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Rural Poverty in Developing Countries; Issues and Policies

Khan, Mahmood Hasan - International Monetary Fund (IMF) - 2000

delineated and explained, including stable management of the macroeconomic environment, transfer of assets, investment in and …

Persistent link: https://www.econbiz.de/10005605040

The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations; Impact on the CEMAC Region and Policy Considerations

Milkov, Dimitre; Portillo, Rafael A; Iossifov, Plamen; … - International Monetary Fund (IMF) - 2009

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMAC governments to the global financial crisis and recession, with particular focus...

Persistent link: https://www.econbiz.de/10011245874

Inflation Dynamics in the CEMAC Region

Poplawski-Ribeiro, Marcos; Tartari, Darlena; Caceres, Carlos - International Monetary Fund (IMF) - 2011

This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a constructed dataset for country-specific commodity price indices and panel cointegrated vector autoregressive (VAR) models. Imported commodity price shocks are significant in explaining...

Persistent link: https://www.econbiz.de/10009369448

Reforming External Tariffs in Central and Western African Countries

Doe, Lubin Kobla - International Monetary Fund (IMF) - 2006

This paper examines the reform of the external tariff initiated by the CEMAC and the WAEMU that is aimed at reinforcing their economic integration. Overall, there is broad compliance with the streamlined and moderate rates, but with significant deviations from the harmonized paths in several...

Persistent link: https://www.econbiz.de/10005826234

Harmonization of Domestic Consumption Taxes in Central and Western African Countries

Doe, Lubin Kobla - International Monetary Fund (IMF) - 2006

This paper examines the reform of the main domestic consumption taxes initiated by the CEMAC and the WAEMU aimed at reinforcing their economic integration. On the whole, compliance with the VAT is relatively weaker in the CEMAC than in the WAEMU. The opposite applies for excises. Major reforms...

Persistent link: https://www.econbiz.de/10005826514

The Choice Between External and Domestic Debt in Financing Budget Deficits; The Case of Central and West African Countries

Beaugrand, Philippe; Mlachila, Montfort; Loko, Boileau - International Monetary Fund (IMF) - 2002

The paper reviews the principles and practical considerations involved in the choice between foreign and domestic financing of fiscal deficits, and derives a series of recommendations broadly applicable to Central and West African countries. The paper develops a simple analytical framework and...

Persistent link: https://www.econbiz.de/10005768940

Current Account Norms in Natural Resource Rich and Capital Scarce Economies

Araujo, Juliana Dutra; Li, Grace Bin; … - International Monetary Fund (IMF) - 2013

constraints and providing a key financing source for public investment in RRDCs, temporary resource revenues might then be … public investment and several frictions that capture pervasive features in RRDCs, including absorptive capacity constraints …, inefficiencies in investment, and borrowing constraints that can be relaxed when natural resources lower the country risk premium …

Persistent link: https://www.econbiz.de/10011123817

Iceland: Selected Issues Paper

International Monetary Fund (IMF); International … - 2015

This Selected Issues paper examines implications of capital account liberalization in Iceland. Capital controls were critical in 2008 to avoid a more severe collapse of the Icelandic economy. Six years later, capital inflows have been liberalized, but most outflows remain restricted. Iceland has...

Persistent link: https://www.econbiz.de/10011244178

Euro Area Policies: Selected Issues

International Monetary Fund (IMF); International … - 2014

This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be explained by output dynamics and the greater sensitivity of...

Persistent link: https://www.econbiz.de/10011244439

Denmark: Systemic Issues in Mortgage Loans and Covered Bond Finance - Technical Note

International Monetary Fund (IMF); International … - 2014

This technical note analyzes systemic issues in mortgage loans and covered bond finance in Denmark. Mortgage lending has seen significant product innovation in recent years. Loans with adjustable interest rates and/or interest-only periods, which have been introduced since the late 1990s, had...

Persistent link: https://www.econbiz.de/10011245333