From Shadows to Sunlight, Paraguay’s Road to Transparency

2019-03-14T10:23:21-04:00June 15, 2018|

By IMFBlog

June 15, 2018

Lea Giménez Duarte, Paraguay’s Finance Minister speaking at IMF World-Bank Spring meetings seminar Restoring Trust by Curbing Corruption (photo: IMF)

Current Paraguayan Finance Minister Lea Giménez Duarte knows first-hand that transparency pays off. In this podcast, Duarte says the changes began after the government passed a transparency law in 2014. […]

Beware of Strike-it-Rich Euphoria: the Curse of Potential Oil Wealth

2019-03-15T09:41:05-04:00March 9, 2018|

By IMFBlog

March 9, 2018

(photo: Nielubieklonu/iStock).

The resource curse, or paradox of plenty, is when countries with an abundance of natural resources suffer stagnant economic growth or even contraction.

In this podcast, World Bank economist James Cust, says the problem of eradicating extreme poverty is going to be about how resource-rich countries manage their resource wealth. […]

South Africa’s Lesetja Kganyago: Fintech Is a Central Banker’s Friend

2019-03-15T11:16:29-04:00January 26, 2018|

By IMFBlog

January 26, 2018 

Lesetja Kganyago, South Africa’s Central Bank Governor and Chairman of the International Monetary and Financial Committee (photo: IMF staff).

While central bankers are often seen as somewhat traditionalist, South Africa’s Reserve Bank Governor Lesetja Kganyago is breaking that mold. Kganyago sees how new technology—or fintech—is transforming the financial sector, and in this podcast, he says there is no turning back. […]

Restarting the Growth Engine in Sub-Saharan Africa

2019-03-25T15:52:25-04:00May 19, 2017|

By IMFBlog

May 19, 2017

Version in Français (French)

The IMF’s latest economic health check of sub-Saharan Africa shows that growth fell to its lowest level in 20 years.

In this podcast, the IMF African Department’s Celine Allard, who oversaw the report, says that this drop brought a halt to the 5 to 6 percent growth rate that was enjoyed in the last two decades. Some factors contributing to this slowdown are lower commodity prices, the devastation of a severe drought—exacerbating crop infestation and leading to a famine affecting some 20 million […]

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