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International Monetary Fund (IMF)

Banking crises bring longer downturns

Financial turmoil characterised by banking distress is more likely to result in severe and protracted downturns than crises caused by volatility in securities or foreign exchange markets, new research from the International Monetary Fund posits.

Our outdated global monetary regime must go

From its roots in post-war reconstruction, the current international monetary system has evolved into a regime fundamentally unsuited to the realities of today's global economy. But it cannot last, writes Ousmene Mandeng

IFI programmes unsuitable

The model used by international financial institutions and donors in providing support for budgetary improvement programs is inappropriate and has limited effectiveness, research from the International Monetary Fund posits.

China stockpiling gold

China has increased its gold reserves by 76% since 2003, said Hu Xiaolian, a vice president of People's Bank of China and the administrator of the State Administration of Foreign Exchange, on Friday.

DSK: a mandate for change

The G20 summit in London has created a mandate for change, said Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF).

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