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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 Duvvuri Subbarao |
Redefining Central Banking Central banks must distill lessons from the global crisis and make concrete reforms. |
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 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. |
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 2009 Marek Belka |
Europe Under Stress The global economic crisis is testing the cohesion of the European Union |
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 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 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 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 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, 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 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 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 2009 John Lipsky |
Preparing for a Postcrisis World Assessing the IMF's role in the future international financial architecture |
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 Prasad & Rajan |
Next Generation Financial Reforms for India A new report advocates a shake-up in India's financial system to underpin growth |
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 2009 Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
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 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 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 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 September 2009 Carlo Cottarelli & Jose Vinals |
Looking Ahead Countries must begin now to devise economic strategies to accompany the recovery. |
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 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 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 March 2009 Amar Bhattacharya |
A Tangled Web Everyone agrees on reforming the governance of financial markets, but who will do what remains unclear. |
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 June 2009 Eyzaguirre et al. |
Latin America: When Is Fiscal Stimulus Right? For some Latin American countries stimulus is appropriate during the global economic crisis. But for others the answer is less clear. |
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 Florence Jaumotte |
Fixing the Flaws in EMU The euro area's long-term survival requires a fundamental transformation of policymaking |
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 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 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, 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 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 |
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 Giovanni Dell'Ariccia |
Asset Price Booms: How Can They Best Be Managed? Not all booms are alike -- making the right call on which policies to deploy depends on how assets are held and who is exposed to a possible bust |
Finance & Development June 2009 Berglof et al. |
A Tale of Two Crises Russia is still a resource-dependent economy that must diversify in a market-friendly way |
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 September 2009 Atish R. Ghoshet et al. |
Anticipating the Next Crisis THE current global financial turmoil has rekindled the interest of both policymakers and the general public in early warning systems to anticipate future financial crises. But what alarms can such systems realistically sound? |
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 2011 Abebe Aemro Selassie |
A Cushion for the Poor Plagued by high unemployment and closely tied to Europe, South Africa is struggling. |
On Wall Street December 1, 2009 Milton Ezrati |
Emerging Economies Are Even Better Than Advertised Not only have emerging markets resumed their place as leading engines of global growth, they have also followed monetary and fiscal policies that are much more prudent than those of the United States, Japan and most other developed nations. |
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 June 2011 |
Keeping Smart about the Older Generation Aging populations could throw into question the ability of many countries to provide a decent standard of living for the old without imposing a crushing burden on the young. |
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 December 1, 2008 Archana Kumar |
The Catch-Up Game An interview with Michael Spence and Mahmoud Mohieldin: An academic and a policymaker share insights on what makes countries grow, in good times and bad. |
Finance & Development June 1, 2001 Stanley Fischer |
Exchange Rate Regimes: Is the Bipolar View Correct? During the past decade, many countries have changed their exchange rate regimes, moving from crisis-prone soft pegs to hard pegs or floating regimes. This trend is likely to continue, particularly among emerging market countries... |