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Debt Sustainability

Avoiding Another Year of Living Dangerously: Time to Secure Financial Stability

José Viñals | Posted 06.13.2011 | Business
José Viñals

We've slipped well beyond a year and the financial system is still flirting with danger. Durable financial stability has, so far, proven elusive.

Shifting Gears: Where the Rubber Meets the Fiscal Road

Carlo Cottarelli | Posted 06.13.2011 | Business
Carlo Cottarelli

Countries are starting the climb the fiscal adjustment mountain, cutting back government deficits and debt levels, but according to our analysis, current plans often aren't enough to get countries where they need and want to go.

Bridges to Growth, Not Roads to Nowhere: Scaling Up Infrastructure Investment in Low-Income Countries

Hugh Bredenkamp | Posted 05.25.2011 | World
Hugh Bredenkamp

For low-income countries, the absence of reliable infrastructure -- roads, railways, ports, but also power supply -- has become an increasingly binding constraint on growth.

Financial System Fragilities - Achilles' Heel of Economic Recovery

José Viñals | Posted 05.25.2011 | Business
José Viñals

For emerging market policymakers, the main challenge will be to tackle the macroeconomic and financial challenges of sizable, and potentially volatile, capital inflows

Watch this (Fiscal) Space: Assessing Room for Fiscal Maneuver in Advanced Countries

Jonathan D. Ostry | Posted 05.25.2011 | Business
Jonathan D. Ostry

Public debt sustainability in most advanced economies used to be a non-issue, or at most a back-burner one. A couple years back, if the topic came up,...

The Priority of Growth and Jobs -- the IMF's Dialogue With the Unions

Dominique Strauss-Kahn | Posted 05.25.2011 | Business
Dominique Strauss-Kahn

While the IMF and the labor movement might have some differing views, our goals are ultimately the same -- standing against narrow domestic interests, against nationalism, against war. And standing for better living standards for all, and for peace.