| Anne Krueger
A strong, well-functioning financial sector is crucial for any economybe it industrial, emerging market, or even low-income, says Anne Krueger, first deputy managing director at the IMF
The big announcements on asset-backed securities by the European Commission and European Central Bank could mean that these securitized products become more commonly used.
Europe is stuck. On both monetary and fiscal policy, the continent is divided. Everyone likes structural reform - except voters. So creativity is called for. How about giving money to the poor?
Agustín Carstens, Jean-Claude Trichet and Henry Rotich, leading current and former policymakers, tell Emerging Markets why they trust the US Federal Reserve to handle the normalisation of monetary policy with care
Still smarting from defeat in the US Supreme Court over the bond holdouts, Argentina’s economy minister Axel Kicillof insists the recession-hit country is in the right and is turning down offers of money
Bank debt issuance across Asia is soaring this year, driven by the need to comply with Basel III regulations. Fresh impetus from China is set to send volumes higher still
It is 13 years since the IMF called for an international agreement on how to wind up defaulted sovereign debt. Still there is no mechanism, and regrettably the vulture funds pursuing Argentina still seem to hold sway in the US. It's time for change
There is still pessimism in the business community but I feel the central bank and finance ministry are trying to get closer to the private sector in order to lift confidence
Paulina Yazigi Salamanca, Credicorp
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