Search Results for "IMF" : 18

by / on December 8, 2010 at 2:56 pm / in Issue, Main Menu, World

Liberia’s Next Top Model?

…and even counter signatory authority on all operational and financial matters. This in no way implies that this IMF-placed foreign expert has any control of the monetary policy of the Liberian state (the IMF, through its loan attachment policies, already controlled much of that in any case). Rather, it means that, once the monetary policy is set, he or she ensures that it runs smoothly and effectively by setting deadlines, regulations and proced…

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by / on October 14, 2012 at 10:05 pm / in Opinion, World

Back in Red

…und from 2007 to 2011, at the height of the sovereign debt crisis. When he stepped down from his position at the IMF, economist Eswar Prasad remarked that the IMF would “find it hard to find as effective and skilful an advocate for keeping the institution central to the global monetary system.” Our very own Joseph Stiglitz referred to DSK as a “sagacious leader” and, in lauding his diplomatic aptitude, Simon Jonson dubbed him “Mettern…

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by / on September 19, 2012 at 8:30 pm / in Opinion, World

The Numbers Game

…ent a year, though official national figures present estimates of an inflation of 10 percent at most. Today, the IMF has given the country an ultimatum (December 17) to respond to skepticism of all international economists and agencies about its official figures. If the deadline is not met, Argentina may be censured by the IMF, and, even worse, forced to quit the IMF. Argentina is the only country of the G-20 that refuses to let the IMF to do its…

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by / on October 24, 2011 at 12:44 am / in Cover Story, Domestic, Latin America, World

Acknowledging the Americas

…island. Last, but perhaps most importantly, the administration must push toward reform in the governance of the IMF. The IMF and the US operated hand-in-hand in the region in the 1980s and 1990s; by pushing for extension of the body’s governance to include more developed countries, the US could more concretely distance itself from those highly criticized years. Each of these goals, however symbolic, will likely contribute to the restoration of L…

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by / on January 1, 2002 at 5:45 am / in Blast from the Past, Business, Campus, Domestic, New York, Protests

The Columbia Counter-Summit

…of environmental policy, for example). The International Monetary Fund also draws radicals’ ire. The role of the IMF is to act as a lender of last resort for developing countries who cannot make payments on their loans. The IMF loans, however, often come with some “conditionality” stipulating the borrowing country adopt some particular policy. The IMF demands that inflation be brought under control, and doing this often involves reduces state spe…

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by / on December 16, 2012 at 9:01 pm / in Africa, Organizations, World

Gimme, Gimme More

…vestors instead negotiate with national-level political leaders endorsed by international organizations like the IMF and the World Bank, even if these leaders do not have the support of local residents. Unfortunately for the displaced and their land, the IMF and World Bank generally back leaders who show promise to prioritize their countries’ financial concerns, particularly those related to international debt. A leader backed by international fi…

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by / on November 11, 2014 at 8:36 pm / in Africa, Current Issue, Kyle Dontoh, Web Columnists, World

An Interview with Joyce Banda

…o run around to assure the people that we would repair the economy. They were off-track when I came in, with the IMF [International Monetary Fund] program. The currency had gone under, the rate was fixed, so the black market was where you bought the actual position, the actual rate. So all that had to be corrected. During my first 100 days, that fuel was back, forex was back, companies started operating again, and we were back on track with the I…

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by / on March 26, 2013 at 7:08 pm / in Europe, Kyle Dontoh, Opinion, Web Columnists, World

Between a Rock and the Abyss

by from Wikimedia Commons After a lull in economic upheaval, the latest Eurozone nation to face a banking crisis seems now to be Cyprus. The small, Mediterranean island, better known for being divided into a Turkish North and a Grecian South than for its profligate ways, now has had its banks experience a loss of confidence from investors and consumers alike. Pressured by the European Central Bank to find a solution, the newly elected…

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by / on October 9, 2014 at 6:22 pm / in Latin America, Matthew Michaelides, Web Columnists, World

Brazil’s Uncertain Future

by Dilma Rousseff by Roberto Stuckert Filho/Presidência da República (Agência Brasil) [CC-BY-3.0-br]Aecio Neves, by PSDB MG [CC-BY-2.0] With a presidential election run-off to take place in just a couple weeks, Brazil is at a crossroads. Over the course of the first decade of the 21st century, Brazil had its cake and ate it too, with both record levels of economic growth and large decreases in inequality. Annual growth averaged 3.7 pe…

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by / on October 12, 2014 at 3:12 pm / in Campus, Events

Events 10/13 – 10/19

by Monday, October 13th Perspectives of Global Development 2014: Boosting Productivity to Meet the Middle Income Challenge 10:00am – 12:30pm International Affairs Building, Room 1501 Carl Dahlman is Head of the Thematic Division and Head of Global Development Research at the OECD’s Development Centre. Prior to joining the OECD in September 2013, he was an Associate Professor at Georgetown University’s School of Foreig…

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