Showing 1 - 10 of 812
current account and the reduction of inflation, the main cause in both cases being usually a fiscal deficit. It is shown how … is suggested. Reducing inflation involves both an inflation tax replacement and a price adjustment problem, and …
Persistent link: https://www.econbiz.de/10014396270
Supporting Studies for the World Economic Outlook, prepared by IMF staff, provide a more detailed analysis of issues recently covered in the main pubication. The current edition includes studies of globalization and growth, the future of the international financial system, currency crises,...
Persistent link: https://www.econbiz.de/10014404467
This paper focuses on the role of debt maturity in managing the government’s incentives to use opportunistic inflation … powerful instrument to affect the time profile of the inflation tax base and, hence, to mitigate the distortions introduced by …
Persistent link: https://www.econbiz.de/10014395780
We show that the presence of nominal non-indexed government debt could give rise to more than one equilibrium inflation …
Persistent link: https://www.econbiz.de/10014396297
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
A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy,...
Persistent link: https://www.econbiz.de/10014395809
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/10014397525
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/10014398454
determinants of inflation from a statistical point of view. It also shows an analysis of the weak relationship between money growth … and inflation …
Persistent link: https://www.econbiz.de/10014405543
in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires …
Persistent link: https://www.econbiz.de/10014406803