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This year, we mark the 70th anniversary of the IMF and World Bank and the 50th anniversary of F&D. The world has seen a staggering amount of change in the past seven decades. So, with these two anniversaries in mind we focused our attention on the transformation of the global economy-looking...
Persistent link: https://www.econbiz.de/10014411623
This chapter discusses the story of European integration in what is known as the European Union. The decision in 1951 by six European nations to pool coal and steel production under a common authority-the European Coal and Steel Community-marked the beginning of European integration. French...
Persistent link: https://www.econbiz.de/10014411669
Cracks in the System: World Economy Under Stress"" explores the rapidly changing institutional and policymaking landscape around a financial crisis that now threatens a deep and prolonged global recession. The lead article looks at how the world got into the mess and what to do about it, both...
Persistent link: https://www.econbiz.de/10014401568
unsentimental path of adding value and making money. Asian Development Bank's Haruhiko Kuroda sets out his vision for a new …
Persistent link: https://www.econbiz.de/10014401569
international action. One of the challenges is to balance actions to mitigate climate change with measures to stimulate growth and …, explored by William White, former chief economist at the Bank for International Settlements, and the longer-term impact of the … migrant workers to family and friends back home. “Back to Basics” gives a primer on international trade …
Persistent link: https://www.econbiz.de/10014401942
This issue of F&D looks at the growing role of emerging markets. Analysis by the IMF's Ayhan Kose and Eswar Prasad, professor of trade policy at Cornell University, argues that their economic ascendance will enable emerging markets such as Brazil, China, India, and Russia to play a more...
Persistent link: https://www.econbiz.de/10014402513
Latin America: An End to Boom and Bust? covers prospects in that region, which has managed to sustain a decade of prosperity after a history of boom and bust cycles. In our cover story, Nicolás Eyzaguirre, Director of the IMF's Western Hemisphere Department, says Latin America has the potential...
Persistent link: https://www.econbiz.de/10014402622
's capital account liberalization, and another looks at how participants in international finance can cope with a fluid financial …
Persistent link: https://www.econbiz.de/10014403151
international community in the 21st century and asks whether today';s system of global governance is equipped to cope with them. The …' examines the impact of high food prices. Also in this issue, articles examine development in Africa, and 'backcasting' data in …
Persistent link: https://www.econbiz.de/10014403273
Recovery from the deepest recession in 60 years has started. But sustaining it will require delicate rebalancing acts, both within and across countries. IMF chief economist Olivier Blanchard writes in our lead article that the turnaround will not be simple. The crisis has left deep scars that...
Persistent link: https://www.econbiz.de/10014403274