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Somalia - Joint World Bank-IMF Debt Sustainability Analysis
World Bank Group - 2019
This report presents the first official debt sustainability analysis undertaken for Somalia. Based on both external and … public debt indicators, Somalia is in debt distress. Total public debt is very high, at dollar 4.8 billion, or 101 percent of … GDP at end-2018-nearly all of which is external (100 percent of GDP). The finding that Somalia is in debt distress …
Persistent link: https://www.econbiz.de/10012646575
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Fiscal Reforms That Work
International Monetary Fund - 1997
Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach - that a firm and credible reduction in expenditures, by engendering confidence that...
Persistent link: https://www.econbiz.de/10014402764
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Toward More Effective Redistribution : Reform Options for Intergovernmental Transfers in China
International Monetary Fund - 2004
Full implementation of an intergovernmental transfer system based on revenue capacities and expenditure needs could significantly improve both redistribution and equity objectives of the Chinese authorities. This was envisaged in the 1994 fiscal reforms, but the authorities were unable to...
Persistent link: https://www.econbiz.de/10014401323
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Monetary Control Procedures and Financial Reform : Approaches, Issues, and Recent Experiences in Developing Countries
International Monetary Fund - 1989
Many countries have initiated reforms in their monetary control procedures by relaxing direct controls and increasing the role of market processes. The changed approach is often inevitable when countries reform their financial systems in support of growth and adjustment. This is because reform...
Persistent link: https://www.econbiz.de/10014396083
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From Stimulus to Consolidation : Revenue and Expenditure Policies in Advanced and Emerging Economies
International Monetary Fund - 2010
This review marks the 10th anniversary of the safeguards policy. Introduced in March 2000, the policy's main objective is to mitigate potential risks of misuse of resources, including Fund resources, and misreporting of monetary program data. The policy was last reviewed in 2005, when the...
Persistent link: https://www.econbiz.de/10014410475
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The Fiscal and Economic Effects of Federal Credit Assistance Programs
International Monetary Fund - 1990
While federal credit programs are varied in form, their fiscal and economic effects arise primarily from the same source—each program’s subsidy component. Recent credit reform proposals would make control of credit subsidies the primary focus of budgetary efforts. By subjecting these...
Persistent link: https://www.econbiz.de/10014396099
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Indonesia: selected issues
Adler, Gustavo; Li, Xianming; Ramakrishnan, Uma; … - 2010
Persistent link: https://www.econbiz.de/10009504203
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Global Monitoring Report 2014/2015 : Ending Poverty and Sharing Prosperity
World Bank - 2014
The Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity was written jointly by the World Bank Group (WBG) and the International Monetary Fund, with substantive inputs from the Organisation for Economic Co-operation and Development. This year's report details, for the first...
Persistent link: https://www.econbiz.de/10011394064
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Global Monitoring Report 2006 : Millennium Development Goals - Strengthening Mutual Accountability, Aid, Trade, and Governance
International Monetary Fund - 2012
One decade remains to meet the Millennium Development Goals (MDGs) that the international community set out in 2000. Yet the world is still far from achieving the MDGs. This Global Monitoring Report (GMR) reviews the efforts under way to strengthen mutual accountability. Greater resource flows...
Persistent link: https://www.econbiz.de/10012563224