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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.   |
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
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, 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
December 1, 2001
Mohamed Daouas |
Africa Faces Challenges of Globalization |
Finance & Development
March 1, 2000
James M. Boughton |
Michel Camdessus at the IMF: A Retrospective It may be some years until a definitive assessment of Michel Camdessus's unprecedented 13 years as Managing Director can be made. In this article, the IMF's Historian provides a preliminary evaluation. |
Finance & Development
March 1, 2002
Eduardo Aninat |
Surmounting the Challenges of Globalization In recent years, concerns have grown about the negative aspects of globalization and especially about whether the world's poorest will share in its benefits. There is an urgent need for a broad global debate on how these challenges can best be met and on who should play what role... |
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
December 1, 2000 |
Bulletin Pressing Issues of Globalization and Poverty Reduction Are Focus of 2000 IMF--World Bank Annual Meetings... Horst Kohler's Vision for the IMF... Research at the IMF... |
Finance & Development
December 1, 2000
Robert Powell |
Debt Relief for Poor Countries Efforts to lighten the debt burden of poor countries go back at least two decades. The most recent, the enhanced HIPC Initiative, will provide faster and deeper debt relief to these countries while encouraging them to use the funds saved to fight poverty and raise living standards. |
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
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, 2002
Masood Ahmed |
Building Consensus on Poverty Reduction One hundred eighty-nine countries came together at the United Nations Millennium Summit and pledged to act individually and collectively to make the Millennium Development Goals a reality. |
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 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 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. |
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
September 1, 2001
Sanjeev Gupta |
Debt Relief and Public Health Spending in Heavily Indebted Poor Countries The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1996, was the first comprehensive effort by the international community to reduce the external debt of the world's poorest countries... |
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, 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 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, 2000
Nora Lustig & Nicholas Stern |
Broadening the Agenda for Poverty Reduction: Opportunity, Empowerment, Security Experience from the 1990s has led to a poverty reduction agenda that, in addition to promoting economic growth, addresses ingrained inequalities, institutional failures, social barriers, and other risks. |
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
December 1, 2000
Caroline M. Robb |
How the Poor Can Have a Voice in Government Policy Development thinking has changed significantly in recent years. Policymakers have recognized the ability of the poor to make a valuable contribution to the analysis of poverty and are consulting them directly. This new participatory approach has resulted in a broader definition of poverty and better-informed public policies that are more responsive to the needs of the poor. |
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. |
Finance & Development
June 1, 2002
Brian Ames |
Taking Stock of Poverty Reduction Efforts What exactly is a poverty reduction strategy paper (PRSP), the centerpiece of the international community's new assault on poverty? It is essentially a road map prepared by countries themselves to help them better target public policies in support of poverty reduction. |
Finance & Development
December 1, 2002
Inutu Lukonga |
Riding Out the Storm Dealing with financial crises more effectively |
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
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
September 1, 2005
Andrews et al. |
Ethiopia: Scaling Up Assessing the impact of a dramatic increase in aid on one of Africa's poorest 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
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
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
September 1, 2007
Cottarelli & Mateos y Lago |
Helping the Global Economy Stay in Shape The IMF adopts a new framework for monitoring countries' economic performance. |
Finance & Development
June 1, 2001
Guy Pfeffermann |
Poverty Reduction in Developing Countries: The Role of Private Enterprise The role of private enterprise in development has been neglected by scholars, governments, and aid organizations. This is regrettable: a vibrant private sector generates jobs, raises incomes, and makes better, cheaper goods and services available... |
Finance & Development
December 1, 2001
Robert Sharer |
An Agenda for Trade, Investment, and Regional Integration The importance of enhancing sub-Saharan Africa's trade performance, which was very weak in the 1980s and 1990s, cannot be overemphasized. |
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
June 1, 2002 |
Crafting Bolivia's PRSP: 5 Points of View Bolivia's poverty reduction strategy paper (PRSP) was issued in March 2001. Building on an earlier national dialogue, it formulates a four-pronged plan for sustainable growth, social development, institutional strengthening, and eradication of drug (coca) production and trade. |
Finance & Development
March 1, 2003
George T. Abed |
Unfulfilled Promise Why the Middle East and North Africa region has lagged in growth and globalization |
Finance & Development
March 1, 2002
Robert Hecht |
Making AIDS Part of the Global Development Agenda AIDS is not just a health issue but a development problem that must be addressed at the global level. As countries increasingly recognize the need to incorporate strategies for tackling AIDS in their national policy frameworks, they are looking at new national poverty reduction plans... |
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 1, 2001
G.E. Gondwe |
Making Globalization Work in Africa There is no doubt that economic growth rates in sub-Saharan Africa have lagged far behind those of other regions and that Africa is the region least integrated into the global economy. |
Finance & Development
December 1, 2001
Paul Chabrier |
Growth Strategy for North Africa: A Regional Approach Independent business surveys show that private investors generally feel that the business environment in the region has many serious problems, such as excessive red tape and weak domestic institutions---particularly the legal and judicial systems. |
Finance & Development
March 1, 2002
Kevin Watkins |
Making Globalization Work for the Poor In the view of the IMF, the World Bank, and most northern governments, removing barriers to trade is one of the most powerful things that governments can do to give the poor a bigger stake in global prosperity... |
Finance & Development
December 1, 2001
Bannister & Thugge |
International Trade and Poverty Alleviation How does trade liberalization affect the poor, and how can they be protected against its negative short-term effects? |
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
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. |
Reason
March 2003
Charles Oliver |
Global Speculators A billionaire and a Nobel laureate want to fix international trade agencies. Why bother? |
Finance & Development
September 2008
Ravallion & van de Walle |
Land and Poverty in Reforming East Asia Lessons from Vietnam's agrarian reforms |
Finance & Development
December 1, 2002
Goldsbrough et al. |
Prolonged Use of IMF Loans How much of a problem is it? |
