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Persistent link: https://www.econbiz.de/10014410604
Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP-more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as...
Persistent link: https://www.econbiz.de/10014408600
The Rapid Credit Facility (RCF) and Rapid Financing Instrument (RFI) are valuable components of the disaster risk … access limits of 60 percent of quota under the RCF and RFI for countries experiencing severe natural disaster-related damages …. The focus of this paper is to specify the threshold of damage from a natural disaster that would allow members …
Persistent link: https://www.econbiz.de/10014408736
This paper proposes that the Executive Board approve the disbursement of a second 6-month tranche of CCRT debt service relief to 28 of the 29 members, covering the period October 14, 2020 through April 13, 2021, given staff's assessment that sufficient financial resources are available.2 In this...
Persistent link: https://www.econbiz.de/10014408890
The quota database has been updated by one year through 2014. Overall, the results of the update continue the broad trends observed in previous updates, but the shifts between the main country groups are generally smaller. Using the current quota formula, the calculated quota share of Emerging...
Persistent link: https://www.econbiz.de/10014408603
This paper describes a simulation model that can serve as a basis for a developing country growth-oriented adjustment …
Persistent link: https://www.econbiz.de/10014396288
Effects of different policy rules are simulated: uncoordinated targeting of the money supply or nominal income, use of monetary policy to achieve coordinated targets for nominal or real exchange rates, and the use of monetary and fiscal policies to hit targets for internal and external balance....
Persistent link: https://www.econbiz.de/10014396458
This paper examines the Staff-Monitored Program (SMP) for Malawi. The authorities have requested staff monitoring of their macroeconomic program for the 2004/05 fiscal year (June–July) with a view to establishing a performance track record that could lead to a new Poverty Reduction and Growth...
Persistent link: https://www.econbiz.de/10014405679
The experts reviewed the institutional framework, the relevant Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) laws, regulations, guidelines, and other requirements, and the regulatory and other systems in place to deter money laundering (ML) and the financing of...
Persistent link: https://www.econbiz.de/10011243975
The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the...
Persistent link: https://www.econbiz.de/10011242533