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    • Point of View: No Time for Half Measures

      IMF· 1 day ago

      ...in celebration of the IMF’s 75th anniversary, I noted eight crucial features of this changing world: a huge shift in relative economic and political power from long-established high-income countries toward emerging market economies, especially China; growing rivalry between the US and a rising...

    • Point of view: Special Drawing Rights Reconsidered

      IMF· 1 day ago

      The IMF’s principal purpose, according to its Articles of Agreement, is to promote international monetary cooperation by providing “the machinery for consultation and collaboration ...