Bank of Japan-IMF High-Level Seminar “Challenges of the Global Financial System: Risks and Governance under Evolving Globalization”

Opening Remarks By Christine Lagarde, Managing Director, International Monetary Fund Tokyo, October 14, 2012 As prepared for delivery Good afternoon. I would like to welcome you to our seminar. When I first looked at the list of panelists and keynote speakers, I realized that the title of today’s event is a bit of an understatement. …

We can Social Media Integrate you and your business.

Even as you read this, the social media space is abuzz with excitement. Presidential candidates are running their election campaigns. Irate customers and disgruntled employees are voicing their dissent. Norwegian protesters are posting their anguish about fishing in Japan. While tech savvy companies are connecting their brands with customers, grabbing the eyeballs that matter. Yes, …

Statement by the Finance Minister of India Shri P. Chidamabaram at the 26th Meeting of the International Monetary and Financial Committee (IMFC) in Tokyo

Statement made by the Union Finance Minister and Leader of the Indian Delegation Shri P. Chidamabaram at the 26th Meeting of the International Monetary and Financial Committee (IMFC) in Tokyo yesterday  (Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka) Mr. Chairman,  We are meeting at a time when the global economy is …

IMF – Development Committee Communiqué

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Tokyo, Japan October 13, 2012 1. The Development Committee met today, October 13, 2012, in Tokyo. 2. The global economy remains vulnerable. Challenges persist in many developed economies, while growth is slowing …

IMF Distributes US$1.1 Billion of Gold Sales Profits in Strategy to Boost Low-Cost Crisis Lending to Low-Income Countries

October 13, 2012 The International Monetary Fund (IMF) will distribute SDR 700 million (about US$1.1 billion) in reserves attributed to windfall gold sales profits to its members in order to boost its concessional lending capacity for low-income countries during the global crisis. The distribution is a key element of a 2009 plan to boost concessional lending capacity to …

Gartner Says India Has the Potential to Take a Lead in the Nexus of Cloud, Social, Mobile, and Information Computing

India’s unique socio-economic development could create a conducive climate for the development of the nexus of converging forces – social, mobile, cloud and information – which will form the basis of the technology platform of the future, according to Gartner, Inc. However, uncertainty over the country’s economy, infrastructure and population dynamics will mean that it …