Market & Economy

Magazine articles on market level and economy, market sectors, international markets, growth vs. value.

Old Articles: <Older 181-190 Newer>

Finance & Development June 1, 2002 Sanjeev Gupta	Is the PRGF Living Up to Expectations? When the IMF launched the Poverty Reduction and Growth Facility (PRGF) in 1999, it envisaged some far-reaching changes in its operations. But is this new facility living up to expectations?
Finance & Development June 1, 2002 Emanuele Baldacci	Financial Crises, Poverty, and Income Distribution How do financial crises affect income distribution and the poor? A recent IMF study shows that poverty rises and, in some cases, so does inequality -- underscoring the need for adequate and flexible safety nets, ideally in place before crises strike.
Finance & Development June 1, 2002 Mohsin S. Khan & Sunil Sharma	Reconciling Conditionality and Country Ownership For the international community, one of the biggest challenges is how to reconcile the need for more country ownership of adjustment and reform programs with the need for conditions on IMF loans.
Finance & Development June 1, 2002 Catherine Pattillo	External Debt and Growth Reasonable levels of external debt that help finance productive investment may be expected to enhance growth, but beyond certain levels additional indebtedness may reduce growth. An IMF study estimates two critical turning points.
Finance & Development June 1, 2002 Michael Kremer & Seema Jayachandran	Odious Debt Many developing countries are carrying debt incurred by rulers who borrowed without the people's consent and used the funds either to repress the people or for personal gain. A new approach is warranted to prevent dictators from running up debts and looting their countries.
Finance & Development June 1, 2002 Peter S. Heller & Sanjeev Gupta	Challenges in Expanding Aid Flows The international community is calling for an increase in foreign development aid to 0.7 percent of industrial country GNP from 0.24 percent of GNP at present. But a large increase in aid flows could pose a number of challenges for the poorest countries.
Finance & Development June 1, 2002 Liam Ebrill	The Allure of the Value-Added Tax The VAT began life in developed countries of Europe and Latin America but, over the past 25 years, has been adopted by a vast number of developing and transition countries. A recent IMF study concludes that the VAT can be a good way to raise resources and modernize the overall tax system.
Finance & Development June 1, 2002 Pradeep K. Mitra & Marcelo Selowsky	Lessons from a Decade of Transition in Eastern Europe and the former Soviet Union A decade after the dissolution of the Soviet Union in late 1991, some transition economies are performing far better than others. Reducing barriers to entry is not enough -- hard budget constraints must also be imposed on the old money-losing state-owned enterprises.
Finance & Development June 1, 2002 Angus Deaton	Is World Poverty Falling? Using the same data, two reports released less than two years apart by the World Bank reached apparently different conclusions on whether world poverty was going up or down. How can we know whether the world poverty counts are accurate?
Finance & Development June 1, 2002 Kenneth S. Rogoff	Why Are G-3 Exchange Rates So Fickle? The mystery of the volatility of the world's three key currencies continues, despite leading economist Rudiger Dornbusch's path-breaking insights.
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