emerging economies

WASHINGTON

Pressure Grows on Washington to Pass IMF Governance Reforms

More than 130 scholars, former government officials and policymakers are calling on the U.S. Congress to enact pending legislation enabling broad governance reforms within the International Monetary Fund (IMF) that would strengthen the voice of developing countries within the institution.

National Legislation Key to Combating Climate Change

A majority of major economies have made significant progress in addressing climate change, with countries like South Korea and China taking aggressive action so they can benefit from energy- and resource-efficient economies, a new report released Monday found.