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This paper reviews progress under the Fund's strengthened cooperative strategy on overdue financial obligations. Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million. Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations...
Persistent link: https://www.econbiz.de/10014410203
This paper summarizes the main governance challenges and reform options facing the IMF, drawing together the analysis … and reform proposals in the reports of the Eminent Persons Group (headed by Trevor Manuel), the IEO, and a range of other … selecting key issues and proposals, and in laying out some of the pros and cons. With reform of quotas/voting power on a …
Persistent link: https://www.econbiz.de/10014410402
The recent financial crisis has given renewed urgency to the need for resolution systems for financial institutions, which both safeguard financial stability and limit moral hazard. However, experience demonstrates that these systems will not be effective unless progress is also made in...
Persistent link: https://www.econbiz.de/10014410343
This paper sets out, and seeks to make operational, a core package for the consideration of the Executive Board and, subsequently, the Board of Governors. The reforms would lead to a major overhaul of the Fund's quotas and governance, strengthening the Fund's legitimacy and effectiveness. The...
Persistent link: https://www.econbiz.de/10014410084
The Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity was written jointly by the World Bank …
Persistent link: https://www.econbiz.de/10011394064
. Yet the world is still far from achieving the MDGs. This Global Monitoring Report (GMR) reviews the efforts under way to … to guard against risks to their effective implementation. Trade reform needs new life. The focus of the international …
Persistent link: https://www.econbiz.de/10012563224
The Millennium Development Goals (MDGs) and the Monterrey Consensus have created a powerful global compact for development. But the continued credibility of this compact hinges on fostering momentum in its implementation. With the five-year stocktaking of the implementation of the Millennium...
Persistent link: https://www.econbiz.de/10012563335
The turn of the century was marked by some significant and promising events for world development. The Millennium …
Persistent link: https://www.econbiz.de/10012563860
What is the human cost of the global economic crisis? How many people will the crisis prevent from escaping poverty, and how many will remain hungry? How many more infants will die? Are children being pulled out of schools, not getting the education they need to become more productive adults and...
Persistent link: https://www.econbiz.de/10012561078