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IFC Press Releases

Beijing, December 17, 2015—IFC, a

11 min 18 sec ago
Beijing, December 17, 2015—IFC, a member of the World Bank Group, is hosting a training seminar for Chinese market regulators and banking professionals to raise corporate-governance standards among Chinese listed companies with the aim of improving their performance and hence attractiveness fo

IMF News

John Evans: Navigating Today's Labor Market

0 sec ago
Podcast

IMF Staff Concludes Visit to Zambia

2 hours 53 min ago

IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of South Sudan

1 day 1 hour ago

Transcript of IMF Press Briefing

1 day 3 hours ago

IMF Video: Press Briefing by Gerry Rice, Director, IMF Communications Department

1 day 3 hours ago

IMF Staff Completes Mission to Madagascar for 2017 Article IV and First ECF Review

1 day 4 hours ago

IMF Executive Board Concludes Article IV Consultation with Slovak Republic

1 day 5 hours ago

Slovak Republic : Selected Issues

1 day 14 hours ago
Country Report No. 17/72

Slovak Republic : 2017 Article IV Consultation-Press Release; Staff Report; and Informational Annex for Slovak Republic

1 day 14 hours ago
Country Report No. 17/71

South Sudan : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Sudan

1 day 14 hours ago
Country Report No. 17/73

Statement at the End of a Staff Visit to Grenada

2 days 5 min ago

IMF Staff Completes 2017 Article IV Visit to Dominica

2 days 1 hour ago

IMF Staff Completes Review Mission to Malawi

2 days 3 hours ago

Macroprudential Policy, Incomplete Information and Inequality : The case of Low-Income and Developing Countries

2 days 14 hours ago
Working Paper No. 17/59

Lower Bound Beliefs and Long-Term Interest Rates

2 days 14 hours ago
Working Paper No. 17/62

Private and Public Debt : Are Emerging Markets at Risk?

2 days 14 hours ago
Working Paper No. 17/61

Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay

2 days 14 hours ago
Working Paper No. 17/63

Bank Ownership : Trends and Implications

2 days 14 hours ago
Working Paper No. 17/60

IMF Staff Concludes 2017 Article IV Mission to Turkmenistan

2 days 21 hours ago

IMF Video: IMF Quotas

3 days 2 hours ago

IMF Staff Completes 2017 Article IV Mission to Algeria

3 days 22 hours ago

IMF Managing Director Christine Lagarde Calls for Global Cooperation and Strong Policies to Sustain the Growth Momentum

6 days 4 hours ago

Colombia: Staff Concluding Statement of the 2017 Article IV Mission

6 days 22 hours ago

IMF Executive Board Concludes 2017 Article IV Consultation with Belgium

6 days 23 hours ago

Romania: Staff Concluding Statement of the 2017 Article IV Mission

1 week 3 hours ago

Statement at the End of an IMF Mission on Iraq

1 week 3 hours ago

IMF Staff Concludes Visit to Bosnia and Herzegovina

1 week 4 hours ago

Panama: Staff Concluding Statement of the 2017 Article IV Mission

1 week 5 hours ago

Republic of Kosovo : Second and Third Reviews under the Stand-By Arrangement, and Request for Program Extension-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Kosovo

1 week 14 hours ago
Country Report No. 17/68

Belgium : Selected Issues

1 week 14 hours ago
Country Report No. 17/70

Belgium : 2017 Article IV Consultation-Press Release; Staff Report; Supplementary Information

1 week 14 hours ago
Country Report No. 17/69

Statement by Managing Director Christine Lagarde on the Explosion in the IMF’s Paris Office

1 week 1 day ago

IMF Managing Director Welcomes Establishment of High Level Advisory Group on FinTech

1 week 1 day ago

IMF Staff Concludes Visit to Jordan

1 week 2 days ago

Podcast: Jamie Drummond: Invest in Africa or Else

1 week 2 days ago

Paraguay : Technical Assistance Report-Establishing a Structural Balance Rule and a Public Debt Objective

1 week 2 days ago
Country Report No. 17/67

Exchange Rates and Trade : A Disconnect?

1 week 2 days ago
Working Paper No. 17/58

IMF Staff concludes 2017 Article IV Mission to Mauritania and Launches Discussions on an IMF Supported Program

1 week 2 days ago

IMF Staff Note to G-20 on Global Prospects and Policy Challenges

1 week 3 days ago

Use of Technology in Tax Administrations 3 : Implementing a Commercial-Off-The-Shelf (COTS) Tax System

1 week 3 days ago
Technical Notes and Manuals No. 17/03

Use of Technology in Tax Administrations 2 : Core Information Technology Systems in Tax Administrations

1 week 3 days ago
Technical Notes and Manuals No. 17/02

Use of Technology in Tax Administrations 1 : Developing an Information Technology Strategic Plan (ITSP)

1 week 3 days ago
Technical Notes and Manuals No. 17/01

IMF Staff Concludes 2017 Article IV Visit to Thailand

1 week 3 days ago

IMF Executive Board Completes the Second and Third Reviews of Kosovo’s Stand-By Arrangement

1 week 3 days ago

Pension Reform Options in Chile : Some Tradeoffs

1 week 4 days ago
Working Paper No. 17/53

Labor Force Participation in Chile : Recent Trends, Drivers, and Prospects

1 week 4 days ago
Working Paper No. 17/54

Aftershocks of Monetary Unification : Hysteresis with a Financial Twist

1 week 4 days ago
Working Paper No. 17/55

Public Debt Sustainability Under Uncertainty : An Invariant Set Approach

1 week 4 days ago
Working Paper No. 17/57

Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies

1 week 4 days ago
Working Paper No. 17/56

Labor and Product Market Reforms in Advanced Economies : Fiscal Costs, Gains, and Support

1 week 4 days ago
Staff Discussion Notes No. 17/03

OECD News - Corruption

2017 OECD Global Anti-Corruption & Integrity Forum

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The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics

Argentina must urgently enact Corporate Liability Bill to rectify serious non-compliance with Anti-Bribery Convention

8 hours 57 min ago
Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance.

High acquittal rate jeopardises Finland's efforts to combat foreign bribery

1 day 7 hours ago
Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.

UK has made strong progress fighting foreign bribery, but uncertainty over Serious Fraud Office role remains

1 day 7 hours ago
Foreign bribery enforcement in the UK has increased significantly since 2012 notably thanks to the pragmatic and effective approach taken by the Serious Fraud Office (SFO) to investigate and resolve foreign bribery cases.

OECD Working Group on Bribery report on Argentina launches Friday, 24 March 2017

2 days 3 hours ago
The OECD Working Group on Bribery will release a review of Argentina’s efforts to fight foreign bribery on Friday, 24 March 2017 at 11.00 CET/07.00 Buenos Aires time.

OECD Working Group on Bribery reports on Finland and the United Kingdom launch Thursday, 23 March 2017

3 days 3 hours ago
The OECD Working Group on Bribery will release reviews of Finland and the UK’s efforts to fight foreign bribery on Thursday 23 March 2017 at 11.00 CET/10.00 GMT.

Statement of the OECD Working Group on Bribery on Italy's implementation of the Anti-Bribery Convention

3 days 3 hours ago
The OECD Working Group on Bribery commends Italy for the adoption of a Bill on 15 March, by the Italian Senate, which, if adopted by the Chamber of Deputies, would significantly extend the statute of limitations to allow more time to prosecute and sanction foreign bribery cases.

OECD News - Development

International Economic Forum on Latin America and the Caribbean

42 weeks 4 hours ago
The theme of the 2016 Forum taking place in Paris on 3 June is "New Challenges and Innovative Partnerships in a Shifting World". Key issues on the agenda include redefining partnerships to support inclusive and sustainable growth, and innovative policies to increase productivity and tackle inequalities.

OECD Forum 2016: Productive economies, Inclusive societies

42 weeks 3 days ago
Forum 2016, entitled Productive economies, Inclusive societies will be organised around the 3 cross-cutting themes of the OECD Week: inclusive growth and productivity, innovation and the digital economy, and international collaboration for implementing international agreements (COP21 and the Sustainable Development Goals) and standards (BEPS and automatic exchange of information).

How to reach the Sustainable Development Goals? We need a GPS

43 weeks 4 hours ago
With the Sustainable Development Goals, the world has set itself ambitious targets for the next 15 years. But ambition will also be essential if we are to collect and process the data needed for monitoring the goals. Thanks to more than half a century of experience, the OECD is well-placed to support this global project.

Africa’s choice: Business-as-usual or a green agenda?

43 weeks 2 days ago
The Paris Agreement on climate change signals the end of business as usual for energy industries. For the first time in history more than 150 developed and developing countries have promised to reduce greenhouse gas emissions. But how binding are these agreements? And do they provide impetus for local action in Africa?

It’s up to us all to end child labour

43 weeks 3 days ago
A young boy named Kalu, who had been rescued from a carpet-weaving unit in Bihar, once raised a compelling and very significant question when he met then-President Bill Clinton. In conversation with the President, Kalu politely inquired about his plans and policies with regard to the world’s children and their condition.

Africa: Economic transformation hinges on unlocking potential of cities, says the African Economic Outlook 2016

43 weeks 4 days ago
How Africa urbanises will be critical to the continent’s future growth and development, says the African Economic Outlook 2016 released today at the African Development Bank Group’s 51st Annual Meetings.

The OECD at the World Humanitarian Summit

43 weeks 4 days ago
The World Humanitarian Summit will be held in Istanbul on 23-24 May. The purpose of the summit is to set a forward-looking agenda for humanitarian action to collectively address future humanitarian challenges.

Fighting poverty means fighting sexism

44 weeks 1 day ago
Nowhere in the world do women have as many opportunities as men, whether those opportunities are economic, social or political. If we’re going to make our commitments under the Sustainable Development Goals (SDGs) count, we have to start here.

OECD News - Economy

Foreign Direct Investment and The Pollution Haven Hypothesis – Evidence from Listed Firms

1 day 3 hours ago
Business has often been arguing against the introduction of a carbon tax because it would induce a pollution haven effect – reducing the competitiveness of domestic production and shifting both production and emissions to countries where fossil fuels are cheaper.

Energy prices, environmental policies and investment - evidence from listed firms

1 day 3 hours ago
The 2°C (or less) limit on global warming agreed at the UN Climate Change Conference of 2015 in Paris effectively implies that manufacturing industries in developed countries have to undertake significant investments, in particular in more energy efficient production technology.

China: time to focus on financial risks and structural reform

3 days 4 hours ago
As the Chinese economy matures to a slower but more sustainable growth path, policy efforts need to focus more on efficiency, stability and inclusiveness, according to a new OECD report.

Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households

1 week 4 hours ago
Governments must deploy policy packages that take advantage of the synergies between labour, product and financial market reforms to escape the low-growth trap and ensure that benefits are broadly shared by the vast majority of citizens, according to the OECD’s annual Going for Growth report.

Spain: Maintain reform momentum to enhance economic recovery and boost inclusive growth

1 week 3 days ago
The Spanish economy is enjoying a robust recovery from a deep recession, with structural reforms contributing to high growth rates and a gradual decline in unemployment.

G20 GDP Growth - Fourth quarter of 2016, OECD

1 week 4 days ago
Slight easing of G20 GDP growth in fourth quarter of 2016

OECD News - Finance

Annual Survey of Investment Regulation of Pension Funds

1 day 7 hours ago
Each year, the OECD publishes a survey of the investment regulation of pension funds which describes the main quantitative investment regulations applied to pension funds in OECD and IOPS countries. The survey questionnaire covers all types of pension plans financed via pension funds.

Behavioural economics and financial consumer protection

1 week 2 days ago
This paper looks at the application of behavioural economics in the area of financial consumer protection and how numerous governments are testing and implementing its application for policies promoting financial consumer protection. It highlights the opportunity for behavioural economics to help provide cost-efficient ways of making policy more effective at promoting positive outcomes for consumers.

Financial education for micro, small and medium-sized enterprises in Asia

1 week 2 days ago
This paper describes and provides guidance on policy and practice relating to financial education for MSMEs and potential entrepreneurs in Asia, with a particular focus on Indonesia.

Financial education for micro, small and medium-sized enterprises in Asia

1 week 2 days ago
This paper describes and provides guidance on policy and practice relating to financial education for MSMEs and potential entrepreneurs in Asia, with a particular focus on Indonesia.

World Trade Organization - News

ICC Sweden AGM: “World trade challenged: protectionism, slowing world trade and the key role of the WTO”

2 hours 57 min ago

DG Azevêdo: Sweden is an important champion of multilateralism

2 hours 57 min ago
Director-General Roberto Azevêdo praised Sweden’s global leadership during his visit to Stockholm on 23-24 March 2017, where he discussed the WTO’s future work with high-level government officials and private sector representatives. During his visit, the Director-General met with King Carl XVI Gustaf, Prime Minister Stefan Löfven, Deputy Prime Minister Isabella Lövin and Minister for EU Affairs and Trade Ann Linde.

DG Azevêdo: Trade is an engine for Finland’s economic growth

1 day 2 hours ago
Director-General Roberto Azevêdo discussed how trade and the WTO could help drive Finland’s economic growth during his visit to Helsinki on 22-23 March 2017. The Director-General’s visit took place as Finland marks the centenary of its independence in 2017. During his visit, the Director-General met with Prime Minister Juha Sipilä, Minister for Development and Foreign Trade Kai Mykkänen and leaders of the Finnish private sector.

ICC Finland: “The Future of Open Trade”

1 day 2 hours ago

Items proposed for consideration at the next meeting of Dispute Settlement Body

3 days 2 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 21 March 2017, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

Panels established to review US renewable energy measures and Russian transit restrictions

3 days 2 hours ago
The Dispute Settlement Body (DSB) agreed on 21 March to the establishment of two new dispute panels: one to review a complaint filed by India regarding certain measures at the state level in the United States to promote renewable energy; and the second to review Ukraine’s complaint regarding restrictions on goods in transit through the Russian Federation.

Fifth China Round Table renews support for least-developed countries seeking to join WTO

4 days 2 hours ago
In opening the Fifth China Round Table on 20 March in Siem Reap, Cambodia’s Prime Minister H.E. Mr Hun Sen called for positive outcomes at the upcoming Buenos Aires Ministerial Conference that would benefit least-developed countries. At the Round Table, the Government of China renewed its contribution of USD 500,000 to the WTO’s Least-Developed Countries and Accessions Programme (also known as the China Programme).

Trade and investment are increasingly important development issues – DG Azevêdo

4 days 2 hours ago
Given the growing interconnectedness between trade and investment flows, efforts to expand global trade are increasingly related to expanding global investment as well, particularly in developing countries, Director-General Roberto Azevêdo told a workshop organized at the WTO by the governments of Mexico, Indonesia, South Korea, Turkey and Australia (MIKTA) on 20 March 2017. “An open and informed dialogue is a useful initiative if members wish to consider putting more focus on these issues at the WTO”, DG Azevêdo said.

Austria donates CHF 200,000 to strengthen negotiating capacity of poorest members

1 week 1 day ago
The government of Austria is contributing CHF 200,000 in 2017 to help developing countries and least-developed countries participate effectively in global trade negotiations.

WTO members review further proposals to ease global trade in services

1 week 3 days ago
WTO members discussed five new or enhanced proposals to advance services negotiations at meetings of the Working Party on Domestic Regulation and the Services Council on 14-17 March 2017. Four of these proposals aim to ensure that domestic licensing procedures and technical standards do not constitute unnecessary barriers to trade while one proposal relates to the establishment of a trade facilitation agreement for services.

“Financial inclusion” key to delivering full development potential of e-commerce

1 week 4 days ago
Speaking at a 13 March seminar on digital payments and financial inclusion, Director-General Roberto Azevêdo said underdeveloped financial and payment systems are hindering the use of electronic commerce as a tool for growth and development. With more than 200 million small firms in emerging economies worldwide lacking access to basic financial services, “e-commerce will not deliver its full potential if many are still financially excluded.”

Advanced Trade Policy Course concludes at WTO

2 weeks 2 hours ago
Twenty-four participants from around world recently completed a high-level Advanced Trade Policy Course (ATPC) at the WTO headquarters in Geneva. The two-month course wrapped up on 10 March.

Founded in 2000, the Parliamentary Network is an independent, non-governmental organization that provides a platform for Parliamentarians from over 140 countries to advocate for increased accountability and transparency in development cooperation. Jeremy Lefroy is the current Chair of the Parliamentary Network.

 

The Network – via its international secretariat, regional chapters and country chapters – reaches over 1000 Parliamentarians in Africa, Asia, Europe and the Americas. It strives to increase transparency and accountability in the development cooperation process by fostering the oversight role of parliaments and civil society. The Network has a specific focus on multilateral aid and a sub-focus on the work and modus operandi of the World Bank Group and the International Monetary Fund (IMF), the world’s largest multilateral funders.

 

It provides a platform for MPs and civil society to hold to account their own governments, as well as International Financial Institutions (IFIs), for development outcomes.

Membership is free of charge and open to elected parliamentarians who currently hold a mandate. As a member, you will receive The Parliamentary Network on the World Bank and International Monetary Fund’s policy materials, including the quarterly Network Review publication and the Parliamentarians and Development series.

You will also be eligible to attend the Annual Conference and participate in discussions with senior World Bank and IMF leadership. You can also be invited to take part in the Parliamentarians in the Field country visit programme.
In addition, the The Parliamentary Network on the World Bank and International Monetary Fund often invites partner organizations to join its activities.
PARLIAMENTARIAN PARTNER