The multimedia content on this page cannot be printed.
The Road Ahead for Low-income Countries
The Next Frontier
Masood Ahmed
Low-income countries gain ground in a globalized world, but they still face major challenges.
Improving the Effectiveness of Aid
Eckhard Deutscher and Sara Fyson
A proliferation of donors and projects has made the governance of aid more problematic.
Point of View: A Work in Progress
Elaine Venter
The Paris Declaration renews the focus on aid reform but is still donor-centric.
Next Generation Financial Reforms for India
Eswar S. Prasad and Raghuram G. Rajan
A new report advocates a shake-up in India's financial system to underpin the country's growth.
Dialogue Box
Antoinette Sayeh, Domenico Lombardi, Kumi Naidoo, Andrew Kumbatira, Eveline Herfkens, Roy Cullen, Enrique V. Iglesias
F&D asked respondents "What's the single thing most likely to double living standards in poor countries over the next decade?"
The Rise of Africa's "Frontier" Markets
David C. L. Nellor
A number of sub-Saharan countries are beginning to attract overseas investors to their financial markets.
Managing Aid Surprises
Oya Celasun and Jan Walliser
Developing countries cannot make full use of aid when it is unpredictable.
Land and Poverty in Reforming East Asia
Martin Ravallion and Dominique van de Walle
Lessons from Vietnam's agrarian reforms and how they were crucial in reducing poverty.
Mobilizing Revenue
Sanjeev Gupta and Shamsuddin Tareq
Strengthening domestic revenue bases is key to creating fiscal space for Africa's developmental needs.
Departments
People in Economics
Rise of the Undaunted Empiricist
Simon Willson
Profile of Beatrice Weder di Mauro, the first woman on Germany's Council of Economic Experts.
Picture This
Economic Forecasts: Hard to Rely On?
Prakash Loungani and Jair Rodriguez
Forecasters often fall short in predicting a country's growth path, particularly around turning points in economic activity.
Back to Basics
What Is Securitization?
Andreas Jobst
Examines the pooling of assets so that they can be repackaged into interest-bearing securities.
Book Reviews
Reputation and International Cooperation: Sovereign Debt across Three Centuries, Michael Tomz
Decline to Fall: The Making of British Macro-Economic Policy and the 1976 IMF Crisis, Douglas Wass
Straight Talk
Emerging Markets Emerge
Simon Johnson
Emerging markets are now a key determinant of global growth. This is good news and a potential problem.
Country Focus
Write to us
F&D welcomes comments and brief letters, a selection of which are posted under Letters to the Editor. Letters may be edited. Please send your letters to fanddletters@imf.org