The World Bank is to forgive $12.24 billion in IDA debt payments from HIPC borrowers. It has received $1 billion from … the HIPC Trust Fund to help offset these losses, but still has a $11.6 billion unfunded liability. The IMF has gold worth … $38 billion on hand for which it has no actual use. This article proposes that a small portion of IMF gold be sold …

rule. Following earlier work, we look at the gold standard era (1880-1914) as a "natural experiment" to test whether … adoption of a rule-based monetary framework such as the gold standard increased policy credibility. On the basis of the largest … view that gold standard adherence worked as a credible commitment mechanism that was rewarded by financial markets with …

rule. Following earlier work, we look at the gold standard era (1880-1914) as a "natural experiment" to test whether … adoption of a rule-based monetary framework such as the gold standard increased policy credibility. On the basis of the largest … view that gold standard adherence worked as a credible commitment mechanism that was rewarded by financial markets with …