Issues Briefs List 2001
These briefs are prepared by IMF staff for public information and as a contribution to debate on issues of topical interest.
|100 Percent Debt Cancellation? A Response from the IMF and the World Bank -- An IMF Issues Brief At the close of the last millennium, the international community succeeded in achieving an ambitious and important goal in our shared fight against poverty. In 1999, we committed ourselves to deeper, broader and faster debt relief to every eligible country which could translate the resources into better prospects for its poor. By the end of June 2001, agreements were in place - with relief flowing - to 23 countries, 19 of them in Africa, for debt service relief amounting to some $34 billion. And we are committed to helping the remaining HIPCs do what is necessary to access debt relief under the Initiative.||July 10, 2001|
|IMF Lending to Poor Countries - How does the PRGF differ from the ESAF? -- An IMF Issues Brief The core aim of the PRGF is to arrive at policies that are more clearly focused on economic growth and poverty reduction and, as a result of better national ownership, more consistently implemented.||April 30, 2001|
|Standards and Codes: the IMF's Role -- An IMF Issues Brief In the wake of recent international financial crises, attention has focused on the adoption and implementation of internationally-recognized standards and codes of good practice in economic and financial affairs as a tool to reduce the risk of future crises. These standards and codes can help countries to conduct their economic and financial affairs in prudent and transparent ways, so that the international financial system will be more stable and less prone to crises.||April 26, 2001|
|Transparency -- An IMF Issues Brief Greater openness in economic policymaking and in the dissemination of data on economic and financial developments are key elements of the international community's efforts to be more effective at preventing financial crises. This emphasis on transparency promotes the orderly and efficient functioning of financial markets, reduces the likelihood of shocks, and enhances the accountability of policymakers. Many countries have taken steps in recent years to become more transparent, and the IMF has undertaken initiatives to make its operations and policy deliberations more open to the public while safeguarding its role as confidential adviser to governments.||April 26, 2001|