Finance & Development, September 2008.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. External Relations Department.

Contributor:

International Monetary Fund, Contributor.

Series:

Finance & Development; Finance & Development ; No. 0045/003

Finance & Development

Language:

English

Subjects (All):

Finance.

International finance.

Structural adjustment (Economic policy).

Physical Description:

1 online resource (60 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2008.

Language Note:

English

Summary:

The September 2008 issue examines key issues facing low-income countries, including how they should respond to high oil and food prices. Some African economies are now successfully attracting international investors and are seen as a new tier of "frontier" emerging markets. Separate articles look at problems of aid effectiveness, aid predictability, and aid fragmentation. Other articles include an account by Eswar S. Prasad and Raghuram G. Rajan of their new report on financial sector reforms in India; Martin Ravallion and Dominique van de Walle draw lessons on reducing poverty from Vietnam's agrarian reforms; Sanjeev Gupta and Shamsuddin Tareq make a strong case for sub-Saharan countries to mobilize their domestic revenue bases. In addition, Simon Willson profiles Beatrice Weder di Mauro, the first woman on Germany's Council of Economic Experts; and the outgoing IMF Chief Economic Simon Johnson talks about the new drivers of global growth-emerging markets.

Contents:

Cover; Contents; DEPARTMENTS; Letters; Mindset adjustment; Macroeconomists, you call them?; Taylor's success; Leveraged investing at root of crisis; In Brief; Spending on the MDGs; Power in the wind; People in Economics; Simon Willson profiles Beatrice Weder di Mauro; FEATURES; THE ROAD AHEAD FOR LOW-INCOME COUNTRIES; The Next Frontier: Low-income countries gain ground in a globalized world, but they still face major challenges; Improving the Effectiveness of Aid: A proliferation of donors and projects has made the governance of aid more problematic

Point of View: A Work in Progress: The Paris Declaration renews focus on aid reform but is still donor-centricNext Generation Financial Reforms for India: A new report advocates a shake-up in India's financial system to underpin growth; Dialogue Box: What's the single thing most likely to double living standards in poor countries over the next decade?; The Rise of Africa's "Frontier" Markets: A number of sub-Saharan countries are beginning to attract investors to their financial markets; Managing Aid Surprises: Countries cannot make full use of aid when it is unpredictable

Land and Poverty in Reforming East Asia: Lessons from Vietnam's agrarian reformsPicture This; Economic Forecasts: Hard to Rely On?; Mobilizing Revenue: Strengthening domestic revenue bases is key to creating fiscal space for Africa's developmental needs; Back to Basics; What Is Securitization?; Book Reviews; Reputation and International: Cooperation: Sovereign Debt across Three Centuries, Michael Tomz; Decline to Fall: The Making of British: Macro-Economic Policy and the 1976 IMF Crisis, Douglas Wass

Argentina: An Economic Chronicle: How One of the Richest Countries in the World Lost Its Wealth, Vito TanziStraight Talk; Simon Johnson: Emerging Markets Emerge: Emerging markets are now a key determinant of global growth. This is good news-and a potential problem; Country Focus: Vietnam

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612844829

9781462350223

1462350224

9781452734200

1452734208

9781282844827

1282844822

9781451966923

145196692X

9781451922394

1451922396

OCLC:

870245364