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Fiscal dominance in Sub-Saharan Africa revisited
Hooley, John; Nguyen, Lam; Saito, Mika; Towfighian, … - 2021
This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are...
Persistent link: https://www.econbiz.de/10012517915
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Financing for the post-pandemic recovery : developing domestic sovereign debt markets in Central America
Clevy, Jean Francois; Pedras, Guilherme; Pérez Ruiz, Esther - 2021
The pandemic has urged countries around the globe to mobilize financing to support the recovery. This is even more relevant in Central America, where the policy response to cushion the pandemic's economic and social impact has accentuated pre-existing debt vulnerabilities. This paper documents...
Persistent link: https://www.econbiz.de/10012795101
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Assessing Dutch fiscal and debt sustainability
Carton, Benjamin; Fouejieu, Armand - 2020
Although the Netherlands entered the so-called Great Lockdown with a strong fiscal position, the Dutch fiscal balance is projected to deteriorate by an unprecedented magnitude, largely as a result of necessary fiscal measures deployed to weather the economic impact of the COVID-19 pandemic. This...
Persistent link: https://www.econbiz.de/10012485963
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IMF applications of purchasing power parity estimates
Silver, Mick S. - 2010
Persistent link: https://www.econbiz.de/10009424398
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Assessing bias and accuracy in the World Bank-IMF's debt sustainability framework for low-income countries
Berg, Andrew; Berkes, Enrico; Pattillo, Catherine A.; … - 2014
Persistent link: https://www.econbiz.de/10010359920
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Pilot project on concentration and distribution : measures for a selected set of financial soundness indicators
Crowley, Joseph; Koukpamou, Plapa; Loukoianova, Elena; … - 2016
This paper reports the main findings of a pilot project launched in July 2014 by the IMF's Statistics Department to … test augmenting the IMF's financial soundness indicators (FSIs) with concentration and distribution measures (CDMs) to …
Persistent link: https://www.econbiz.de/10011436731
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Do IMF-supported programs catalyze donor assistance to low-income countries?
Bal Gündüz, Yasemin; Crystallin, Masyita - 2014
Persistent link: https://www.econbiz.de/10010479409
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Mapping the shadow banking system through a global flow of funds analysis
Errico, Luca; Harutyunyan, Artak; Loukoianova, Elena; … - 2014
Persistent link: https://www.econbiz.de/10010389491
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Arrears to the IMF : a ghost of the past?
Oeking, Anne; Sumliński, Mariusz - 2016
In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to …
Persistent link: https://www.econbiz.de/10011715646
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How do member countries receive IMF policy advice : results from a state-of-the-art sentiment index
Fayad, Ghada; Huang, Chengyu; Shibuya, Yoko; Zhao, Peng - 2020
countries' reception of IMF policy advice at the time of Article IV Consultations. This paper finds that while authorities of … changes during and after a financial arrangement or program with the Fund, as well as when a country receives IMF technical … assistance. The results shed light on key aspects on Fund surveillance while redefining how the IMF can view its relevance, value …
Persistent link: https://www.econbiz.de/10012170104