Fiscal austerity is making it harder for countries worst hit by the economic crisis to reduce their budget deficits and restore market confidence, the National Institute for Economic and Social...
Around 50 million jobs have gone ‘missing’ since the start of the global economic crisis in 2008 and the deficit is unlikely to be closed in the near future, according to the International Labour...
Too much European Union development aid goes to middle-income countries bordering the bloc and not enough to the world’s poorest people and countries, UK MPs said today.
Ireland has passed the latest review of progress towards the targets set by the European Union and International Monetary Fund’s €67.5bn bailout programme.
The UK needs to ensure its support for overseas elections has long-term benefits and should seek alternatives to the United Nations to channel the aid, the Independent Commission for Aid Impact said...
European Union countries are likely to miss their collective goal of spending 0.7% of their gross national income on development aid by 2015, the Organisation for Economic Co-operation and...
European Union member states’ combined deficit fell last year, but levels of public sector debt increased, according to figures published today by Eurostat.
Developing and emerging market countries have called on the World Bank and its shareholders to take action to ensure it can lend enough money to support their long-term development needs.
The Group of 20 must encourage governments to seriously address the quality of public sector financial management, the International Federation of Accountants said yesterday.
The European Investment Bank needs more capital funding from European Union member states to do more for growth and jobs, the vice-president of the European Commission said yesterday.
US national Dr Jim Yong Kim has been chosen as the next president of the World Bank, beating Nigerian finance minister Ngozi Okonjo-Iweala to become the twelfth holder of the post.
Governments must reduce debt levels to 50% of gross domestic product or lower to provide a safety margin against future economic shocks, the Organisation for Economic Co-operation and Development...
The International Monetary Fund has backed the UK government’s plans to link the state retirement age to increases in longevity, warning that the costs of an ageing population could ‘threaten the...
Improving the governance of state-run enterprises would help to restore confidence in public institutions in the Middle East and North Africa in the wake of the Arab Spring, the Organisation for...
International Monetary Fund managing director Christine Lagarde has called for higher contributions from member countries, warning that there is a need to ‘increase our firepower’ in response to the...
It’s not just national governments facing debt crises and ratings downgrades. Local and regional authorities worldwide have been in meltdown, as the credit squeeze hits. But some are starting to...
