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International Monetary Fund

Minor Explosion Rattles IMF Headquarters In Paris

Reuters | Alana Horowitz | Posted 03.16.2017 | World

A female employee of the International Monetary Fund was injured in the face and arms on Thursday when a letter bomb posted to the world lender’s Pa...

Ukraine: Reflections on Maidan's Third Year Anniversary, Youth Culture and Bernie Sanders

Nikolas Kozloff | Posted 01.24.2017 | World
Nikolas Kozloff

Two years ago, during my first research trip to Kyiv, I had the honor of meeting one of Maidan's most dedicated youth activists, Denis Pilash. A post...

As Another Economic Crisis Approaches, Greece and Euro Should Consider a Divorce

Doug Bandow | Posted 01.21.2017 | World
Doug Bandow

ATHENS, GREECE--Constitution Square has been uncommonly quiet. When looking at the parliament building from my hotel window last month all I could see...

IMF Chief Lagarde Found Guilty In French Tycoon Payout Trial

Reuters | Nick Robins-Early | Posted 12.19.2016 | World

PARIS, Dec 19 (Reuters) - French judges convicted IMF chief Christine Lagarde on Monday of negligence for a state payout made while she served as Fran...

The Calculus Of Conflict In The Middle East

Christine Lagarde | Posted 09.16.2016 | World
Christine Lagarde

As world leaders head to New York this week for the United Nations General Assembly, there is still no end to the heartbreaking images of war-torn cities in the Middle East and North Africa, and of a massive exodus of people looking for sanctuary and opportunities to sustain a livelihood.

Will The IMF Become Irrelevant Before It Changes?

Mark Weisbrot | Posted 08.30.2016 | World
Mark Weisbrot

It's nice to see that a few IMF economists finally recognize some of the failures of neoliberalism. In recent years there has been some other research at the Fund that acknowledged major mistakes.

Bahrain's Money Talk

Brian Dooley | Posted 08.10.2016 | World
Brian Dooley

Money talks in Bahrain. In fact it never really shuts up. The ruling family continues to splurge on a series of vanity projects despite a growing clamor of alarm from international analysis warning that the tiny island kingdom's finances are fast swirling down the toilet.

As Climate Change Hits Economies, Small Island States Turn to Selling Passports

Till Bruckner | Posted 07.28.2016 | Business
Till Bruckner

Such economic citizenship programmes, which are being run by several small island states in the region, have raised concerns that terrorists, criminals and other shady characters could buy Caribbean passports to evade justice, slip into Europe and North America through the back door, or squirrel away billions in stolen public money in tropical tax paradises.

A Fresh Look at Globalization

David Lipton | Posted 06.27.2016 | World
David Lipton

Surely, it is too soon to understand all the ramifications of the British referendum. But at the same time, today is surely a good day to make the case for multilateralism.

The US Economy: Above 2, Below 5, and 4 P's

Christine Lagarde | Posted 06.23.2016 | Business
Christine Lagarde

The U.S. economy is in good shape, despite some setbacks in very recent months. The latest IMF review of the U.S. economy can be summed up in three numbers: above 2, below 5, and 4. What does that mean?

IMF Economists Discover Some of the Big Failures of Neoliberalism: About Time

Mark Weisbrot | Posted 06.03.2016 | World
Mark Weisbrot

The International Monetary Fund (IMF) has gotten some attention in the past week for the publication of an unusual article in its quarterly magazine, Finance and Development.

The Abhorrent and Detestable International Treatment of Greece

Evaggelos Vallianatos | Posted 05.24.2016 | Home
Evaggelos Vallianatos

Modern Greece is not a model of virtue. No country is. But to understand the current Greek tragedy brought about largely by the European Union and Ame...

Burma: Will International Financial Institutions Get It Right this Time?

Tim Ryan | Posted 04.15.2017 | World
Tim Ryan

After decades of dictatorship, mismanagement and isolation, Burma has caught the eye of corporations and investors seeking new markets, opportunities and other links in their supply chains.

Multilateral Development Banks Still Failing to Solve Energy Poverty

Vrinda Manglik | Posted 04.15.2017 | Green
Vrinda Manglik

As the World Bank and International Monetary Fund meet in Washington, DC this week, members of civil society are asking: why are multilateral developm...

IMF Warns Brexit Could Deal Blow To Global Economy

Reuters | Jesselyn Cook | Posted 04.12.2016 | World

LONDON (Reuters) - Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union, the International Monetar...

On the Road: Davos and Gender Parity

Omar K. Alghanim | Posted 03.16.2017 | Business
Omar K. Alghanim

Gender parity is the ultimate goal, but we are not just talking about surface matters like child care and maternity leave policies. We are talking about building a corporate environment that is conducive to the equal contribution and success of both women and men.

Lessons From Seychelles

Sriya Chakravarti | Posted 12.16.2016 | Travel
Sriya Chakravarti

Although, Seychelles is a natural beauty and a paradise of a sort, it is yet to be explored to its full potential for the growth and benefit of all people.

Could Leaving Openings Unfilled in High-pay Career Field That Needs Workers Now Derail Economy?

Thom Senzee | Posted 12.02.2016 | Business
Thom Senzee

The federal highway transportation bill congress passed earlier this month was touted by some as a post-Boehner, bipartisan compromise. But it wasn't long before the bill was criticized as anemic and a missed opportunity to go big.

Migration: A Global Issue in Need of a Global Solution

Christine Lagarde | Posted 11.11.2016 | World
Christine Lagarde

To support additional public services for refugees, countries neighboring conflict zones will require more financial resources. The international community must play its part. With the IMF's support, for example, Jordan has been able to adjust its fiscal targets to help meet this need. Ultimately, however, one thing is very clear: No country can manage the refugee issue on their own. We need global cooperation.

Empowering Women, Tackling Income Inequality

Kalpana Kochhar | Posted 11.09.2016 | Women
Kalpana Kochhar

Our new study analyzes the links between these two phenomena--inequality of income and that of gender. We find that gender inequality is strongly associated with income inequality across time and countries of all income groups.

More Proof Conservative Supply-Side Economic Policies Do Not Work!

Marvin Meadors | Posted 10.23.2016 | Politics
Marvin Meadors

Rarely do bureaucracies like the IMF admit error. In fact, the organization has long been criticized for pushing free-market oriented solutions which ignore local conditions.

Now Is the Time to Put a Price on Carbon

Christine Lagarde | Posted 10.21.2016 | World
Christine Lagarde

WASHINGTON -- In just six weeks, world leaders will meet in Paris to negotiate a new global climate change agreement. To date, some 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon dioxide emissions that are now driving global warming.

Conflicts, Refugees, and Low Oil Prices: How MENA Can Emerge From This Testing Time

Masood Ahmed | Posted 10.21.2016 | World
Masood Ahmed

In a time of entrenched conflicts and historically low oil prices, the challenges for policymakers throughout the region are steep. But that only makes finding the political will to move forward with the right reforms all the more important.

How to Manage the Commodity Roller Coaster

Vitor Gaspar | Posted 10.07.2016 | Business
Vitor Gaspar

The fiscal implications of the sharp decline in commodity prices are very large. The deterioration in the 2015 primary balance in commodity exporting countries is about 5 percentage points of GDP on average, with countries like Saudi Arabia and Venezuela experiencing a particularly sharp decline.

Global Financial Stability: Vulnerabilities, Legacies, and Policy Challenges

José Viñals | Posted 10.07.2016 | Business
José Viñals

A collective effort to deliver a policy upgrade is needed urgently to face up to rising challenges in an uncertain world, to ensure financial stability and better growth prospects. Three percent of global output is at stake.