All of the GCC countries - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates - are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures,...

Foreword / Strobe Talbott -- Introduction and overview / Colin I. Bradford Jr. and Johannes Linn -- International institutional reform -- IMF reform : congruence with global governance reform / Jack Boorman -- Strengthening the IMF : lessons from history / James M. Boughton -- The World Bank :...