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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 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
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, 2002
Kose & Prasad |
Thinking Big How can small states hold their own in an increasingly globalized economy? |
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
June 1, 2005
dos Santos |
Brazil's Remarkable Journey Latin America's largest economy is finally reaping the benefits of reforms. |
Finance & Development
December 2011
Tanner & Restrepo |
A Cushion for the Poor Commodity-exporting governments can reduce debt and still protect their least well off citizens |
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
December 1, 2001
Ahmed, Lane & Schulze-Ghattas |
Refocusing IMF Conditionality Shortly after he assumed office as Managing Director of the IMF in May 2000, Horst Kohler launched a reform of the conditionality associated with its lending. What lies behind this change in approach, and what prospects does it have for strengthening implementation of reforms in the IMF's member countries? |
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
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
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 2009
John Lipsky |
Preparing for a Postcrisis World Assessing the IMF's role in the future international financial architecture |
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 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
September 2010 |
Regaining Momentum Progress on the Millennium Development Goals has been slowed by the crisis. The rest of the world has to help. |
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
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
December 1, 2006
Michael Klein |
Taking Care of Business Creating a better business environment is crucial for bolstering growth in Africa. |
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
Schieber et al. |
Getting Real on Health Financing Unless the efficiency of the global aid architecture is improved and countries enhance their ability to put aid to good use, the massive investment in health that is currently taking place will not deliver the improvement in the health of the poor that everybody is striving for. |
Finance & Development
September 2008
Gupta & Tareq |
Mobilizing Revenue Strengthening domestic revenue bases is key to creating fiscal space for Africa's developmental needs |
Finance & Development
June 2011 |
Rethinking Economics in a Changed World Three Nobel laureates discuss what the global crisis has taught us. |
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
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
March 1, 2002
Dimitri G. Demekas |
Southeastern Europe After the Kosovo Crisis In the wake of the Kosovo crisis, the countries of Southeastern Europe have made great strides. What form should their reform agenda take, and what lessons can the international community draw for helping other postconflict regions? |
Finance & Development
June 2009
Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
Finance & Development
September 2008 |
Dialogue Box F&D asked a number of opinion leaders around the world to answer the question, What's the single thing most likely to double living standards in poor countries over the next decade? |
Finance & Development
December 1, 2002
Goldsbrough et al. |
Prolonged Use of IMF Loans How much of a problem is it? |
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
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
June 1, 2006
Gulde & Pattillo |
Adding Depth Africa can achieve even higher economic growth through financial sector reform. |
Finance & Development
September 2011 |
A Bigger Slice of a Growing Pie Developing the financial sector accelerates economic growth and can enhance income equality. |
Finance & Development
June 2009
Donald Kaberuka |
Straight Talk: Start This Engine Africa's policymakers should prepare for global recovery by priming their private sectors. |
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 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
March 2009
Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
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, 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. |
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, 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
December 1, 2002
Gupta et al. |
The Elusive Peace Dividend How armed conflict and terrorism undermine economic performance |
Finance & Development
December 1, 2008
Mohamed A. El-Erian |
A Crisis to Remember The current crisis is a defining moment for the global financial system and, by implication, for relationships between countries. |
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
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, 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
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
September 2009 |
Book Reviews Books of economic interest: Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, by Dambisa Moyo... Successes of the International Monetary Fund: Untold Stories of Cooperation at Work, by Michael A. Clemens... more... |
Finance & Development
March 2011 |
Veterans of the System Ideas for strengthening the international monetary system. |
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. |
