Public Spending on Health Care under IMF-Supported Programs

2019-03-26T11:19:38-04:00March 9, 2017|

By Sanjeev Gupta and Baoping Shang

Versions in Français (French)

Government policies matter when it comes to public health. And when a country’s economy is suffering a severe economic crisis, the decisions become even more critical.  Over the past few decades, protecting social programs and spending on health has been a cornerstone of the IMF’s support for countries.

[…]

Spring Meetings Redux!

2019-03-27T17:44:52-04:00April 23, 2015|

DSC_7906By Sabina Bhatia

Washington is at its best in the spring. Green shoots pop out, daffodils and magnolias are in full bloom and the cherry blossoms cast a pink halo over the city. After a long, cold winter, there is hope everywhere.

And so it was with the 2015 Spring Meetings of the IMF and World Bank. Hope was in the air—would the global economy avoid the “new mediocre” from becoming the “new reality?” Would Greece reach […]

Time to Act on the G-20 Agenda: The Global Economy Will Thank You

2017-04-14T01:48:18-04:00February 6, 2015|

2014MDNEW_04By Christine Lagarde

(Versions in 中文, Français, 日本語Русский, Türk, and Español)

Implementation, investment, and inclusiveness: these three policy goals will dominate the G-20 agenda this year, including the first meeting of finance ministers and central bank governors in Istanbul next week. As Turkish Prime Minister Ahmet Davutoğlu recently put it: “Now is the time to act” – şimdi uygulama zamanı.

There […]

What Happens to Public Health Spending in IMF-Supported Programs? Another Look

2017-04-14T01:49:11-04:00December 21, 2014|

By Benedict Clements, Sanjeev Gupta, and Masahiro Nozaki

(Versions in 中文Français日本語, Русский, and Español)

Improvements in health can have a tremendously positive effect on society’s well-being and the level of economic activity. Indeed, 2013’s path-breaking report by the Lancet Commission indicates that about 11 percent of the economic growth in recent decades can be attributed to these improvements. As such, it makes good sense for macroeconomists to pay attention to health indicators and to the factors […]

The First Wealth

2017-04-14T01:50:22-04:00December 8, 2014|

Jeff Hayden altBy Jeff Hayden

“The first wealth is health,” American philosopher Ralph Waldo Emerson wrote in 1860.­

Emerson’s quote, cited by Harvard economist and health expert David E. Bloom in Finance and Development’s lead article, reminds us that good health is the foundation on which to build—a life, a community, an economy.­

Humanity has made great strides, developing vaccines and medical techniques that allow us to live longer, healthier lives. Other developments—such as increased […]

It’s Unofficial!

2017-04-14T01:52:45-04:00October 12, 2014|

DSC_7906By Sabina Bhatia 

I know it might sound odd, but I actually like the IMF-World Bank Annual Meetings. I know the traffic snarls on Pennsylvania Avenue are terrible, Washington cabbies ruder than ever, lots of men in dark suits (and sadly, they are still mostly men), and there is the constant rush from meeting to meeting.

But beyond the long lines, long hours, cold coffee and the constant buzz of communiqués, press releases, and scores […]

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