Top Links from the IMF – Global and Regional Economic Analysis for April
Shared Frustrations: How to Make Economic Growth in Sub-Saharan Africa More Inclusive
IMF Opens Up: Partnerships with Donors a Win-Win
IMF Helping Africa Through the Crisis
I believe that Africa’s needs must be fully reflected in any global response to this unprecedented recession. With similar intentions, leading policymakers and stakeholders in Africa gathered in Tanzania last March to discuss how to work with the IMF on this. Under the leadership of President Kikwete and IMF Managing Director Strauss-Kahn, the participants agreed to build a new, stronger partnership.
More than just rhetoric, these common goals included the IMF seeking more resources for Africa and reacting more rapidly, responsively, and flexibly. While much remains to be done, I think it is a fair to say that we have achieved a remarkable amount on both fronts—more in fact than I could have imagined when I started in my job just a little over a year ago.
My colleague, Hugh Bredenkamp has done a fine job detailing the IMF’s response to the needs of low-income countries. In this post, I would like to talk a little about what it all means for Africa.
Sorting cashew nuts in Tanzania
As a reminder, the IMF agreed to mobilize $17 billion through 2014 for lending to low income […]