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For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Banks and banking. --- Finance. --- Global Financial Crisis, 2008-2009. --- International finance. --- Banks and Banking --- Exports and Imports --- Labor --- Macroeconomics --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Aggregate Factor Income Distribution --- Health: General --- Current Account Adjustment --- Short-term Capital Movements --- Education: General --- Public finance & taxation --- International economics --- Labour --- income economics --- Health economics --- Public debt --- Health --- Income inequality --- Education --- Poverty --- Debts, Public --- Income distribution --- Balance of payments --- United States --- Income economics

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For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Financial services industry -- Government policy. --- Financial services industry -- Law and legislation. --- International finance. --- Banks and Banking --- Exports and Imports --- Finance: General --- Macroeconomics --- Money and Monetary Policy --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Aggregate Factor Income Distribution --- Trade Policy --- International Trade Organizations --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Fiscal Policy --- International economics --- Monetary economics --- Finance --- Banking --- Currencies --- Income inequality --- Emerging and frontier financial markets --- Currency reform --- Money --- Income distribution --- Financial services industry --- Fiscal policy --- International trade --- United States

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The year was marked by difficult challenges and milestone achievements. To reinvigorate modest growth at a time of uncertainty about a complicated global economy, the IMF membership endorsed a three-pronged approach of monetary, fiscal, and structural policies to get the world economy back on a stronger and safer growth track. Highlights of the IMF’s work during the year included entry into effect of its quota and governance reforms approved in 2010, which increase the Fund’s core resources and make it more representative of the membership; commitments for increased financial support, policy advice, expertise, and training to help low-income developing countries achieve the U.N. Sustainable Development Goals; analysis of the international monetary system; inclusion of the Chinese currency in the basket of currencies that make up the Special Drawing Right; and policy advice on the economic repercussions of mass migration of refugees from Syria and other conflict-afflicted states. The IMF Annual Report, which covers the period May 1, 2015 to April 30, 2016, discusses all of these issues, plus a wide range of policy matters that the Executive Board addressed during the year.

Fiscal policy. --- Finance, Public. --- Banking --- Banks and Banking --- Banks and banking --- Banks --- Climate --- Credit --- Depository Institutions --- Finance --- Finance: General --- Financial services industry --- General Financial Markets: Government Policy and Regulation --- Global Warming --- Government and the Monetary System --- Income economics --- Income inequality --- International finance --- International monetary system --- Labor economics --- Labor Economics: General --- Labor --- Labour --- Macroeconomics --- Micro Finance Institutions --- Monetary economics --- Monetary Systems --- Money and Monetary Policy --- Mortgages --- Natural Disasters and Their Management --- Payment Systems --- Public finance & taxation --- Public Finance --- Regimes --- Standards --- United States

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This year, we mark the 70th anniversary of the IMF and World Bank and the 50th anniversary of F&D. The world has seen a staggering amount of change in the past seven decades. So, with these two anniversaries in mind we focused our attention on the transformation of the global economy—looking back and looking ahead. What will the global economy look like in another 70 years? Five Nobel laureates—George Akerlof, Paul Krugman, Robert Solow, Michael Spence, and Joseph Stiglitz—share their thoughts on which single “frontier” issue promises to shape the economic landscape in the years ahead. In “A World of Change,” Ayhan Kose and Ezgi Ozturk chart the economic transformations of the past 70 years. Martin Wolf looks at the perils and promise of globalization in “Shaping Globalization.” IMF Chief Christine Lagarde charts a course for the IMF in the next decade in Straight Talk IMF Chief Economist Olivier Blanchard distills the lessons of the 2008 global financial crisis in “Where Danger Lurks.” This issue also features cartoonist Nick Galifianakis and Joe Procopio telling the story of the IMF’s origins in a seven-page comic. The People in Economics series profiles a giant in economics—Nobel winner and Stanford professor Ken Arrow, who built on an early passion for math and work in meteorology during World War II to launch a storied career in economics. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality—the most hotly debated economic issue of recent days—by Jonathan Ostry and Andrew Berg round out the package.

Global Financial Crisis, 2008-2009.. --- International economic relations.. --- International finance. --- International monetary system --- International money --- Finance --- International economic relations --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Financial crises --- Finance: General --- Financial Risk Management --- Foreign Exchange --- Macroeconomics --- Money and Monetary Policy --- Aggregate Factor Income Distribution --- Personal Income, Wealth, and Their Distributions --- Financial Crises --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Economic & financial crises & disasters --- Monetary economics --- Environmental management --- Income inequality --- Personal income --- Income distribution --- Income --- International finance --- Foreign exchange --- United States