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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?

International Monetary Fund (IMF); International … - 2012

This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...

Persistent link: https://www.econbiz.de/10009654140

Determinants of Emigrant Deposits in Cape Verde

International Monetary Fund (IMF); International … - 2006

In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This paper studies the long-run determinants of emigrant deposits with respect to risk,...

Persistent link: https://www.econbiz.de/10005825682

Determinants of Remittances; Evidence From tonga

International Monetary Fund (IMF); International … - 2011

This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in … remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the … analysis also finds that the influence of these determinants varies with the recipients of remittances, with remittances to non …

Persistent link: https://www.econbiz.de/10008839341

The Cyclicality of Fiscal Policies in the CEMAC Region

International Monetary Fund (IMF); International … - 2011

This paper examines fiscal cyclicality in the CEMAC region during 1980-2008. The issue has attracted very little empirical interest but is important if fiscal policies are to play a role in mitigating external shocks that exacerbate economic cycles across the region. We assess whether fiscal...

Persistent link: https://www.econbiz.de/10009293764

Post-Crisis Fiscal Policy Priorities for the AsEAN-5

International Monetary Fund (IMF); International … - 2010

This paper focuses on post-crisis fiscal priorities in the ASEAN-5 economies - Indonesia, Malaysia, Philippines, Singapore and Thailand. Sound economic fundamentals and timely and forceful policy responses to the crisis, including fiscal stimulus, contributed to rapid economic recovery in the...

Persistent link: https://www.econbiz.de/10008727808

Transition Economies; How Appropriate is the Size and Scope of Government?

International Monetary Fund (IMF); International … - 2001

have retrenched in terms of public expenditures in relation to GDP, as well as public employment as a share of population …

Persistent link: https://www.econbiz.de/10005826413

The Cyclicality of Fiscal Policy in the Middle East and Central Asia:Is the Current Crisis Different?

International Monetary Fund (IMF); International … - 2010

The countries of the Middle East and North Africa, and the Caucasus and Central Asia have the highest output volatility in the world. Fiscal policy is a powerful tool that can help dampen the business cycles. This paper analyzes the cyclical properties of fiscal policy in the region during the...

Persistent link: https://www.econbiz.de/10008470406

Impact of Government Expenditureon Growth; The Case of Azerbaijan

International Monetary Fund (IMF); International … - 2008

This paper evaluates a fiscal scenario based on the assumption of a rapid scaling-up of expenditure to be followed by a rapid scaling-down in the context of Azerbaijan's current temporary oil production boom. To this end, it relies on a review of historical precedents and a neoclassical growth...

Persistent link: https://www.econbiz.de/10005604953

Recapitalizing Banks with Public Funds; Selected Issues

International Monetary Fund (IMF); International … - 1999

Recapitalizing banks in a systemic crisis is a complex medium-term process that requires significant government intervention and careful management at both the strategic and individual bank levels. This paper highlights the range of operational and strategic issues to be addressed and the...

Persistent link: https://www.econbiz.de/10005605095

How Strong Are Fiscal Multipliers in the GCC? An Empirical Investigation

International Monetary Fund (IMF); International … - 2011

to substantial leakages through remittances and imports. The paper provides estimates of the size of fiscal multipliers …

Persistent link: https://www.econbiz.de/10008876588