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International Monetary Fund. Communications Department
Finance & Development, December 2020
International Monetary Fund. External Relations Dept.
Finance & Development, December 2017
International Monetary Fund. External Relations Dept.
Finance & Development, December 2017
International Monetary Fund. External Relations Dept.
Finance & Development, December 2017
International Monetary Fund. External Relations Dept.
Finance & Development, December 2017
International Monetary Fund. External Relations Dept.
This paper analyzes that although demands for political transformation commanded the world’s attention, those calls were largely motivated by unresolved socioeconomic issues. Demonstrators in the streets of Cairo and Tunis demanding bread, dignity, and social justice expressed widely held aspirations for basic economic rights, along with greater prosperity and equity. Almost seven years later, notable progress has been achieved in terms of public finance reforms. However, these reforms still have a long way to go to reduce disparities in the distribution of wealth within most countries of the region or narrow the development gaps between them. Countries in the Middle East and North Africa now face a stark choice between short-term retrenchment and resolute pursuit of the long-term reforms needed to secure their future economic prosperity. Forsaking important economic adjustments needed to strengthen inclusive growth and modernize the state and private sectors would set the region back, possibly for decades.
International Monetary Fund. External Relations Dept.
Finances & Développement, septembre 2015
International Monetary Fund. External Relations Dept.
Finanzas y Desarrollo, septiembre de 2015
International Monetary Fund. External Relations Dept.
This chapter presents the point of view and ideas of Sabina Alkire, an economist. Alkire wants the Multidimensional Poverty Index to be part of a data revolution to guide the fight against poverty. According to Alkire, learning to meditate soothed away what she describes as the temper tantrums of her childhood. The chapter also highlights the fact that an index is only as good as its underlying data, and in emerging market economies that quality is often inadequate. The quest for better poverty metrics coincides with growing doubts about the ability of conventional statistics, especially GDP, to gauge economic growth in the digital economy, let alone well-being, welfare, and environmental sustainability.
International Monetary Fund. External Relations Dept.
Finances & Développement, mars 2015