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Articles on International Monetary Fund

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Kristalina Georgieva, the Managing Director of the International Monetary Fund, speaking in Senegal in 2019. Photo by Seyllou/AFP via Getty Images

When the IMF comes to town: why they visit and what to watch out for

The IMF sends its staff on two types of mission to member countries: to assess the state of the country’s macro economy or to assess the need for financial support.
The World Bank’s ease of doing business index incentives countries to do whatever they can to improve their ranking. Jongho Shin/iStock via Getty Images

Scandal involving World Bank’s ‘Doing Business’ index exposes problems in using sportslike rankings to guide development goals

Allegations that World Bank officials manipulated country rankings in its much-used ease of doing business index highlight a deeper problem with these types of rankings.
A child plays in a street in the port village of Paquitequete near Pemba, northern Mozambique. The region suffered decades of neglect, and major gas projects have failed to deliver local benefits. Photo by Alfredo Zuniga/AFP via Getty Images

Mozambique’s difficult decade: three lessons to inform next steps

The development strategy based on foreign investment in natural resources projects has not delivered economic growth or security. What’s needed is an inclusive vision based on local realities.
South Africa’s finance minister Tito Mboweni says the IMF loan will limit the country’s economic vulnerabilities which have been exacerbated by COVID-19. Gallo Images/Brenton Geach

The IMF’s $4bn loan for South Africa: the pros, cons and potential pitfalls

The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.

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