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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
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its operational efficiency. Potential trade-offs between legitimacy and efficiency exist for any public institution but … legitimacy and efficiency …
Persistent link: https://www.econbiz.de/10014400744
We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 … lower efficiency in the respective sector. Moreover, we find that richer countries exhibit better public sector performance … and efficiency, and that institutional and demographic factors also play a significant role …
Persistent link: https://www.econbiz.de/10014401855
This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Covering 71 countries, including 40 low-income countries, the index allows for...
Persistent link: https://www.econbiz.de/10014402638
economic growth and efficiency, using panel data for 40 countries which reformed their financial systems. Financial sector … reform is hypothesized to affect economic growth and efficiency through three main channels: the real interest rate … representing the interest cost of capital, the volume of intermediation, and financial sector efficiency. The results indicate that …
Persistent link: https://www.econbiz.de/10014395836
--The Gambia, Guyana, Jamaica, Nigeria and Sri Lanka--and draws some conclusions about the stability and efficiency of these …
Persistent link: https://www.econbiz.de/10014396334
This paper reviews adjustment in oil imports and domestic pricing policies affecting petroleum under Fund-supported programs. The adjustment of countries with Fund-supported programs (during 1980–82) following the two oil price shocks is compared with that of the nonprogram countries, to...
Persistent link: https://www.econbiz.de/10014396481
Assessing a country''s competitiveness routinely starts with an analysis of the real exchange rate. However, in low-income countries, empirical analysis of the real exchange rate is often subject to important limitations that seriously weaken the results. This paper summarizes the methodologies...
Persistent link: https://www.econbiz.de/10014399528
Persistent link: https://www.econbiz.de/10011281949