The Stability and Growth Pact remains the cornerstone of the EU’s budgetary framework.

If the countries of the world work together, the challenges posed by the credit crisis can be overcome.

Three elections in two years and an inflation overshoot are compounding the uncertainty for Serbia’s banks, but foreign players still see great potential. Nick Saywell reports from Belgrade.

Against a backdrop of change at the top of both the World Bank and the IMF, Jane Monahan reports on how the two institutions are responding to changing demands in a global economy and their efforts to remain relevant.

EU trade commissioner Peter Mandelson is fighting for a breakthrough in the Doha Round of trade negotiations.

What is taken as gospel truth in European and American business circles, namely the infallibility of the western model, is far from accepted in the rest of the world. Brian Caplen explains why the dissenters exist and why their influence seems to be growing.

Not only are there moves afoot to review the regional imbalances in the IMF’s and World Bank’s funding programmes but also calls to review the way the institutions’ leaders are chosen. 

Flat tax is unpalatable to governments of established economies but its adoption by emerging countries could spark a rethink.

With demographic change and globalisation presenting fresh challenges, Rodrigo de Rato explains how the 60-year-old International Monetary Fund is adapting itself to new paradigms.

The common belief is that inflation has been permanently tamed but a number of economic factors indicate that its return is more than likely, reports Anthony Hilton.