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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 presents an outlook for the world economy for 1997–98. With world output expected to expand by some 41 …
Persistent link: https://www.econbiz.de/10014399289
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 speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with …
Persistent link: https://www.econbiz.de/10014400030
The Fund has made good progress over the past two years in integrating macrofinancial analysis into Article IV surveillance for a wide range of members. Building on past work to enhance financial sector analysis, Fund staff has sought to develop a consistent and forward-looking view on how the...
Persistent link: https://www.econbiz.de/10014408732
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff … economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world …
Persistent link: https://www.econbiz.de/10014403935
This chapter provides various IMF staff's concluding remarks of completion of Article IV Consultation with different countries. The IMF holds bilateral consultations under Article IV of its Articles of Agreement with all its member countries, in most cases every year. As part of these...
Persistent link: https://www.econbiz.de/10014397593
This paper reviews major issues and developments in the trade area and outlines the challenges governments face as they seek to liberalize trade in the Uruguay Round of trade negotiations and address new trade issues. In industrial countries, the reorientation of policies was most apparent in...
Persistent link: https://www.econbiz.de/10014397644