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Ratings Game
Panayotis Gavras
Use of credit rating agencies' ratings by regulators amounts to a privatization of the regulatory process
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The Global Land Rush
Rabah Arezki, Klaus Deininger, and Harris Selod
Investors are buying farmland in developing countries
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Making the Grade
Emmanuel Jimenez, Elizabeth M. King, and Jee-Peng TanRevamping what and how young people learn will help them and their countries
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Empowering Women Is Smart Economics
Ana Revenga and Sudhir Shetty
Closing gender gaps also benefits countries as a whole
YOUTH FINDING A VOICE
Youth in the Balance
David E. Bloom
Frustrated and angry, the world's young people are
demanding change
IMF podcast: Combating youth unemployment in Africa
Making the Grade
Emmanuel Jimenez, Elizabeth M. King, and Jee-Peng Tan
Revamping what and how young people learn is the best way to help them and their home countries succeed
Straight Talk: Stolen Dreams
Nemat Shafik
Our ability to set the world economy straight will decide the fate of today's young people
IMF video: Where are the
jobs? Generation Y asks
Empowering Women Is
Smart Economics
Ana Revenga and Sudhir Shetty
Closing gender gaps also benefits countries as a whole
Also in This Issue
Will the Renminbi Rule?
Eswar Prasad and Lei Ye
The yuan is on track to become more important globally, but is unlikely to challenge the dollar anytime soon
IMF podcast: China rising
Protecting the Whole
Luis I. Jácome and Erlend W. Nier
Keeping individual financial institutions sound is not enough. A broader macroprudential approach is needed
Ratings Game
Panayotis Gavras
Private credit rating agencies have been thrust into providing a public function because regulators have not come up with an alternative
Picture This: Growing
Out of Poverty
Alicia Bárcena
Poverty in Latin America is at its lowest level in 20 years
The Global Land Rush
Rabah Arezki, Klaus Deininger, and Harris Selod
Foreign investors are buying up farmland in developing countries
IMF podcast: Moving beyond agriculture
Departments
People in Economics
Back to Basics
What Is a Bank?
Jeanne Gobat
Institutions that match up savers and borrowers help ensure that economies function smoothly
Book Reviews
In the Wake of the Crisis: Leading Economists Reassess Economic Policy,
Olivier J. Blanchard, David Romer, A. Michael Spence, and Joseph E. Stiglitz, eds.
Why Nations Fail: The Origins of Power, Prosperity, and Poverty,
Daron Acemoglu and James A. Robinson
IMF podcast: Inclusiveness Essential to Growth, says Acemoglu
Finance and the Good Society,
Robert J. Shiller
IMF podcast: The Moral Limits of Markets
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