International Monetary Fund

IMF Managing Director Christine Lagarde gives a speech at CGD highlighting the critical role of global collaboration to address the issues facing low-income developing countries.

Last week, within a few hours of announcing she was running for a second term as head of the IMF, it appeared that Christine Lagarde had the nomination sewn up. That’s little surprise given the incumbent’s track record. But what better time than now — when Europ...

Congress finally gave the administration what it has been asking for on IMF quota reform, and then some. At the same time, Congress didn’t just give the administration the ability to go forward on governance reform that gives more voting power to rising developing countries.  It also incl...

The elephants in the room at the annual International Monetary Fund/World Bank meeting in Lima, Peru, were the China-inspired Asian Infrastructure Investment Bank (AIIB) and New Development Bank (or “BRICS Development Bank,” as it was originally called). The real...

Income inequality is falling in most of Latin America (2000–2010, compared to select other countries).

“Macro” issues naturally dominate the talk in these seminars and in the corridors. But not this time. I was surprised to find "micro” development issues suffused the agenda.