This book argues that poor countries need additional, cross-border capital channeled to the private sector for employment generation, growth, and poverty reduction. For that, innovative financing mechanisms are necessary. The volume brings together various market-based innovative methods of...

Secularization : wonder drug or financial alchemy? / Michael Klein -- Mobilising capital for the poor : how does structured finance fit in emerging markets? / Klaus Maurer -- The role of public and private investors for structured finance in emerging markets / Peter Hartig -- Structured finance...

Technical assistance is one of the key services provided by the IMF to member countries—particularly lower income countries. It covers a wide set of activities, from technical assistance to support IMF policy advice to longer-term assistance to support countries’ institutional development....

This paper identifies the factors linked to cross-country differentials in growth performance in the aftermath of social conflict for 30 sub-Saharan African countries using panel data techniques. Our results show that changes in the terms of trade are the most important correlate of economic...

This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium Development Goals, enhanced ODA must be as productive as possible. In weighing the...

This paper discusses Zimbabwe’s request for targeted lifting of the suspension of fund technical assistance. Zimbabwe’s cooperation on payments has remained poor: during the period April 2008–March 2009, the IMF received SDR 0.3 million. The government’s forward-looking policy intentions...