Flaws in EMU The euro area's long-term survival requires a fundamental transformation of policymaking mark for My Articles similar articles
Finance & Development
June 1, 2005
dos Santos
Brazil's Remarkable Journey Latin America's largest economy is finally reaping the benefits of reforms. mark for My Articles similar articles
Finance & Development
December 2010
Risky Business Global banks will adapt to the new international rules on capital and liquidity, but at what cost to investors and the financial system? mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles 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. mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
June 1, 2000
Hans Dieter Seibel
Agricultural Development Banks Close Them or Reform Them? Agricultural development banks were established to extend credit and other financial services to customers not considered creditworthy by commercial banks. Should these banks be closed or are they worth revamping? mark for My Articles similar articles
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. mark for My Articles similar articles
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... mark for My Articles similar articles
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. mark for My Articles similar articles
Finance & Development
December 2009
Eswar Prasad
Rebalancing Growth in Asia Asian emerging markets can improve their economic welfare by rebalancing growth toward domestic demand. mark for My Articles similar articles
Finance & Development
June 2010
William Poole
Principles for Reform In designing new policies for the financial sector, old-fashioned ideas are important. mark for My Articles similar articles
Finance & Development
June 2010
Guillaume & Zytek
Reducing the Staggering Costs of Cheap Energy Eliminating domestic energy subsidies is tricky, but oil-exporting countries that do so will see a clear payoff. mark for My Articles similar articles
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 mark for My Articles similar articles
Finance & Development
March 1, 2000
Robert Rennhack
Banking Supervision Countries in Latin America and the Caribbean, like other emerging markets, have experienced banking system difficulties that have hampered growth and generated fiscal costs as high as 10 to 20 percent of GDP and even more. Many countries have improved their banking systems, but further reform is needed. mark for My Articles similar articles
Finance & Development
March 1, 2003
Creane et al.
Banking on Development Further reform of financial sectors holds promise for the MENA countries mark for My Articles similar articles
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. mark for My Articles similar articles