Capital flows

Finance

News

IMF crisis prevention: running on the spot

Nearly ten years on from the Asian financial crisis and the IMF has yet to find a workable solution to the need for a precautionary financing arrangement that helps middle-income countries prevent financial crisis. The IMF’s inability to articulate a plan to mitigate global economic risks will force countries to continue searching for ways to self-insure.

31 January 2007

Finance

Commentary

One hand gives while the other takes: Nicaragua under IMF conditions

IMF conditionality undermines achievement of MDGs in Nicaragua

19 June 2006 | Guest comment

Finance

News

IMF director makes uninspiring choice for deputy

With the imminent departure of Anne Krueger from the post of first deputy managing director of the IMF, Rodrigo de Rato had a unique chance to move the Fund in a different direction as it looks to implement its medium-term strategic review. Instead, the managing director nominated US banker John Lipsky, maintaining the convention of keeping the top two posts at the Fund split between the transatlantic power centres.

19 May 2006

Finance

Background

Dialogue on Fund role in middle-income countries

Dialogue on Fund role in middle-income countries at the World Bank-IMF spring meetings in Washington, Thursday 20 April.

25 April 2006 | Minutes

Finance

Background

Highlights of UK NGO meeting with executive director to the WB and IMF, Tom Scholar

Brief highlights of NGO meeting with Tom Scholar, April 2006

20 April 2006 | Minutes

Finance

Analysis

Trip wires and speed bumps in service of global financial stability: A proactive role for the IMF

Under the current IMF strategic review, a "review of the effectiveness of the Fund's instruments to facilitate crisis resolution" is planned. Ilene Grabel, professor of international finance at the University of Denver, argues that the Fund must move from being a reactive institution to being a pro-active one. The IMF should use its technical expertise to mitigate the risks that culminate in financial crises, involving a programme of 'trip wires and speed bumps'.

8 April 2006 | At Issue

Finance

News

Will IMF set its sights on managing global reserves?

The managing director's report on implementing the Fund's medium-term strategy was discussed by the board 3 April and is anticipated to be released at the spring meetings. Civil society groups have been critical of the opaqueness of the process and the failure to broaden participation.

8 April 2006

Finance

News

IMF strategic review: Reform or be left behind

The IMF's strategic review portends changes in its mandate and structure, but critics charge that it does not go far enough.

21 November 2005