Financial discipline at Mexico’s subnational level still has a long way to go if public finance administration is not considered as part of the reform agenda. This article sparks a debate about public financial management core issues perhaps influencing borrowing decisions at the subnational level.
After the IMF/World Bank Annual Meetings in October 2009: What is New and What is (Still Expected) to Change
by Adrian Ineichen New Lending Facilities and Their Impact The IMF and the World Bank held their annual meeting in early October in Istanbul. In response to the global financial crisis, over the past two years both institutions have revamped their facilities and increased their lending to ailing countries.