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IFC Press Releases

Beijing, December 17, 2015—IFC, a

16 min 31 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

Transmittal Policy: The Exchange of Documents Between the Fund and Other Organizations

1 day 15 hours ago

IMF Executive Board Discussed Use of Third-Party Indicators in Fund Reports

1 day 18 hours ago

Georgia Growing

1 day 18 hours ago

Blog: 5 Things You Need to Know About the IMF and Gender

1 day 18 hours ago

Spotlight on the Former Yugoslav Republic of Macedonia: Five Ways to Reform

1 day 19 hours ago

Use of Third-Party Indicators in Fund Reports

1 day 20 hours ago

IMF Staff Completes 2017 Article IV Mission to Barbados

1 day 20 hours ago

Former Yugoslav Republic of Macedonia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Former Yugoslav Republic of Macedonia

1 day 21 hours ago
Country Report No. 17/354

IMF Executive Board Concludes Article IV Consultation with Former Yugoslav Republic of Macedonia

1 day 21 hours ago

Dominant Currency Paradigm: A New Model for Small Open Economies

2 days 6 hours ago
Working Paper No. 17/264

Statement by an IMF Mission on Iraq

2 days 17 hours ago

IMF Staff Concludes Mission to Bosnia and Herzegovina

2 days 19 hours ago

Trinidad and Tobago : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Trinidad and Tobago

3 days 6 hours ago
Country Report No. 17/352

Trinidad and Tobago : Selected Issues

3 days 6 hours ago
Country Report No. 17/353

Asymmetries in the Coordinated Direct Investment Survey: What Lies Behind?

3 days 6 hours ago
Working Paper No.

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

3 days 6 hours ago
Working Paper No. 17/260

Freelancers Union’s Sara Horowitz on Changing Nature of Work

3 days 6 hours ago

Honduras : Fifth and Sixth Reviews Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Honduras

3 days 6 hours ago
Country Report No. 17/331

Liberia : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement, and Request for Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Liberia

3 days 6 hours ago
Country Report No. 17/348

IMF Staff Completes 2017 Article IV Visit to the Kingdom of Lesotho

3 days 18 hours ago

Senegal Subscribes to the IMF’s Special Data Dissemination Standard

3 days 19 hours ago

Mexico's Outlook in 5 Charts

3 days 20 hours ago

Australia: IMF Staff Concluding Statement of the 2017 Article IV Mission

4 days 7 hours ago

Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to Jamaica

4 days 19 hours ago

IMF Staff Concludes Visit to Russia

6 days 16 hours ago

Malta: Staff Concluding Statement of the 2017 Article IV Mission

6 days 18 hours ago

IMF Diversity Annual Report 2016-2017

6 days 19 hours ago

IMF Executive Board Discusses the FY 2016–2017 Diversity and Inclusion Annual Report

6 days 19 hours ago

Data in the Digital Age

6 days 20 hours ago

IMF Staff Completes 2017 Article IV Visit to Myanmar

1 week 2 hours ago

Growth and Jobs in Developing Economies: Trends and Cycles

1 week 6 hours ago
Working Paper No. 17/257

Corruption, Taxes and Compliance

1 week 6 hours ago
Working Paper No. 17/255

Credit Growth and Economic Recovery in Europe After the Global Financial Crisis

1 week 6 hours ago
Working Paper No. 17/256

Zambia : Financial Sector Assessment Program-Financial System Stability Assessment

1 week 6 hours ago
Country Report No. 17/349

IMF Executive Board Concludes 2017 Article IV Consultation with Maldives

1 week 19 hours ago

Measuring the Digital Economy

1 week 19 hours ago

2017 High Level Caribbean Forum: Unleashing Growth and Strengthening Resilience

1 week 21 hours ago

The Sectoral Effects of Real Depreciations in Latin America

1 week 1 day ago
Working Paper No. 17/249

Assessing China’s Residential Real Estate Market

1 week 1 day ago
Working Paper No. 17/248

Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications

1 week 1 day ago
Working Paper No. 17/250

How Should Shale Gas Extraction Be Taxed?

1 week 1 day ago
Working Paper No. 17/254

Does Import Competition Induce R&D Reallocation? Evidence from the U.S.

1 week 1 day ago
Working Paper No. 17/253

Bank Capital and Lending: An Extended Framework and Evidence of Nonlinearity

1 week 1 day ago
Working Paper No. 17/252

LAO P.D.R.: Assessing the Quality of Trade Statistics

1 week 1 day ago
Working Paper No. 17/251

IMFC Chair Agustín Carstens Tenders Resignation Effective December 1, 2017; New Chair to be Selected

1 week 1 day ago

2017 Article IV Consultation with Kuwait – IMF Concluding Statement

1 week 1 day ago

IMF Team Completes Staff Visit to Angola

1 week 1 day ago

Assessing Loss of Market Access: Conceptual and Operational Issues

1 week 2 days ago
Working Paper No. 17/246

Basel III and Bank-Lending: Evidence from the United States and Europe

1 week 2 days ago
Working Paper No. 17/245

Enforcing Public-Private Partnership Contract: How do Fiscal Institutions Matter?

1 week 2 days ago
Working Paper No. 17/243

Hollowing Out: The Channels of Income Polarization in the United States

1 week 2 days ago
Working Paper No. 17/244

The Slowdown in Global Trade: A Symptom of A Weak Recovery

1 week 2 days ago
Working Paper No. 17/242

Fiscal Spillovers in the Euro Area: Letting the Data Speak

1 week 2 days ago
Working Paper No. 17/241

Fear Thy Neighbor: Spillovers from Economic Policy Uncertainty

1 week 2 days ago
Working Paper No. 17/240

Crime and Youth Unemployment in the Caribbean

1 week 2 days ago

IMF Staff Completes 2017 Article IV Visit to Indonesia

1 week 2 days ago

Europe: From Recovery to Resurgence?

1 week 2 days ago

IMF Staff Concludes 2017 Article IV Visit to Korea

1 week 3 days ago

IMF Executive Board Completes Seventh and Eighth ECF Reviews for Liberia And Approves US$20.7 Million Disbursement

1 week 3 days ago

Europe: Engine for Global Trade, but Should Prepare for Rainy Day

1 week 3 days ago

IMF Executive Board Concludes the 2017 Article IV Consultation with Mexico

1 week 3 days ago

IMF Staff Concludes Visit to Republic of Lithuania

1 week 3 days ago

Philippines : Selected Issues

1 week 5 days ago
Country Report No. 17/335

Philippines : 2017 Article IV Consultation-Press Release; Staff Report

1 week 5 days ago
Country Report No. 17/334

IMF Reaches Staff-Level Agreement with Mauritania on a Three-Year Arrangement Under the Extended Credit Facility

1 week 6 days ago

IMF Staff Completes 2017 Article IV Mission to Argentina

1 week 6 days ago

Blog: Understanding and Managing Financial Interdependence

1 week 6 days ago

IMF Staff Completes Review Visit to Rwanda

1 week 6 days ago

IMF Staff Concludes Staff Visit to Turkmenistan

1 week 6 days ago

OECD News - Corruption

Monitoring the OECD Anti-Bribery Convention in Germany and Norway: Call for contributions

0 sec ago
Call for shadow reports and/or participation in on-site visits. In 2017, the OECD Working Group on Bribery launched its fourth Phase of monitoring of Germany’s and Norway’s implementation of the OECD Anti-Bribery Convention. Deadline for response: 15 December 2017.

OECD Working Group on Bribery Annual Consultation with External Stakeholders - 2017

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This Working Group on Bribery consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements.

Roundtable on 20 years of the Anti-Bribery Convention

0 sec ago
On the occasion of the 20th Anniversary of the OECD Anti-Bribery Convention, this roundtable will focus on the impact of the Convention 20 years on, the impact of the Convention on major emerging economies not yet party to the Convention, and the detection of foreign bribery.

Data on enforcement of the Anti-Bribery Convention

1 week 2 days ago
This enforcement data includes the number of criminal, administrative and civil cases of foreign bribery that have resulted in a final disposition, such as a criminal conviction or acquittal, or similar findings under an administrative or civil procedure.

OECD News - Development

International Economic Forum on Latin America and the Caribbean

1 year 24 weeks 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

1 year 25 weeks 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

1 year 25 weeks 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?

1 year 26 weeks 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

1 year 26 weeks 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

1 year 26 weeks 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

1 year 26 weeks 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

1 year 26 weeks 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

How self-sorting affects migrants’ labour market outcomes

18 hours 23 min ago
Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills.

Reviving productive investment in Estonia

23 hours 56 min ago
Since the crisis, Estonia has experienced one of the most pronounced declines in the ratio of non-residential investment to GDP in the OECD.

Urbanisation and Household Consumption in China

1 day 25 min ago
This paper focusses on the link between urbanisation and consumption behaviour in China.

Breaking the shackles: zombie firms, weak banks and depressed restructuring in Europe

3 days 5 min ago
This paper explores the connection between “zombie” firms (firms that would typically exit in a competitive market) and bank health and the consequences for aggregate productivity in 11 European countries.

Raising living standards and supporting investment by boosting skills in Slovenia

3 days 10 min ago
Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital.

Inclusive labour markets in the digital era: the case of Austria

3 days 15 min ago
Digitalisation is one of the megatrends affecting societies and labour markets, alongside demographic change and globalisation.

Austria’s digital transition: the diffusion challenge

3 days 23 min ago
Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.

Structural policy indicators database for economic research (SPIDER)

3 days 37 min ago
The database contains indicators capturing structural policies (including institutions, framework condition policies and policies specifically related to labour markets and drivers of productivity and investment such as trade, skills and innovation).

Designing fan charts for GDP growth forecasts to better reflect downturn risks

3 days 1 hour ago
Forecasts of GDP growth are typically over-optimistic for horizons beyond the current year, particularly because they fail to predict the occurrence or severity of future downturns.

GDP Growth - Third quarter of 2017, OECD

3 days 19 hours ago
OECD GDP growth slows to 0.6% in third quarter of 2017

Switzerland: Sustain high levels of well-being by boosting productivity growth

1 week 3 days ago
The Swiss economy has shown considerable resilience to shocks, but economic growth remains slow, and per capita income levels still hover at levels attained before the global economic crisis. Further reforms are needed to restore productivity growth, boost incomes and ensure that today’s high living standards and levels of well-being are passed on to future generations, according to a new report from the OECD.

OECD News - Finance

Financial education and financial consumer protection events in Latin America and the Caribbean

0 sec ago
11-14 December 2017, Rio de Janeiro, Brazil - A series of events addressing the most recent trends, opportunities and challenges in financial education, financial consumer protection and financial innovation will be co-hosted by the OECD and CVM Brazil.

OECD Guidelines on Insurer Governance

1 week 23 hours ago
16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis.

OECD Guidelines on Insurer Governance

1 week 23 hours ago
16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis.

India-OECD Global Symposium on Financial Education

2 weeks 1 day ago
New Delhi, India, 8-9 November 2017. This symposium looked at how to implement effective financial education policies in a changing financial landscape with a focus on financial education in the digital age.

World Trade Organization - News

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

1 day 18 hours ago
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 22 November 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”.

High-level Seminar on Global Deal and Trade: Making Globalisation Work for Everyone

1 day 18 hours ago

Azevêdo calls for greater inclusivity to maximize the benefits of economic progress

1 day 18 hours ago
Addressing a High-level Seminar on the Global Deal and Trade at the WTO on 22 November, WTO Director-General Roberto Azevêdo said that fostering greater inclusivity in global trade is one of the most pressing challenges of our age and a prerequisite to ensure everyone benefits from economic progress. DG Azevêdo hosted the event, dedicated to the theme “Making Globalization Work for Everyone”, together with the Prime Minister of Sweden, Stefan Löfven.

Trade Policy Review: Cambodia

2 days 21 hours ago
The second review of the trade policies and practices of Cambodia takes place on 21 and 23 November 2017. The basis for the review is a report by the WTO Secretariat and a report by the Government of Cambodia.

Canada donates CAD 100,000 to support LDCs’ participation in Ministerial Conference

3 days 18 hours ago
The Canadian Government is contributing CAD 100,000 (approximately CHF 77,000) to help developing and least-developed countries (LDCs) participate in the eleventh WTO Ministerial Conference (MC11), which will take place on 10-13 December 2017 in Buenos Aires, Argentina.

Members streamline texts on subsidy prohibitions for IUU fishing and overfished stocks

6 days 18 hours ago
In the run-up to the WTO 11th Ministerial Conference in Buenos Aires in December, WTO members worked to produce streamlined negotiating texts covering various proposals for subsidy prohibitions relating to illegal, unreported and unregulated (IUU) fishing and overfished stocks at the 13-17 November meetings of the Negotiating Group on Rules.

Members welcome Iraq’s firm intention to resume formal WTO accession negotiations

6 days 18 hours ago
At an informal meeting of the Working Party on the Accession of Iraq held on 17 November 2017, WTO members welcomed Iraq’s stated determination to resume its WTO accession process after nine years of dormancy. The meeting further provided the opportunity for the government of Iraq and members to exchange views on next steps for that formal resumption in the near term.

WTO issues panel report regarding US anti-dumping measures on certain Korean tubular goods

1 week 2 days ago
On 14 November the WTO circulated the panel report in the case brought by Korea in “United States — Anti-Dumping Measures on Certain Oil Country Tubular Goods from Korea” (DS488).

Trade Policy Review: Plurinational State of Bolivia

1 week 2 days ago
The fourth review of the trade policies and practices of the Plurinational State of Bolivia takes place on 14 and 16 November 2017. The basis for the review is a report by the WTO Secretariat and a report by the Government of the Plurinational State of Bolivia.

DG Azevêdo: Collective effort to address price volatility and food security is essential

1 week 3 days ago
Speaking at a session of the Global Market Information Group on 13 November, Director-General Roberto Azevêdo stressed that the Agricultural Market Information System (AMIS) promotes a rich and diverse source of perspectives essential for policy makers by bringing together data from a number of countries and international organizations. He underlined that the WTO Secretariat stands ready to help AMIS in ensuring increased transparency and improved policy co-ordination in international commodity markets as part of the collective effort to address global food security.

Latest trade indicator suggests trade growth will moderate in fourth quarter of 2017

1 week 3 days ago
The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will likely moderate in the fourth quarter of 2017. The reading of 102.2 signals continued trade expansion in volume terms, although the pace of growth should be slower than earlier in the year, when trade recorded strong increases.

WTO members review three regional trade agreements

1 week 6 days ago
WTO members reviewed the China-Korea Free Trade Agreement, the Mexico-Panama Free Trade Agreement and the interim Economic Partnership Agreement between the European Union and the Eastern and Southern Africa (ESA) States at the meeting of the Committee on Regional Trade Agreements (CRTA) on 9-10 November. Members also discussed how to improve the WTO’s monitoring work on RTAs.

Goods Council discusses US proposal to enhance transparency

1 week 6 days ago
The WTO Goods Council on 10 November considered the United States’ proposal to enhance transparency and strengthen notification requirements through a decision intended for the upcoming 11th Ministerial Conference (MC11) in Buenos Aires. The Council also took up e-commerce proposals and specific trade concerns.

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