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May 2006

Asia's Winds of Change

Ignacio Hernandez's picture

The June issue of IMF's Finance and Development magazine is out. Focus is on Asia.


In Asia's Winds of Change, David Burton, Wanda Tseng, and Kenneth Kang analyze Asia's growth over the last 50 years, the crisis in the late 1990s and the new challenges of globalization.


This is their take on Growth and Poverty in Asia.


A development lottery

Malawi is the latest country to set up a national sweepstake, aiming to use some of the proceeds to fund development projects, but do state lotteries really work?

That’s what the BBC is asking you. Doesn’t make sense to me.

I don’t know much about this, but this sounds like a terrible idea because:

Private sector roles in fighting corruption

Fighting corruption with a multidimensional approach is picking up more speed.  At a recent conference in Hong Kong, sponsored by the Independent Commission Against Corruption, the gathering challenged some of the common notions of measuring corruption, focused on evidenced based policy, and looked at the roles that the private sector can and needs to play to reduce corruption.  Some 400 business and policy leaders from around the world recognized that closer engagement with associations of businesses, including small and medium-scale entr

Dialogue for better policy design

If you wonder how to put oil in your reform engine, see the latest on The proceedings of the workshop held in Paris earlier this year present the Charter of Good Practice in Public-Private Dialogue, which was drafted in real-time by practitioners from 30 countries.

Arvind Subramanian interviews Paul Krugman

Economics made Paul Krugman famous. Punditry has made him a celebrity, famous for being famous… as public persuader [he] was so successful that the New York Times offered him an op-ed column, the most prestigious piece of real estate in mainstream U.S. journalism. Almost by accident, he moved from demystifier of arcane economics to hard-hitting political commentator…

Poisonous profit

The slime from a poisonous Brazilian tree frog has united Amazonian village elders and shamans with the Brazilian government. The story touches everything from biopiracy and the economics of the global pharmaceutical industry to the future of WTO trade talks.