Showing 1 - 10 of 582
database with fiscal data for several levels of government. The data show that in many countries, revenue collection remains …
Persistent link: https://www.econbiz.de/10014399352
data are linked to the IMF World Economic Outlook (WEO) database to facilitate regular updates. The paper discusses the …This paper describes the compilation of the first truly comprehensive database on gross government debt-to-GDP ratios …, covering nearly the entire IMF membership (174 countries) and spanning an exceptionally long time period. The database was …
Persistent link: https://www.econbiz.de/10014402998
Cooperation and Development (OECD), the United Nations Economic Commission for Europe (UNECE), and the World Bank. The IMF managed …
Persistent link: https://www.econbiz.de/10015452128
This paper outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common denominator. Alternatively, the par value may be...
Persistent link: https://www.econbiz.de/10014394398
This paper discusses the possibility of an IMF that would be based fully on the special drawing right (SDR). The paper explores the basic economic justification for a General Department restructured in this way, the broad outline of the structure that would have to be established, the liquidity...
Persistent link: https://www.econbiz.de/10014394401
This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It highlights that the breakdown of the par value system of the original Articles of the IMF and the failure of the IMF's efforts to substitute a comparable system based on central...
Persistent link: https://www.econbiz.de/10014394405
This paper explains the primary aim behind the founding of the IMF. The IMF is a cooperative institution that 181 countries have voluntarily joined because they see the advantage of consulting with one another in this forum to maintain a stable system of buying and selling their currencies so...
Persistent link: https://www.econbiz.de/10014394408
This paper analyzes legal impact of the Articles of Agreement of the IMF on the business transactions of private persons and corporations. At the heart of the Articles is the simple idea that the member states of the IMF should observe certain rules of good conduct in monetary policy, and that...
Persistent link: https://www.econbiz.de/10014394417
This paper discusses the promotion of IMF Stand-By Arrangements (SBAs), the drafting of private loan agreements, and order in international finance. The IMF approves a SBA or an extended arrangement for the benefit of a member country of the IMF only if the member presents to the IMF a letter of...
Persistent link: https://www.econbiz.de/10014394422
This paper deals with one aspect of the drafting of the amendment, the choice of language, and more particularly the two expressions-special drawing rights and a supplement to existing reserve assets. It shows the contribution that language can make, if not to the reconciliation of opposing...
Persistent link: https://www.econbiz.de/10014394423