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International Monetary Fund (IMF)

Comment: IMF under fire again

Writing in the Financial Times yesterday eminent economist, Michael Mussa, who served as economic counsellor and director of the department of research at the International Monetary Fund from 1991-2001, joined the chorus of voices arguing that the Fund…

IMF paper on inflation-targeting central banks

The IMF Working Paper "Governance structures and decision-making roles in inflation-targeting central banks" surveys decision-making roles of governing bodies of central banks that have formally adopted inflation targeting as a monetary framework.

IMF endorses adjustment to (AML/CFT) program

The IMF said on Thursday 22 September that it has endorsed an adjustment of the IMF's anti-money laundering/combating the financing of terrorism (AML/CFT) program to focus more on tackling the challenges faced by countries implementing standards and…

The political economy of seigniorage

While most economists agree that seigniorage is one way governments finance deficits, there is less agreement about the political, institutional, and economic reasons for relying on it, according to the IMF Working Paper published Tuesday.

IMF's clout and relevance wane

As finance ministers and central bankers from around the world gather in Washington this week for the IMF's annual meetings, the organization finds its relevance waning, this article published on Monday 19 September reports. The Fund may need to define a…

Report says IMF to cut US growth outlook

The International Monetary Fund expects the United States economy to grow less than previously expected this year and next, but will upgrade Japan's growth prospects on its upcoming world economic scorecard, German newspapers said over the weekend.

IMF Staff Papers, Vol 52, No 2, 2005

The latest issue of the IMF Staff Papers published Monday 12 September includes a special section on Central Bank Financial Strength, presenting a collection of papers including "Central bank financial strength, transparency, and policy credibility".

The IMF must redefine its role to stay relevant

In a commentary published on Wednesday 14 September International Monetary Fund managing director Rodrigo de Rato said although globalisation has brought enormous benefits in growth and efficiency, cross-border financial crises have heightened the…

IMF says ECB rate cut not necessary yet

The European Central Bank is following a "broadly appropriate" monetary policy, and has no reason to cut interest rates at present, the International Monetary Fund's most senior European official said on Tuesday 13 September.

Comment: More autonomy for the PBOC?

The IMF board is plainly split on what attitude to adopt towards China's exchange rate policy but has come out usefully supporting moves to give the People's bank of China more discretion in setting interest rates.

IMF postpones Zimbabwe expulsion

The Executive Board of the International Monetary Fund reviewed Zimbabwe's overdue financial obligations to the IMF on 9 September and further considered the Managing Director's complaint regarding Zimbabwe's compulsory withdrawal from the IMF.

Interview with IMF's Rodrigo de Rato

In an interview published this week IMF managing director Rodrigo de Rato warns that high oil prices could halt Korea's economic recovery. He also says sluggish export growth could put a brake on the recovery.

G20 will include IMF, World Bank reform talks

The agenda for October's meeting of the Group of 20 finance ministers and central bank chiefs will include reform of the IMF and World Bank, deputy finance minister Li Yong told the official Xinhua news agency.

Central banking and supervisory challenges

The IMF is holding a conference 'Financial Stability - Central banking and supervisory challenges' in Washington on 6-7 September. The conference will address key financial stability issues posing challenges to central bankers and supervisors around the…

IMF's Rajan on the Greenspan era

In the speech 'The Greenspan era: Lessons for the future' given on 27 August Raghuram Rajan of the IMF said that financial markets are at present in extremely healthy shape.

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