Wednesday, January 17, 2007

IMF Survey

The latest edition of the IMF Survey is out;

Interview with Raghuram Rajan
"In some ways. After all, one reason reform in India took off was that Indians saw that a large neighboring country with similar problems could grow fast. Previously, they had always dismissed the East Asian miracle as a “small country” phenomenon. What’s dangerous is that now that the world is talking about “Chindia,” Indian reformers might sit back and say, “We’ve arrived.” As the Indian Prime Minister recognizes, India still has a long way to go. Indian growth rates are approaching Chinese growth rates, but China has been growing at this rate for at least 25 years. India has only about 15 years under its belt, and a lot has to go right for it to be truly in the same league as China."


In times of plenty, IMF prepares for rainy day

Sustaining Latin American growth

Nepal: the challenge of translating peace into prosperity

How budgetary institutions can improve fiscal outcomes

Rethinking fuel subsidies

The “I”s have IT
The software industry is eyed by many emerging market economies as a pathway to export earnings and economic growth. At a talk at the IMF in December, Carnegie-Mellon University’s Ashish Arora said that the success of software exports from the “I” countries—India, Ireland, and Israel—reflected as much good luck and trust in entrepreneurship as successful government policies or better human capital.

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