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Tanzi, Vito - 1998

continuation of current trends would increase the importance of subnational government while reducing (in the economic sphere) the …

Persistent link: https://www.econbiz.de/10014400764

Wage Expenditures of Central Governments

International Monetary Fund - 1995

Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average … countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to … foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital …

Persistent link: https://www.econbiz.de/10014398730

Structural Reforms, IMF Programs and Capacity Building : An Empirical Investigation

Arezki, Rabah - 2012

This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity building and structural reforms available for over one hundred IMF member countries over the period...

Persistent link: https://www.econbiz.de/10014395622

IMF Adviceon Fiscal Policy

International Monetary Fund - 1989

the direction and change of advice. The treatment of central bank losses, government arrears, and credit subsidies are …

Persistent link: https://www.econbiz.de/10014395818

The IMF and Tax Reform

International Monetary Fund - 1990

The paper deals with the activities of Fund staff with taxation. It is made up of four parts. Part I outlines the connection between Fund major activities and taxation. Part II surveys general influences on Fund staff with implications for tax work. Part III outlines the relationship between...

Persistent link: https://www.econbiz.de/10014396344

IMF programs and financial flows to offshore centers

Aiyar, Shekhar; Patnam, Manasa - 2021

This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Using quarterly data from the BIS on bilateral bank deposits, we are unable to detect...

Persistent link: https://www.econbiz.de/10012612347

Global Economic Governance : IMF Quota Reform

Virmani, Arvind - 2011

The paper examines the principles on which a reform of a Quota based global economic institution like the IMF must be based, taking account of both the relative economic power of countries and the need for voice and representation of the poor countries. These principles are then used in the...

Persistent link: https://www.econbiz.de/10014398355

Should the IMF Become More Adaptive?

Clark, Ian D. - 1996

This paper addresses the question: Should the International Monetary Fund be making an even greater effort to adapt its objectives, priorities, rules, instruments, procedures, and resources to take account of changes in the global economic environment and in the needs of its members? It reviews...

Persistent link: https://www.econbiz.de/10014398685

Inflation Targeting in the Context of IMF-Supported Adjustment Programs

Schwartz, Gerd - 2001

This paper argues that the IMF''s traditional monetary conditionality-a ceiling on net domestic assets of the central bank and a floor on its net international reserves-should be adapted in IMF-supported adjustment programs with countries which have a framework of explicit inflation targets for...

Persistent link: https://www.econbiz.de/10014399988

Implicit Transfers in IMF Lending, 1973-2003

Joshi, Priyadarshani - 2005

We compute realized transfers implicit in IMF lending from 1973-2003, based on 2003 IMF repayment projections and promised debt relief. IMF lending rates to high-and middleincome countries fell short of industrial country borrowing rates by 30-150 basis points over the period as a whole, but...

Persistent link: https://www.econbiz.de/10014400635