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Measure to Measure: The Effect of Fiscal Policy on Growth and Stability
Vitor Gaspar is Director of the Fiscal Affairs Department of t...
Does fiscal policy respond systematically to economic activity? Can fiscal policy promote macroeconomic stability? Does greater stability support stronger growth? The answer is yes on all counts.
Mideast Braces Itself for a Multi-Year Transition
Director, IMF’s Middle East and Central Asia Department
2011 has not been an easy year for many countries in the Middle East and North Africa. The combination of domestic unrest and external uncertainty has resulted in a marked downturn in economic activity, and this is expected to pick up only gradually.
BRICs and Mortar -- Building Growth in Low-Income Countries
The so-called BRIC nations -- Brazil, Russia, India and China -- could be a game changer for how low-income countries build their economic futures.
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