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Finance & Development June 2009 Cihak & Mitra |
Losing Their Halo Many countries in central and eastern Europe are finding it hard to adjust to the new economic reality |
Finance & Development June 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
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 June 2010 Linda Yueh |
A Stronger China China can emerge from the crisis stronger if it increases domestic demand and promotes global integration. |
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 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 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 2010 Canales-Kriljenko et al. |
Two Regions Foreign-bank lending to emerging markets during the global crisis differed from continent to continent. |
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 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 June 2010 Anoop Singh |
Asia Leading the Way Asia is moving into a leadership role in the world economy. |
Finance & Development March 1, 2001 Alvin D.L. Hilaire |
Economic Stabilization in the Caribbean Barbados, Guyana, Jamaica, and Trinidad and Tobago simultaneously tackled serious economic difficulties in the early 1990s. The results of their adjustment programs demonstrate that fiscal reform, supported by other policies, may be the key to achieving a sustainable recovery... |
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 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 June 1, 2006 Charles Kramer |
Asia's Investment Puzzle Despite the recovery in Asia, lingering uncertainty appears to be holding back investment. |
Finance & Development September 1, 2000 Stanley Fischer & Ratna Sahay |
Taking Stock Economic performance has differed widely among the transition economies. The best performers are countries that were the most committed to reform at the start and that have carried out reforms rapidly and consistently. |
Finance & Development March 1, 2000 Catherine L. Mann |
Is the U.S. Current Account Deficit Sustainable? The U.S. current account deficit, driven by the United States' widening trade deficit, is the largest it has ever been, both as a share of the U.S. economy and in dollar terms. How much longer can the United States continue to spend more than it earns and support the resumption of global growth? |
Finance & Development September 1, 2000 Rene Weber & Gunther Taube |
Estonia Moves Toward EU Accession Estonia's rapid transition to a market economy and integration into the world economy have intensified its economic and political ties with Western Europe. It now faces the challenge of meeting the remaining requirements for EU membership and eventual participation in EMU. |
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 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... |
Finance & Development December 2009 Eswar Prasad |
Rebalancing Growth in Asia Asian emerging markets can improve their economic welfare by rebalancing growth toward domestic demand. |
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 2010 Olaf Unteroberdoerster |
Serving Up Growth Promoting the services sector in Asia is another way to restore balance and boost growth. |
Finance & Development June 2011 |
Emerging Challenges Emerging markets must adapt to the new global reality by building on their economic success. |
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 December 2009 Archana Kumar |
Crisis Contained Five leading Asian voices share their views on Asia's economic pain and recovery, and how there are no easy answers for coping with the region's future challenges. |
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. |
Finance & Development March 2009 Lipschitz et al. |
The Domestic Solution Can China's growth be sustained through good-neighbor policies? |
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 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 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. |
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, 2001 Roberts Zile &Inna Steinbuka |
Latvia on the Way to the European Union Having met most of the criteria for membership in the European Union, Latvia is addressing a few remaining challenges. These include closing the income gap and achieving structural, fiscal, and monetary convergence... |
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 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 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 December 2010 Baldacci et al. |
Getting Debt under Control In dealing with the aftermath of the Great Recession, policymakers must pay attention to the mix of austerity policies. |
Finance & Development September 2008 Simon Johnson |
Straight Talk: Emerging Markets Emerge Emerging markets are now a key determinant of global growth. This is good news -- and a potential problem |
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 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. |
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. |
On Wall Street June 1, 2009 Yarek Aranowicz |
All Disquieting on the Eastern Front The contagion in Central and Eastern Europe has been called the worst economic crisis since the collapse of communism. |
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 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 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. |
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 2010 Helge Berger |
Return to Form Germany's economy is again Europe's locomotive, but its export dependence is both a blessing and a curse |
Finance & Development December 2011 Florence Jaumotte |
Fixing the Flaws in EMU The euro area's long-term survival requires a fundamental transformation of policymaking |
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 June 1, 2006 |
Asia's Role in the World Economy Asia boasts three of the ten largest economies (China, Japan and India)... Asia's share of world GDP is rising... Asia has also integrated into global capital markets... etc. |