International Finance

Foreign Affairs Article

The IMF’s Next Five Years

Author: Robert Kahn

In the next five years, the International Monetary Fund (IMF) will face new challenges as it struggles to come to terms with a rapidly changing global marketplace and with lending rules poorly suited for the crises the institution will likely face. These challenges will force the IMF to scrutinize and adjust its lending rules. A broader issue is also at play: financial markets are becoming bigger more quickly than the institution’s resources are, and IMF rescue alone may be insufficient in the future . How the financing burden is shared with other official creditors will help determine whether the fund is an effective leader of the global effort to prevent and resolve economic crises in the coming decades.

 

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Event

Financing a New Ukraine

Speaker: Natalie Jaresko
Presider: Reuben Jeffery III

Ukrainian Finance Minister Natalie Jaresko discusses her country’s economy, including its ambitious reform agenda and recent International Monetary Fund package.

See more in Europe; International Finance

Foreign Affairs Article

Leaders Indicating

Author: Ruchir Sharma

The normal rhythm of politics tends to lead most nations’ economies around in a circle, ashes to ashes. This life cycle starts with a crisis, which forces leaders to reform, which triggers an economic revival, which lulls leaders into complacency, which plunges the economy back into crisis again.

See more in Global; International Finance