Read all posts for ‘IMF’

Despite a recent rise in its foreign reserves, Egypt is clearly suffering from an economic crisis as evidenced in its spiralling budget deficit that has now  reached around 12% of GDP. As political instability continues, the crisis persists while the government seeks to stem it by taking loans from various […]

What is the difference between austerity policies and the politics of austerity? At a time when Europe is pondering how to deal with its debt crisis problem, we look back at the experience of Latin America during the 1980s Latin American debt crisis. Understanding what happened then, and recognizing the advances in economics and government, may yield some lessons for Europe.

Our blogger Michael Carbone reports about the Bertelsmann Foundation’s fifth annual conference which focuses on economic growth through innovation, global financial governance and the eurozone crisis: “System Upgrade: Time for an Economic Reboot“. Today’s international monetary system is too flexible and lacks necessary coordination amongst the central banks of major […]

The fourth annual Bertelsmann Foundation-Financial Times financial conference was held April 18-19, 2012 in Washington, DC. The event kicked off with an evening reception for more than 400 people at the US capital’s National Portrait Gallery. IMF Managing Director Christine Lagarde was the guest of honor and spoke to participants […]

Since the end of the 1970s, the International Monetary Fund (IMF) and the World Bank have advised developing countries to adopt pro-growth policies, supposed to be a vector for jobs and well-being. But in many cases, these reforms have led to growth without jobs. The English economist John Williamson named […]