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Why the Arab World Needs an Economic Spring

By Nemat Shafik (Version in عربي) What strikes you on a trip to the Middle East is that everyone is talking politics—all of the time. That had been the case in countries like Lebanon where it is a...

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Growing Institutions? Grow the People!

By Sharmini Coorey (Version in Español) “When you speak about institutions, in fact, you are speaking about the people.” These words, by Kosovo’s central bank governor Gani Gergüri at a recent...

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25 Years of Transition

By iMFdirect What a difference 25 years can make. The fall of the Berlin Wall on November 9, 1989 was  a day that changed world history and transformed Europe. Central and Eastern Europe embarked on a...

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State Ownership in Europe’s Former Socialist States: The Unfinished Reform...

By Poul Thomsen As we approach the 30th anniversary of the fall of the Berlin Wall, the former socialist countries of Central, Eastern, and Southeastern Europe (CESEE) have made tremendous progress in...

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