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Tag Archives: capacity development

Charting a Path for a Resilient Recovery in Sub Saharan Africa

By Kristalina Georgieva and Abebe Aemro Selassie Perhaps first among the many lessons of 2020 is that the notion of so‑called black swan events is not some remote worry. These purportedly once‑in‑a‑generation events are occurring with increasing frequency. Take climate‑related shocks, especially in sub‑Saharan Africa. More than any other region, it is vulnerable to these events because of its heavy dependence on rain‑fed agriculture and its limited ability to adapt to shocks. Every year, the...

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Strengthening Economic Institutions for a Resilient Recovery

By Antoinette Sayeh Exceptional times call for exceptional action. In response to COVID-19, the IMF has moved with unprecedented speed and magnitude of financial assistance to help countries protect lives and livelihoods. Economic stabilization and a sustainable recovery, however, will require more than financial assistance. For recovery to be sustainable, policymakers will need to strengthen economic institutions that enable resilient, inclusive policies. Strengthening economic foundations...

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Fiscal Policies to Protect People During the Coronavirus Outbreak

This blog is part of a special series on the response to the coronavirus. By Vitor Gaspar and Paolo Mauro A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as the recent outbreak of the coronavirus. The IMF has $50 billion available in rapid-disbursing emergency financing to help countries suffering from the virus. As Managing Director Kristalina Georgieva said, what we want is to guarantee that people are not going to...

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Quiz About the IMF

By IMFBlog Christine Lagarde, IMF Managing Director, says the IMF is an institution with a brain, a wallet, and a heart. How much do you know about us? Take our new quiz to test your know-how of the ins and outs of what we do and how we do it.      

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Give Today’s Children a Chance

By  Christine Lagarde and Vitor Gaspar September 24, 2018  中文  Français Children in early childhood education in Indonesia: more money put into education helps countries achieve their Sustainable Development Goals (Photo: Ajun-Ally/Pacific Press/Newscom) World leaders are gathering at the United Nations to discuss how to deliver on development for all that is economically, socially, and environmentally sustainable—“The 2030 Agenda for Sustainable Development,” and its 17 Sustainable...

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5 Things You Need to Know About the IMF and Climate Change

By Ian Parry June 8, 2018 Version in 中文,  Русский  A polar bear on shrinking ice in the Arctic: climate change means the world is getting hotter (photo: Sven-Erik Arndt/Newscom) The world is getting hotter, resulting in rising sea levels, more extreme weather like hurricanes, droughts, and floods, as well as other risks to the global climate like the irreversible collapsing of ice sheets.  Here are five ways the IMF helps countries move forward with their strategies as part of...

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Staying Ahead of the Next Crisis: Improving Collaboration with Regional Financing Arrangements

By Petya Koeva Brooks, Pragyan Deb, and Nathan Porter December 21, 2017 Version in 中文 (Chinese) Festival of lights in Chiang Mai, Thailand: Regional financing arrangements, such as the Chiang Mai Initiative, are playing a growing role in crisis prevention (photo: Tejas Tamobhid PATNAIK/newzulu/Newscom) A decade ago, regional financing arrangements played a limited role in the global financial safety net. However, the global financial crisis has drastically changed the landscape....

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Central, Eastern, and Southeastern Europe: Harnessing the Power of Good Governance

By Poul Thomsen July 27, 2017 Dubrovnik, Croatia. Countries in the region should continue working on good governance for higher growth (photo: Album/Prisma/Newscom) In many ways, Central, Eastern, and Southeastern Europe is an incredible success story. In less than a generation, countries moved from centrally-planned economies to market-based ones—transforming their legal systems, public administrations, and economic policies, to name a few key elements. Yet, for the sake of higher...

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