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This paper investigates fiscal developments in 112 countries during the 1990s. It finds that, while the overall fiscal balance improved in most of them, the composition of this improvement differed. In nonprogram countries, revenues increased modestly and expenditure declined sharply, while in...
Persistent link: https://www.econbiz.de/10005263802
This 2014 Article IV Consultation highlights that after a sharp slowdown in 2013, growth in Mexico is projected to …
Persistent link: https://www.econbiz.de/10011244756
This 2013 Article IV Consultation highlights that over the past year, Mexico has maintained macroeconomic policy …
Persistent link: https://www.econbiz.de/10011245002
The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile … global economic environment. The FCL’s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF … staff reaffirms their commitment toward Mexico in taking the necessary actions to manage unforeseen risks. According to the …
Persistent link: https://www.econbiz.de/10011242587
buffer against risks that erupted during the global economic crisis. Mexico has been identified as a prudent and fairly well …
Persistent link: https://www.econbiz.de/10011242784
arrangement for Mexico, subject to the Board’s assessment in the context of the 2013 Article IV consultation. …
Persistent link: https://www.econbiz.de/10011243417
This Selected Issues paper analyzes reforms to Mexico’s fiscal framework. Mexico’s resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public...
Persistent link: https://www.econbiz.de/10011243718
task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SDN will investigate the main drivers behind successful past debt reversals,...
Persistent link: https://www.econbiz.de/10010878429
Malawi. The findings reveal that Malawi does not have an elaborate privatization program. The assemblies and municipalities …
Persistent link: https://www.econbiz.de/10011244243
This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market financing are discussed. Structural reforms tackled...
Persistent link: https://www.econbiz.de/10011244444