IMF/World Bank 2013 Meetings
VIDEO Best Bank Awards 2013: The Ceremony

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All the winners from this year's ceremony,  which was held on Oct. 12  at the IMF/World Bank annual meeting in Washington, DC.

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VIDEO Best Bank Awards 2013: Ilan Goldfajn, Itaú

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Economist Goldfajn of Itaú: Brazil definitely vulnerable to wind down of QE III.

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VIDEO Best Bank Awards 2013: Governor Amando Tetangco Jr., Bangko Sentral ng Pilipinas

 

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Philippines central bank governor Tetangco sees no slow-down in the country's economy--and no pick-up in inflation.

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VIDEO Best Bank Awards 2013: Adnan Ahmed Yousif, Al Baraka

 

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Al Baraka's Adnan Ahmed Yousif: Islamic banks shielded from financial crisis.

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VIDEO Best Banks 2013: Theodore Roosevelt IV, Barclays

 

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Theodore Roosevelt IV, Managing Director (Investment Banking) at Barclays Capital, on the mood at this year's IMF/World Bank meeting.

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VIDEO Best Banks 2013: Marco Roddenhof, Rabobank

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Rabobank's Roddenhof: Restructuring of Europe's banking sector still a work in progess.

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VIDEO Best Banks 2013: Diana Layfield, Standard Chartered

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Standard Chartered's Layfield: Global corporations eying Africa's consumer class. 

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VIDEO Best Banks 2013: Dr. Lutz-Christian Funke, KfW

 

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Surprise! Concern about Europe's economic laggards is giving way to optimism, says Dr. Lutz-Christian Funke of KfW.

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VIDEO Best Banks 2013: Carlos Briceño Ríos, Banco Lafise Bancentro

 

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Banco Lafise's Carlos Briceño Ríos explains why tapering by the US Federal Reserve won't have a big impact on Nicaragua.

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VIDEO Best Banks 2013: Albert Essien, Ecobank

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Albert Essien of Ecobank on why Africa's vast potential must be realized 'very quickly.'

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The Best of the IMF/World Bank Meetings Seminars

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Top selections from the big gathering in Washington this past week.

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China Gets Its Very Own FSOC

 

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A new—and possibly powerful—financial industry regulator has gotten the green light from officials in China. Although the agency has yet to get a name, members will include a number of high-profile officials, including the heads of the country's banking, securities, insurance and foreign exchange regulatory agencies.

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IMF/World Bank 2013 Meetings Seminar: Emerging Markets - Sustaining the Momentum

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IMF/Word Bank Meetings Seminar: Tuesday, October 8, 3:00 pm. Understanding the nature of growth challenges across different EMs is a significant priority to strengthen the Fund’s surveillance efforts. To that end, the Fund will hold a high-level conference focused on assessing the current state of EMs and their outlook and challenges over the medium term.

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IMF/World Bank 2013 Meetings Seminar: Frontier Economies: the Next Generation of Emerging Markets

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IMF/World Bank Meetings Seminar: Wednesday, October 9, 2:00 pm: Emerging markets have played an important role on the global economic stage. More recently, a second group of countries—the Frontier economies—are receiving increased attention. There is risk, though that after an initial promising growth trajectory, Frontier economies could suffer from significant set-backs. This seminar will focus on the supporting policy frameworks and institutions that will be needed to avoid such a trap.

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IMF/World Bank 2013 Meeting Seminars: Policies for Growth and Jobs in Europe

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IMF/World Bank Meetings Seminar, Thursday, October 10, 4:00 pm: Five years after the peak of the Great Recession, growth remains anemic across most of Europe and unemployment has reached high levels in all countries but a few. As the risk of renewed crisis is receding, policymakers have shifted their attention from crisis management to reinvigorating growth and rebuilding resilience. The seminar will bring together a set of panelists from the public and private sectors and academia to discuss the various facets of the medium- and long-term challenges for reinvigorating growth and creating jobs in Europe.

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IMF/World Bank 2013 Meetings Seminar: Debate on the Global Economy

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IMF/Word Bank Meetings Seminar: Thursday, October 10, 2:00 pm. This debate will focus on how policymakers could collaborate globally to better manage the downside risks and durably boost jobs and growth. Join the conversation via #GlobalDebate

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Diaspora Dollar Delight: Remittances Give Indian Economy a Boost

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Remittances have proven to be a saving grace for the Indian economy, specifically by helping the government offset a very wide current-account deficit.

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Tax Reform Improving Business Clime In Sub-Saharan African Countries

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Administration has been simplified with the implementation of VAT and TINs, but much work remains.

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Norway Pension Fund Splintering Could Dilute Its Influence On Corporate Ethics

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Norway's leading party in the upcoming election wants to break up the country's Government Pension Fund—the largest sovereign wealth fund in the world. This could erode much of the impact and influence—and leadership—that Norway provides to global SWFs, and deal a deadly blow to its vaunted ethics council.

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IMF Admits Greek Mistakes While Europe Sticks Its Head In The Sand

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After six years of recession the International Monetary Fund concedes that it "badly underestimated the damage that austerity would do to Greece’s economy”–a bit of an understatement given that the original projections were that Greece would lose 5.5% of its economic output between 2009 and 2012 and have a 15% unemployment rate in 2012. Greece has actually lost 17% in real GDP and unemployment is at 28%.

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Waiting For Superman: Raghuram Rajan And The Overblown Expectations For Central Bankers

0812IMFthumbRaghuram Rajan’s appointment last week to the top post at the Reserve Bank of India (RBI) –the country’s central bank–was announced with the fanfare normally reserved for events such as the recent birth of a royal baby in London.

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Croatia Finally Joins The EU Fold

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In 2004, when nine former Communist countries joined the EU, there were widespread celebrations. Three years later Romania and Bulgaria also joined. On July 1 this year another post-Communist country was admitted to the EU: Croatia. But celebrations were somewhat muted.

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Cover: The Global War On Tax Havens

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Multinational corporations could have a harder time shifting profits to low-tax jurisdictions under new OECD rules.

 

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Country Report: Mongolia

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Mongolia is struggling to find the right path in making use of abundant resources to improve the lives of its citizens.

 

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Frontier Markets Report: Côte d’Ivoire

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Côte d’Ivoire has the opportunity to regain its status as a leading economy in Africa.

 

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CEE: Charting Diverse Economies

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Central and Eastern European countries are quite diverse in their performance, but investors still lump them together.

 

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Japan: Vote Of Confidence For Abenomics

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Stability may have finally returned to Japanese politics.

 

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Brazil: IMF Rep Opposes Greek Bailout

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Brazilian IMF rep Paulo Nogueira Batista refused on July 31 to back the latest funding package for Greece.

 

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EC: Pushing For New Fraud Regulator

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The EC is pushing for a new European Public Prosecutor’s Office (EPPO).

 

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Global: Russia Moves Into High-Income

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While economic activity in Russia has lost momentum, the World Bank is elevating the country to high-income status.

 

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India: Now Third-Largest Global Economy

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India has passed Japan as the world’s third-largest economy, according to a recent report from the OECD.

 

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