Finance & Development articles from September 1994

Finance & Development archives from September 1994

The economy of the West Bank and Gaza: from dependent to autonomous growth. (includes related article) (Moving Toward Self-Rule: The West Bank and Gaza) (Cover Story)
September 1, 1994... THE HANDOVER of power in the West Bank and Gaza was a source of euphoria for many Palestinians. But they are entering a new era in an economically more fragile state than for decades. Economic success will depend crucially upon reorienting...

Aiding the development effort for the West Bank and Gaza. (Moving Toward Self-Rule: The West Bank and Gaza) (Cover Story)
September 1, 1994... THE EMERGENCY Assistance Program for the West Bank and Gaza, which directs priority investments and technical assistance, can help channel donor assistance to meet the immediate needs of the Palestinian people and launch the economy on a path of...

Which trade arrangements for the West Bank and Gaza? (Moving Toward Self-Rule: The West Bank and Gaza) (Cover Story)
September 1, 1994... AS THE West Bank and Gaza gain increasing autonomy, critical strategic choices emerge on the nature of economic links to the rest of the world, particularly neighboring countries. The April 1994 Protocol on Economic Relations between Israel and...

Laying the foundation: a fiscal system for Palestinian autonomy. (Moving Toward Self-Rule: The West Bank and Gaza) (Cover Story)
September 1, 1994... AS THE PALESTINIAN authorities of the West Bank and Gaza take over financial responsibility from Israel, many challenges emerge. One of the most pressing for the Palestinians is to establish an efficient and credible fiscal system--a cornerstone...

Infrastructure for development.
September 1, 1994... GOOD infrastructure services are essential to achieve economic growth and to improve the quality of life. But for most developing countries--despite improvements in access--the quantity and quality of services are well below what is demanded....

Making public infrastructure entities commercial. (includes related article)
September 1, 1994... AS DEVELOPING countries examine ways of improving the delivery of infrastructure services, reforming public enterprises along commercial lines looks quite promising. The World Development Report 1994 calls for a 3-pronged approach that includes...

New IFC chief reflects on challenges ahead. (interview with International Finance Corp. executive Jannik Lindbaek) (Interview)
September 1, 1994... Jannik Lindbaek, head of the International Finance Corporation--the private sector arm of the World Bank Group--shares with Finance and Development his views on how the institution can meet the challenge of fostering private sector development in...

Poverty reduction: learning the lessons of experience. (Bretton Woods Institutions: 50th Anniversary)
September 1, 1994... "BUT FOR those less fortunate, freedom means little when it is freedom only to live out their lives in misery and want...If during the last hundred years, greater effort had been devoted towards improving conditions in the less developed areas of...

Agility in the new world economy. (Bretton Woods Institutions: 50th Anniversary)
September 1, 1994... IN THIS NEW, high-speed global economy, agility is a recurrent theme. And because governments are not known for their speed and flexibility, they are turning to entrepreneurs to make their economies more responsive. The spectacular...

Participatory development: getting the key players involved. (Bretton Woods Institutions: 50th Anniversary) (Interview)
September 1, 1994... PARTICIPATORY development--getting all the key people and institutions involved in the development decisions that affect them--is increasingly being recognized and adopted as an indispensable ingredient in making development assistance work....

The IMF as a monetary institution: the challenge ahead. (International Monetary Fund) (Bretton Woods Institutions: 50th Anniversary)
September 1, 1994... THE CHALLENGES facing the IMF as a monetary institution have grown ever more complex since its founding. The IMF's mandate must evolve to take into account economic policy interdependence, financial market liberalization, and the new predominance...

Adjusting to development: the IMF and the poor. (International Monetary Fund) (Bretton Woods Institutions: 50th Anniversary)
September 1, 1994... THE IMF's approach to dealing with poverty has evolved--and is continuing to evolve--over time. Both internal and external debate have stimulated changes in the institution's policy framework, as have shifts in the structure of the IMF's lending....

Population resettlement and development. (includes related articles)
September 1, 1994... FOR DEVELOPMENT purposes, involuntary population displacement is sometimes inevitable. Reestablishing resettlers on a sustainable, productive basis is costly. Yet doing resettlement badly is even costlier--and socially disastrous....

Industrial and developing country policy linkages.
September 1, 1994... THERE ARE many channels through which industrial country performance affects the developing world. Yet with growing world economic interdependence, developing country performance may affect industrial country prospects as well. This argues for...

Is trade between the United States and Japan off-balance?
September 1, 1994... CONTRARY to popular views, an IMF study shows that Japan's current account surpluses are a reflection of trends in saving and investment rates rather than predatory behavior of Japanese producers and government. Moreover, Japanese trade patterns...

The long and winding road: toward freer world trade.
September 1, 1994... AT A TIME when many developing countries are moving toward more open trade policies, there are still signs of strain in the trading system, fed by protectionist pressures. A more open, globally oriented trade regime--effectively integrating...

Can developing countries keep foreign capital flowing in?
September 1, 1994... PRIVATE portfolio flows to developing countries have increased dramatically over the past five years and constitute a potentially large source of financing for the future development needs of these countries. But there are worries about whether...