The IMF rings more warnings about the costs of having an oversized financial sector, but fails to recommend stronger controls on the banking sector.
The Independent Evaluation Office (IEO) announces new evaluation on the IMF's response to the global financial crisis
Detailed analysis of the communiqués from the 2013 World Bank and IMF annual meetings.
Forecasting models are crucial to how the Fund performs its role as lender and global economic monitor, but the assumptions underpinning these models are frequently derided as unrealistic.
The Fund has had to conduct another embarrassing “U-turn” to warn of the growing risks to the stability of developing countries, while cautiously accepting the need for capital controls in principle, but not necessarily in practice.