Similar Search Results

Government Size and Output Volatility; Should We forsake Automatic Stabilization?

Pisani-Ferry, Jean; Debrun, Xavier; Sapir, André - International Monetary Fund (IMF) - 2008

The paper takes stock of the debate on the positive link between output volatility and the size of government-which reflects automatic stabilizers. After a survey of the literature, we show that the contribution of automatic stabilizers to output stability may have disappeared since the 1990s....

Persistent link: https://www.econbiz.de/10005768950

The Value of Institutions for Financial Markets; Evidence From Emerging Markets

Stratmann, Thomas; Akitoby, Bernardin - International Monetary Fund (IMF) - 2009

This paper investigates the value of political institutions for financial markets, using panel data from emerging market countries. We test the hypothesis that changes in political institutions, such as improvements in democratic rights and increased government accountability, have a direct...

Persistent link: https://www.econbiz.de/10005769291

Sudan; Selected Issues Paper

International Monetary Fund (IMF); International … - 2012

This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...

Persistent link: https://www.econbiz.de/10011244203

Jordan; Selected Issues

International Monetary Fund (IMF); International … - 2012

This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other...

Persistent link: https://www.econbiz.de/10011244218

Indonesia; Implementing National Policies in a Decentralized Context: Special Purpose Programs to Protect the Poor

Ahmad, Ehtisham; Leruth, Luc E. - International Monetary Fund (IMF) - 2000

In the context of continuing adjustments in the economy, the Government of Indonesia proposes to bring energy prices closer to long run marginal cost, while adequately compensating the poor. We focus on the constraints on central government policy objectives towards the poor as decentralization...

Persistent link: https://www.econbiz.de/10005263761

Reforming Government Subsidies in the New Member States of the European Union

Segura-Ubiergo, Alex; Koranchelian, Taline; … - International Monetary Fund (IMF) - 2008

Subsidy reform has been a key component of the pre-accession reform agenda of the 10 new member states that joined the … reforms in their economies. One of the most critical reforms was to reduce, and in some cases, eliminate their subsidy … programs. This paper analyzes how key subsidy reforms (in state aid to enterprises, agriculture, energy, and transportation …

Persistent link: https://www.econbiz.de/10005263811

Burkina Faso; Policies to Protect the Poor From the Impact of Food and Energy Price Increases

Adenauer, Isabell; Granado, Javier Arze del - International Monetary Fund (IMF) - 2011

This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were...

Persistent link: https://www.econbiz.de/10009293765

Using Credit Subsidies to Counteract a Credit Bust; Evidence From Serbia

Podpiera, Jiri - International Monetary Fund (IMF) - 2011

Emerging markets are particularly vulnerable to boom-bust credit cycles, due to excessive capital flows, shallow equity markets, and companies' high leverage and open FX positions. While the policy debate on how to respond to boom-bust credit cycles remains unsettled, it has been conjectured...

Persistent link: https://www.econbiz.de/10009401189

Iran; The Chronicles of the Subsidy Reform

Guillaume, Dominique M.; Zytek, Roman; Farzin, Mohammad Reza - International Monetary Fund (IMF) - 2011

On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical issues involved in the planning and early...

Persistent link: https://www.econbiz.de/10009203528

Public Expenditure Policy and the Environment; A Review and Synthesis

Miranda, Kenneth M.; Parry, Ian W.H.; Gupta, Sanjeev - International Monetary Fund (IMF) - 1993

Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted...

Persistent link: https://www.econbiz.de/10005825826