Mar 29, 2012

Charades at the World Bank and IMF

by Uri Dadush and Moises Naim

The scandal over the repellent way the World Bank president is appointed has obscured an equally scandalous situation: the appointment process of the rest of the senior managers at the bank and the International Monetary Fund. They too are selected through opaque, quota-driven negotiations ...

Jan 12, 2012

A way out of the debt crisis

Loss of confidence in the financial conditions of eurozone countries with mounting debts has destabilized financial markets, and the uncertainty now threatens to put the global economy in jeopardy. Amid the crisis, Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France met ...

Nov 25, 2010

Surviving the currency competition

by Shinji Fukukawa

The yen’s exchange value is considered likely to top the rate of ¥79.75 to the dollar registered in 1995 for an all-time high sooner or later. At a meeting that ended Oct. 23, Group of 20 finance ministers and central bank governors managed to ...