Showing 1 - 10 of 109
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/10014402817
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than developed countries. The empirical results support...
Persistent link: https://www.econbiz.de/10014401431
Based on data collected on a wide range of financial sector indicators, new indices of financial development for countries in the Middle East and North Africa (MENA) are constructed, encompassing six themes: development of the monetary sector and monetary policy, banking sector development,...
Persistent link: https://www.econbiz.de/10014399612
, Jordan, Lebanon, Morocco, and Tunisia-and one oil-exporting country-Iran-to see whether they need to consider adopting more …This paper reviews the exchange regimes of five emerging market countries in the Middle East and North Africa region-Egypt …
Persistent link: https://www.econbiz.de/10014397599
Countries in the Middle East and North Africa region have unprecedented opportunities for transforming their economies through accelerated economic growth, but the countries themselves must ensure the necessary conditions. This study, by the Middle Eastern Department, focuses on four areas that...
Persistent link: https://www.econbiz.de/10014402082
Historic transitions in the Arab Spring countries are coming under increasing strain frommacroeconomic pressures and unmet social demands. Domestic uncertainty over the countries' future course, compounded by the global slowdown and rising oil prices, took a toll on growth during 2011. The...
Persistent link: https://www.econbiz.de/10014410418
At the request of the Italian Presidency of the G7, the IMF has prepared a paper on gender-budgeting as a contribution to the G7 initiative on equality. The paper provides an overview of gender-responsive budgeting concepts and practices in the G7 countries. It summarizes recent trends in gender...
Persistent link: https://www.econbiz.de/10014408683
Persistent link: https://www.econbiz.de/10014409465
This Selected Issues paper for Morocco discusses possible fiscal policy anchors, specifically deficit targets, and the … sustainability of the resulting fiscal paths. Morocco has made great progress toward fiscal consolidation in recent years, under the … combined effect of a strong revenue performance and efforts to tackle expenditure rigidities, notably the wage bill. Morocco …
Persistent link: https://www.econbiz.de/10014404638
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014404788