The present report on the World Economic Outlook -- like the corresponding reports published in 1980 and 1981 -- is the outgrowth of a comprehensive staff project involving a number of departments of the Fund.

This paper provides a review of developments and prospects in the international capital markets, including official actions affecting the markets and the role of the markets in intermediation between surplus and deficit countries, in particular the non-oil developing countries.

This occasional paper provides an overview of the economic reform experiences of the Central Asian states of the former Soviet Union since their independence at the turn of the decade. The choice of countries reflects not only a geographical grouping, but also similarities in the types of...

Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian economy with the rest of Europe and the industrial countries community took place....

This Selected Issues paper takes stock of the progress made in meeting the objectives under Indonesia’s Extended Arrangements (1998–2003) program. The paper addresses progress in achieving the programs’ core macroeconomic objectives, with an emphasis on how...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This Selected Issues paper and Statistical Appendix examines some aspects of the civil service reform in Benin. It describes the main features of the promotion and compensation system currently in place; assesses the early efforts at reforming the civil service; and examines the main measures...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This paper analyzes the 2005 Article IV Consultation and First Review Under the Staff-Monitored Program (SMP) for the Union of the Comoros. Economic growth remained lackluster in 2004 owing to a depressed world demand for vanilla and crop, and cattle diseases. Government revenue stagnated, while...

This Report on the Observance of Standards and Codes (ROSC) data module provides a substantive update on the assessment of Hungary’s government finance statistics against the Special Data Dissemination Standard, complemented by an assessment of data quality based on the IMF’s Data...