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Former Yugoslav Republic of Macedonia; Report on Observance of Standards and Codes: Fiscal Transparency Module
International Monetary Fund (IMF); International … - 2006
relation to the requirements of the IMF Code of Good Practices on Fiscal Transparency based on discussions with the authorities …
Persistent link: https://www.econbiz.de/10011244381
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United States; 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They...
Persistent link: https://www.econbiz.de/10011244857
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Paraguay; Request for Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay
International Monetary Fund (IMF); International … - 2006
The authorities’ program for 2003–05, supported by the previous Stand-By Arrangement (SBA), successfully stabilized the economy despite difficult conditions. A new economic program for 2006–08 is needed to consolidate macroeconomic stability, address remaining...
Persistent link: https://www.econbiz.de/10011245700
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A Model of the Imf As a Coinsurance Arrangement
Chami, Ralph; Shim, Ilhyock; Sharma, Sunil - International Monetary Fund (IMF) - 2004
of the coinsurance arrangement is examined under different loan contracts offered by the IMF. The analysis suggests that …, if the IMF’s objective is to safeguard its resources and be concerned about the welfare of the borrower, an ex ante loan …
Persistent link: https://www.econbiz.de/10005264158
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Considering the IMF's Perspective on a "Sound Fiscal Policy"
Heller, Peter S. - International Monetary Fund (IMF) - 2002
This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial …
Persistent link: https://www.econbiz.de/10005264256
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The Fund, Commercial Banks, and Member Countries
Paul Mentré - International Monetary Fund (IMF) - 1984
Persistent link: https://www.econbiz.de/10005824865
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From Crisis to Recovery in Korea; Strategy, Achievements, and Lessons
Kang, Kenneth; Liang, Hong; Ma, Henry; Richards, Anthony J. - International Monetary Fund (IMF) - 2001
This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 and its vulnerability to a balance of payments crisis has been reduced sharply. Significant...
Persistent link: https://www.econbiz.de/10005825786
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Vested Interests in a Positive Theory of IFI Conditionality
Mourmouras, Alex; Mayer, Wolfgang - International Monetary Fund (IMF) - 2002
Understanding of the domestic political environment is key to building broad country ownership and the successful implementation of reform programs supported by international financial institutions (IFIs). But recipient countries are not unitary actors: policymakers are influenced by special...
Persistent link: https://www.econbiz.de/10005825788
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Statistical Legislation; Toward a More General Framework
Khawaja, Sarmad; Morrison, Thomas K. - International Monetary Fund (IMF) - 2002
The paper outlines a general framework for statistical legislation. The implications of statistical legislation for the whole statistical system, as well as for centralized versus decentralized statistical systems, are addressed. The general framework is spelled out by identifying "essential"...
Persistent link: https://www.econbiz.de/10005826011
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International Financial Contagion and the Fund; A Theoretical Framework
Clark, Peter B.; Huang, Haizhou - International Monetary Fund (IMF) - 2001
a lower IMF rate. Highly indebted countries hit by large negative shocks to output will default. The resulting reduction … further rounds of defaults. In this environment the IMF can limit default and internalize the externality generated by … contagion through its lending with conditionality. We characterize the IMF's optimal lending decision in mitigating the loss in …
Persistent link: https://www.econbiz.de/10005826144