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Russian Central Bank: The System Is Stable December 5, 2017 Russia recently rebounded from a two-year recession caused primarily by sanctions and a steep drop in oil prices. Today, inflation is close to its lowest for the post-Soviet period, the ruble has appreciated in value, and consumers and companies alike are benefiting from easier credit. We sat down with Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia, at the sidelines of the IMF’s 2017 Annual Meetings to talk about where the economy is headed and what challenges policymakers need to tackle to cement the recovery. Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia (photo: IMF) Taxes, Debt and Development: A One-Percent Rule to Raise Revenues in Africa 12/05/2017 07:59 AM EST By Vitor Gaspar and Abebe Aemro Selassie December 5, 2017 School children in Ghana: building a country’s tax capacity helps pay for education and health care (photo: Vacca Sintesi/SIPA/Newscom). Tax revenues play a critical role […]