Visitors are silhouetted against the logo of the International Monetary Fund at the main venue for the IMF and World Bank annual meeting in Tokyo, October 10, 2012. (REUTERS/Kim Kyung-Hoon)

Blog Post

What Brookings Scholars Are Saying about the IMF & World Bank Spring Meetings

April 9, 2014, Fred Dews

The World Bank and International Monetary Fund hold their annual meetings this weekend in Washington, D.C. According to the IMF's World Economic Outlook, "Global growth is now projected to be slightly higher in 2014" yet "downward revisions to growth forecasts in some economies highlight continued fragilities, and downside risks remain." Here is some of what Brookings experts are saying about the agenda.

  • In the News

    It’s a much cruder attempt to obtain [Gallup's self-reported household income data], and yet the results seem broadly in the same range [as the World Bank's]. So it seems that we can assume rough and ready estimates through a much less laborious process.

    December 23, 2013, Laurence Chandy, Al Jazeera English
  • Podcast

    Ending Extreme Global Poverty

    November 8, 2013, Laurence Chandy and Fred Dews

  • In the News

    Mobile money is a disruptive technology which sits somewhere in between telecommunications and the banking sector. In weak regulatory environments, deployments are able to take advantage of this ambiguity by avoiding the kind of oversight they would normally be subject to.

    November 1, 2013, Laurence Chandy,
  • In the News

    Aid agencies tend to jump in to help countries, duplicating efforts and complicating matters for governments that have limited capacity to deal with so many organizations.

    June 15, 2013, Laurence Chandy, Reuters
  • In the News

    Unless growth goes through the roof, it is not possible to maintain the trend rate of poverty reduction with so many fewer individuals ready to cross the line.

    May 30, 2013, Laurence Chandy, The Economist
  • In the News

    [A large group of people are currently hovering near the $1.25-a-day poverty line.] It is a dismal reflection of human progress, but it also has an upside. The potential for further poverty reduction over the immediate future is there for the taking.

    May 9, 2013, Laurence Chandy, Washington Post
  • In the News

    M-Paisa has made a big contribution toward eliminating corruption and theft in Afghanistan’s public sector. It fundamentally changes what it means to be poor.

    March 2, 2013, Laurence Chandy, TIME
  • In the News

    Within as little as three years, almost all adults in Kenya were banked; they were using [mobile money.] This is in a country where around two-thirds of people live below $2 a day and typically don’t have access to formal financial services.

    November 22, 2012, Laurence Chandy, Voice of America
  • In the News

    Roughly speaking, 1 billion people have been lifted out of poverty since 1990, in China, India, Vietnam, Indonesia and even now in sub-Saharan Africa. In the last decade, we've had the most rapid reduction in poverty in history.

    October 24, 2012, Homi Kharas, Global Post
  • In the News

    When we talk about poverty in the developing world, we use an absolute poverty line of a dollar a day. It doesn't matter whether the country grows richer over time, we stick with that same measure. Whereas in…Western countries, we use a relative measure of poverty, which does change over time [and] does change with the fortunes of the other people in the economy.

    September 5, 2012, Laurence Chandy, CNN

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