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Cover Finance & Development
Grass Roots: From Brazil to New Zealand, local activists show that small-scale initiatives can make a difference
International Monetary Fund. Communications Department

PHOTO; COURTESY OF RAJENDRA SINGH

Keywords:
FD; F&D; optimization problem; cost; industrialized warfare; Atlantic forest; tourism industry; tree hugger; sheep farming; desk job; Agroindustries; Climate change; Central Africa
Cover Finance & Development
The Impact of Development: The Ex-Desert of Northwest Mexico
David C. Fulton

Articles in Finance and Development generally deal with the world’s economic problems as they appear to the generals in the operations room, or to senior officials in the field. In this series of articles, an attempt is made to give some glimpses of development as it affects the lives of the private soldiers of development.

Keywords:
FD; F&D; country; capital; transaction; payments arrangement; irrigation district; irrigation water; colonia Michoacán; vegetable crop; irrigation engineer; Water resources; Housing; irrigation program
Cover IMF Survey
Interview with Sala-i-Martin: Openness, market-friendly institutions, and flexibility are important ingredients for growth
International Monetary Fund. External Relations Dept.

During July 23-27, the IMF Institute offered a course on economic growth as part of its in-house training program. Xavier Sala-i-Martin, Professor of Economics at Columbia University, came to the IMF for the seventh time to discuss growth from a theoretical and empirical perspective. As on previous occasions, there was a large demand for this very popular course. Sala-i-Martin spoke with the Alicia Jiménez of the IMF Institute about the main factors that need to be present in order to stimulate growth.

Keywords:
SV; IMF's website; IMF mission; Horst Köhler; IMF staff country report; sc; a lot of countries leaving; IMF's job; growth effort; question people; people in the country