IMF, World Bank Warn of Imbalances
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Although the economy as a whole is in its best shape in three decades, improved growth is threatened by disparities between wealthy nations and the developing world as well as rising oil prices.
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The world economy has  weathered sharp drops in asset prices well so far but could  face a slowdown if market volatility continues, central bank  chiefs from key developing nations said on Saturday.
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A global economic slow-down is looking more likely because of higher oil prices and a US housing dip, the IMF warns.
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Top world finance ministers warned Saturday that the global economy faces growing threats from a US housing slump and credit crunch, urging banks to come clean on their subprime loan losses.
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The International Monetary Fund has warned that rising interest rates in some of the world&#39;s biggest economies may slow global house price growth.
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Inflation and recession add to the list of world issues on the agenda at the World Economic Forum.
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Some suggest that excess liquidity could threaten the world's economy.
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Nearly a decade ago, the International Monetary Fund drew rebukes for prescribing drastic reforms during the Asian economic crisis that erupted in 1997. Today, the IMF is again battling controversy, with some saying its efforts to give more say to emerging economies are not enough.
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GENEVA : China called on the World Bank and the International Monetary Fund (IMF) to help small textile and clothing exporting countries that are threatened by the end of import quotas at the end of the year.
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The International Monetary Fund yesterday issued a warning that record oil prices will stunt the growth of the global economy next year and oil prices are likely to remain high for 10 years or more.
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The IMF says that global economic growth is likely to be dampened by the turbulence which has swept world markets.
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The World Bank warns Cambodia that it needs to quicken reform to avoid severe economic problems.
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New calculations by the World Bank suggest China may not be so rich after all, and could deflate arguments for a need to revalue the yuan.
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The world economy is sound, although financial markets may remain ragged for some time, and China must let its currency rise faster to rebalance global growth, finance officials from rich nations said on Friday.
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Talks on rebalancing voting power in  the International Monetary Fund start on Monday with some major  emerging economies already complaining that an opening proposal  fails to clearly spell out changes needed to give them more say  in the institution.
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PORTO ALEGRE, Brazil -- Participating in the World Social Forum for the first time, the International Monetary Fund and the World Bank tried to assure social and leftist activists yesterday that they are increasingly heeding calls for a more aggressive fight against poverty.
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The recent jump in world oil prices has cast a cloud over the global economic recovery, the International Monetary Fund says. The Washington-based watchdog said world growth was expected to be the strongest