Proposal for an IMF Debt Refinancing Subsidiary

In the chapter, Haq analyses the deepening developing country debt problem of the 1980s and outlines the essential elements for an acceptable solution to the problem. To Haq, IMF seemed to be the most appropriate international intermediary to manage this. Haq goes on to outline the specifics of how the role of the IMF could be modified to find long-term solutions for managing developing-country debt.

Author(s):  
Charles Collyns ◽  
Kevin Kuruc ◽  
Shinji Takagi

This chapter presents an assessment of the IMF’s role in countries in fragile and conflict-affected situations, drawing primarily on the findings of a recent evaluation report by the Independent Evaluation Office. The IMF is widely acknowledged to have made significant contributions to helping build core economic policy institutions, achieve macroeconomic stability, and promote macro-critical reforms in these countries. Quantitative analyses based on a “dynamic” list of fragile states suggest that the IMF’s program engagement has been positively associated with increased tax revenue, higher GDP growth, and greater official aid inflows. Even so, the IMF’s business model, focused on short-term macroeconomic stabilization, has a tendency to treat fragile states like any other country and does not always fit well with their long-term sustained development needs. The chapter argues that the IMF’s support for fragile states has yet to achieve its full potential and identifies areas where effectiveness can be strengthened.


1993 ◽  
Vol 30 (2) ◽  
pp. 138-142
Author(s):  
R. G. Harris

Experiences in providing an educational consultancy in a developing country This paper examines an educational consultancy in Nigeria. It describes areas such as the resources available, teaching methods, the role of the consultant and long term support. A brief checklist for those undertaking similar consultancies is also given.


2021 ◽  
Vol 1 (1) ◽  
pp. 13-32
Author(s):  
Lena Farsia

The International Monetary Fund (IMF) has a primary role in providing financial support to countries facing financial crises, such as the 1998 world financial crisis. The situation has brought an enormous impact on developing countries, particularly Indonesia. This paper explores the role of The IMF and maps out the problems related to the financial crisis and its impact on Indonesian political reforms. It will be done by compiling the milestones in chronological order from 1997 until 2017. It also aims to examine the lending policies of the International Monetary Fund, which brings a country like Indonesia becomes addicted and difficult to survive or improve in its economic development. There will be an understanding of how the actual process happens. It can be used as an instrument to assess whether the existence and role of the IMF in Indonesia have a better or harmful impact on the long-term economic development of Indonesia.   Keywords: The International Monetary Fund (IMF), Economic Development, Financial Crisis


Author(s):  
Kadiann Hewitt-Thompson ◽  
Donnette Wright

This paper sought to discuss how children in developing countries are coping with the social, emotional and financial impact of the COVID-19 pandemic on their daily lives. Additionally, the evidence presented will increase awareness that children also experience varying impact of COVID-19 and provide guidance about coping mechanisms that may change the course of the impact and limit long term effects of the pandemic on them. It also explored the psychosocial influence of social determinants of children living in a developing country, the impact on their academic continuity and the role of parents in supporting children. Finally, the paper proposes pragmatic recommendations for achieving optimal social outcomes for children who experience pandemics.


2013 ◽  
Author(s):  
Francesca Menegazzo ◽  
Melissa Rosa Rizzotto ◽  
Martina Bua ◽  
Luisa Pinello ◽  
Elisabetta Tono ◽  
...  

2015 ◽  
Vol 75-76 ◽  
pp. 137-141
Author(s):  
P. André ◽  
V. Könyves ◽  
A. Roy
Keyword(s):  

2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.


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