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Convergence, Crisis, and Capacity Building in Emerging Europe
by Nemat Shafik Central, Eastern and Southeastern Europe has been through a lot. In two short decades, the region moved from a communist planned system to a market economy, and living standards have...
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Growing Institutions? Grow the People!
By Sharmini Coorey (Version in Español) “When you speak about institutions, in fact, you are speaking about the people.” These words, by Kosovo’s central bank governor Gani Gergüri at a recent...
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Sendai: A Tale of Natural Disaster, Resilience, and Recovery
By Christine Lagarde Japan was struck, in the mid-afternoon of Friday, March 11, 2011, by the country’s largest ever recorded earthquake. Within an hour, parts of Japan’s northeast coast were hit by a...
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Building a Camaraderie of Central Bankers: How Monetary Policymakers in the...
By Min Zhu (Versions in 中文, Русский) The world’s central bankers are certainly in the news these days. Not a week goes by without the Fed, the European Central Bank or the Bank of Japan taking big and...
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Capacity Development in Africa: the Faces behind the Numbers
By Carla Grasso Versions in: عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Português (Portuguese), Русский (Russian), and Español (Spanish) If there’s one thing all economists can...
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Small States Confront Big Challenges with Natural Disasters and Climate Change
By Tao Zhang Versions in 中文 (Chinese), and Français (French) Small states are far more vulnerable than other countries to natural disasters and climate change. On average, the annual cost of disasters...
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A Common Cause for Sustainable Growth and Stability in Central Africa
By Abebe Aemro Selassie August 1, 2017 Version in Français (French), Português (Portuguese), and Español (Spanish); Woman with a machete in Bafut, Cameroon: Six countries in Central Africa have a...
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Building Fiscal Institutions in Fragile States
By Katherine Baer, Sanjeev Gupta, Mario Pessoa August 9, 2017 A porter in the market in Kathmandu, Nepal: the country increased their tax revenues in recent years with the help of technical assistance...
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Estimating Cyber Risk for the Financial Sector
By Christine Lagarde June 22, 2018 Versions in عربي, 中文, Español, Français, Baˈhasa indoneˈsia, 日本語, Português, Русский Average annual losses to financial institutions from cyber-attacks could...
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Central Bank Accountability, Independence, and Transparency
By Tobias Adrian and Ashraf Khan عربي, 中文, Español, Français, 日本語, Português, Русский In August 1694, the Bank of England opened for business with a staff of 19. The original Royal Charter, granted by...
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