A workshop held on 19 March 2024 addressed issues affecting developing countries' economic situation, and how it is shaped by policies and global governance. Key subjects include the International Monetary Fund and its policies, taxes and sovereign debt. Several experts addressed different...

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. It finds a positive and statistically significant relationship between fiscal adjustment and real GDP growth that is robust to different model specifications...

A preliminary analysis of the impact of the Asian crisis shows that poverty could increase significantly in Indonesia, Korea and Thailand. The adjustment programs incorporate measures to mitigate the costs of the crisis. But if the crisis deepens, additional policy options might need to be...