International Monetary Fund (IMF)
Introducing Islamic banks - IMF paper
This paper looks at how Islamic financial institutions have been introduced in "conventional" financial systems.
Why Europe needs a banking charter
The authors of this IMF Working Paper argue that a full-fledged EU-level prudential regime that operates along-side national regimes - which they call a "European Banking Charter" - could harness market forces to establish a level playing field for…
Australia also wants wider net for Fund leader
Peter Costello, the Australian federal treasurer, has joined the international chorus urging a departure from tradition in the selection of the next head of the International Monetary Fund.
Choose Fund head on merit - Colombia's Uribe
Jose Dario Uribe, the governor of the central bank of Colombia, says it is still too early to select a candidate to head the International Monetary Fund (IMF) to succeed Rodrigo de Rato, who will leave the Fund in October.
Monetary integration in Southern Africa
This IMF working paper finds that the current Common Monetary Area (CMA) agreements between South African, Lesotho, Swaziland and Namibia, although not a full monetary union, have delivered many benefits of a full monetary union.
Mohohlo slams Fund and Bank governance deficit
In a speech to the executive directors of the IMF, Linah Mohohlo, the governor of the Bank of Botswana blasts America and Europe for what she describes as a sense of entitlement in the appointment of the heads of the World Bank and the Fund.
IMF paper on managing director appointments
A new paper from the Independent Evaluation Office of the IMF looks back at the history of appointing managing directors at the Fund.
Strauss-Kahn gets EU boost for top Fund job
Dominique Strauss-Kahn, the former French finance minister, looks set to become the next managing director of the International Monetary Fund (IMF) after receiving the support of the finance ministers of the European Union (EU). The current managing…
New French candidate for IMF emerges
A former finance minister of France, Dominique Strauss-Kahn, has emerged as one of the early favourites to become the next head of the International Monetary Fund (IMF). The current managing director, Rodrigo de Rato, announced last month that he would…
IMF paper on public debt markets
This IMF paper reviews the state of domestic public debt markets in Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panama.
No challenge to European at IMF - Paulson
The American Secretary of the Treasury, Henry Paulson, says the United States will not challenge the long-standing tradition of allowing European countires to select the new managing director of the International Monetary Fund.
IMF: global imbalances matter to Europe
According to an IMF working paper published in June, although Europe in the aggregate is a not a major contributor to global current account imbalances, its trade and financial linkages with the rest of the world mean that it will still be affected by a…
Surprise as de Rato resigns from IMF
Rodrigo de Rato, the managing director of the International Monetary Fund, has announced that he would leave the Fund after its next meetings in October. This will be three years after his appointment and before the end of the normal five-year term.
Inflationary pressures building - Fund
Inflationary pressures are "definitely building up" according to Simon Johnson, economic counsellor and director of research with the International Monetary Fund.
IMF worried about wealth fund obscurity
The International Monetary Fund has added its voice to the growing number of international financial institutions and public policy entities calling for greater transparency in the activities of sovereign wealth funds.
IMF: Romania Article IV consultation
The IMF on 25 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Romania. The Fund projected 7% (baseline) growth of real GDP in 2007, down from 7.7% (preliminary estimate) in 2006.
IMF authors on impact of remittances
In this article on remittances, published in the IMF's quaterly Finance & Development, the authors suggest that the "bottom line is that remittances cannot be a substitute for a sustained, domestically engineered development effort."
IMF mulls currency surveillance tools
Rodrigo de Rato, the managing director of the International Monetary Fund says the Fund will soon announce more details above its new surveillance system for foreign exchange policies, which will make clear to member countries what is "acceptable to the…
Give Asia its due - Zeti
Malaysia's central bank governor, Zeti Akhtar Aziz, says Asia's increasing role in the global economy underlines the case for the continent being proportionately represented in the international financial community.
Reforming the IMF
The latest meeting of the IMF's executive board discussed key elements of the Fund's reform agenda: modernising its surveillance or economic oversight, bringing members' voting shares in line with their economic weight, developing a sustainable income…
Asia ten years on - IMF's Burton
Ten years after Asia's financial crisis it is the most dynamic region in the global economy, observed David Burton, the IMF's director for Asia and the Pacific, in a speech in Singapore.
Regulatory concerns knock Chinese shares
China's stock market closed 8.26% down on Monday 4 June as worries that the government is about to take further measures to cool the economy triggered a major sell-off.
IMF's Article IV consultation with Switzerland
The IMF on 4 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Switzerland. The Fund projected 2% growth of real GDP in 2007, down from 2.7% in 2006.
Kroszner on risks and outlook for US economy
Economic growth will in the US pick up through 2007, rising to close to potential by 2008, said Randall Kroszner, a member of the Board of Governors, at the spring meeting of the IIF in Athens, adding that the risks to the inflation outlook are primarily…