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Uganda; Managing More Effective Decentralization
Brosio, Giorgio; Ahmad, Ehtisham; Gonzalez, Maria - International Monetary Fund (IMF) - 2006
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to...
Persistent link: https://www.econbiz.de/10005769090
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Outlook for Interest Rates and Japanese Banks’ Risk Exposures under Abenomics
Arslanalp, Serkan; Lam, Raphael W. - International Monetary Fund (IMF) - 2013
This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … yields in Japan are determined to a large extent by growth and inflation outlook, fiscal conditions, demography, and the … increased purchases by the Bank of Japan. At the same time, illustrative scenarios suggest the interest rate risk exposure of …
Persistent link: https://www.econbiz.de/10011142198
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Fiscal Vulnerabilities and Risks from Local Government Finance in China
Zhang, Yuanyan Sophia; Barnett, Steven - International Monetary Fund (IMF) - 2014
China weathered the global financial crisis better than most, thanks to a large and timely stimulus. This stimulus, however, was mainly in the form of off-budget infrastructure spending and thus not visible in the headline fiscal data. We construct a time series for the augmented fiscal deficit...
Persistent link: https://www.econbiz.de/10011123859
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The Gambia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2007
This paper discusses Poverty Reduction Strategy Paper (PRSP) 2007–11 for The Gambia. PRSP II builds on the long-term development Vision 2020 of The Gambia. It also takes cognizance of the fact that implementation of PRSP I suffered from revenue shortfalls as the IMF suspended its program...
Persistent link: https://www.econbiz.de/10011244972
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Romania; Request for a Stand-By Arrangement
International Monetary Fund (IMF); International … - 2013
This paper discusses Romania’s Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks,...
Persistent link: https://www.econbiz.de/10011245005
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The Gambia; Poverty Reduction Strategy Paper—Progress Report
International Monetary Fund (IMF); International … - 2011
The Poverty Reduction Strategy Paper (PRSP) describes The Gambia’s macroeconomic, structural, and social policies in support of growth and poverty reduction, external financing needs, and major sources of financing. Since PRSP I had experienced some setbacks during its implementation,...
Persistent link: https://www.econbiz.de/10011245605
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Making Fiscal Decentralization Work; Cross-Country Experiences
Fedelino, Annalisa - International Monetary Fund (IMF) - 2010
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the IMF to a wide range of member countries, and discusses the key factors that help make...
Persistent link: https://www.econbiz.de/10011245906
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On the Design and Effectiveness of Targeted Expenditure Programs
Ahmad, Ehtisham; Martinez, Leonardo - International Monetary Fund (IMF) - 2004
This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for budgeting frameworks and the types of information needed that might be amenable to...
Persistent link: https://www.econbiz.de/10005248215
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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
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Sweden; Selected Issues
International Monetary Fund (IMF); International … - 2004
The Selected Issues paper analyzes tax policy trends at the local level in Sweden and assesses the effectiveness of the vertical fiscal policy coordination system. The study reviews Sweden’s local public finances from an international perspective and empirically explores various...
Persistent link: https://www.econbiz.de/10005252600