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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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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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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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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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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
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From Crisis to IMF-Supported Program; Does democracy impede the speed required by financial markets?
Mody, Ashoka; Saravia, Diego - International Monetary Fund (IMF) - 2008
agreement on an IMF-supported adjustment program. This span appears to have decreased over time. More precisely, we find that …
Persistent link: https://www.econbiz.de/10005605163
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Identifying Fiscal Policy Transmission in Stochastic Debt Forecasts
Kawakami, Kei; Romeu, Rafael - International Monetary Fund (IMF) - 2011
A stochastic debt forecasting framework is presented where projected debt distributions reflect both the joint realization of the fiscal policy reaction to contemporaneous stochastic macroeconomic projections, and also the second-round effects of fiscal policy on macroeconomic projections. The...
Persistent link: https://www.econbiz.de/10009019604
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Mali; Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria: Staff Report; and Press Release...
International Monetary Fund (IMF); International … - 2006
Mali’s economy is showing renewed momentum resulting from a strong 2005–06 cereal harvest and strengthening terms of trade. The fiscal program remained well on track through end-2005. Discussion of the macroeconomic outlook focused on production-side growth prospects, such as...
Persistent link: https://www.econbiz.de/10011242861