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Extension of Consultation Cycles Due to COVID-19 Pandemic

International Monetary Fund - 2020

To better respond to the unprecedented demand from the membership for financing and crisis support in response to the covid-19 pandemic, there is a temporary postponement of staff's work on Article IV consultations and mandatory Financial Stability Assessments. To ensure the postponement has no...

Persistent link: https://www.econbiz.de/10014408792

Proposed Modification of the Policy on Provision of Consulting Services by the External Audit Firm

International Monetary Fund - 2014

provision of non-audit-related consulting services by the Fund's external audit firm and replacing it with a blacklist approach … implement such a change. This would align the Fund's policy on the provision of consulting services by the external audit firm … with practices followed in major jurisdictions and allow the external auditor to perform certain consulting services with …

Persistent link: https://www.econbiz.de/10014410573

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

International Monetary Fund - 1989

This paper develops a small analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring a nominal devaluation. The effects of postponing adjustment depend on the source of the original...

Persistent link: https://www.econbiz.de/10014396111

The Macroeconomic Effects of Fund-Supported Adjustment Programs : An Empirical Assessment

International Monetary Fund - 1988

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395965

Fund Concessional Financial Support For Low-Income Countries-Responding To The Pandemic

International Monetary Fund - 2021

This paper proposes a package of policy reforms and a funding strategy to ensure that the Fund has the capacity to respond flexibly to LICs' needs during the pandemic and recovery. The key policy reforms proposed include: -- raising the normal annual/cumulative limits on access to PRGT resources...

Persistent link: https://www.econbiz.de/10014410832

The Macroeconomics of Managing Increased Aid Inflows : Experiences of Low-Income Countries and Policy Implications

International Monetary Fund - 2005

Investigates the macroeconomic challenges for low-income countries created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, and then applies this framework to the experience of five relatively well-governed countries that...

Persistent link: https://www.econbiz.de/10014409798

Fiscal Policy Response to Scaled-Up Aid

International Monetary Fund - 2007

Sound fiscal policies are critical for handling aid volatility as well as for making effective use of scaled-up aid and other flows. By easing resource constraints, these flows allow low-income countries (LICs) to increase spending aimed at enhancing growth and reducing poverty. Effective...

Persistent link: https://www.econbiz.de/10014409856

Food and Fuel Prices-Recent Developments, Macroeconomic Impact, and Policy Responses-An Update

International Monetary Fund - 2008

This report updates the macroeconomic assessment of the impact of global food and fuel price increases provided in the IMF June 2008 Board paper: Food and Fuel Prices-Recent Developments, Macroeconomic Impact, and Policy Response. Food and oil prices peaked in early summer-in particular, oil...

Persistent link: https://www.econbiz.de/10014409865

The Implications of the Global Financial Crisis for Low-Income Countries-An Update

International Monetary Fund - 2009

Low-income countries are being hit hard by the global financial crisis. They are facing a sharp contraction in export growth, FDI inflows, and remittances, and lower-than-committed aid. But a marked recovery is in prospect for 2010 helped by rising world demand and supported by short-term...

Persistent link: https://www.econbiz.de/10014410027

The Macroeconomic Impacts of Counterpart Funds

International Monetary Fund - 1989

This paper analyzes the macroeconomic impacts of the creation, accumulation, and use of counterpart funds. It draws attention to the importance of including counterpart funds in the design of macroeconomic policies to ensure their consistency. It shows that the creation or accumulation of...

Persistent link: https://www.econbiz.de/10014396384

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