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Income Distribution and Tax and Government Social Spending Policies in Developing Countries

Chu, Ke-young; Davoodi, Hamid Reza; Gupta, Sanjeev - International Monetary Fund (IMF) - 2000

health care and primary and secondary education programs in developing countries are not well targeted, but their incidence …

Persistent link: https://www.econbiz.de/10005248221

Macroeconomic Management with Informal Financial Markets

Haque, Nadeem Ul; Agénor, Pierre-Richard - International Monetary Fund (IMF) - 1994

Persistent link: https://www.econbiz.de/10005264274

How Useful Are Benefit Incidence Analyses of Public Education and Health Spending

Tiongson, Erwin; Davoodi, Hamid Reza; Asawanuchit, … - International Monetary Fund (IMF) - 2003

incidence of education and health spending covering 56 countries over 1960-2000, representing a significant improvement in … paper finds, among other things, that overall education and health spending are poorly targeted; benefits from primary … education and primary health care go disproportionately to the middle class, particularly in sub-Saharan Africa, HIPCs and …

Persistent link: https://www.econbiz.de/10005769119

Original Sin and Procylical Fiscal Policy; Two Sides of the Same Coin?

Adler, Gustavo - International Monetary Fund (IMF) - 2008

The paper develops a simple model of sovereign debt where default both through direct repudiation and through inflation are possible and give rise to (endogenous) constraints on the currency composition and the level of public debt. This set up allows to show that procyclicality of fiscal policy...

Persistent link: https://www.econbiz.de/10005769307

Anticipated Exchange Rate Reforms

Flood, Robert P.; Agénor, Pierre-Richard - International Monetary Fund (IMF) - 1992

Exchange rate reforms in developing countries have often aimed at floating the exchange rate in an attempt to unify the official and parallel markets for foreign exchange. This paper examines the anticipatory dynamics associated with such reforms. The analysis shows that if the future unified...

Persistent link: https://www.econbiz.de/10005605084

Riding Global Financial Waves; The Economic Impact of Global Financial Shocks on Emerging Market Economies

Adler, Gustavo; Mora, Camilo Ernesto Tovar - International Monetary Fund (IMF) - 2012

Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more vulnerable to global financial shocks; and an improvement of macroeconomic fundamentals, helping...

Persistent link: https://www.econbiz.de/10011242368