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Fiscal Policy in Pakistan Since 1970

International Monetary Fund (IMF); International … - 1992

The analysis in this paper suggests that the large fiscal deficits that Pakistan has experienced over most of the period since 1970 led to some crowding out of private investment, resulting in slower output growth than would otherwise have been observed. Past fiscal deficits have also resulted...

Persistent link: https://www.econbiz.de/10005248177

Managing Financial Crises; Recent Experience and Lessons for Latin America

Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003

This paper seeks to draw lessons from the IMFâ€™s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...

Persistent link: https://www.econbiz.de/10005824823

Islamic State of Afghanistan; First Review Under the Staff-Monitored Program

International Monetary Fund (IMF); International … - 2004

This paper assesses the First Review Under the Staff-Monitored Program (SMP) for Afghanistan. The authorities have met all of the indicative quantitative targets set out under the SMP and all the structural benchmarks, except the benchmark on licensing of commercial banks, which was only partly...

Persistent link: https://www.econbiz.de/10005825122

Ireland; 2004 Article IV Consultationâ€”Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ireland

International Monetary Fund (IMF); International … - 2004

This 2004 Article IV Consultation highlights that in 2003, the economy of Ireland rebounded with GNP growing by almost 3 percent. Recent indicators suggest that activity has continued to strengthen in 2004. During 2003, inflation decelerated and is now close to the euro area average. Most...

Persistent link: https://www.econbiz.de/10005825386

Financial Stability and Fiscal Crises in a Monetary Union

Jahjah, Samir - International Monetary Fund (IMF) - 2001

The main tasks of central banks are to secure price and financial stability. These objectives can, in times of crises, conflict with one another, and the central bank may have to renounce one of them in order to secure the other. In a monetary union, this trade-off can be exacerbated by the...

Persistent link: https://www.econbiz.de/10005826053

Hong Kong SAR; Meeting the Challenges of Integration with the Mainland

Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004

This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...

Persistent link: https://www.econbiz.de/10005590857

The Dominican Republic; Stabilization, Structural Reform, and Economic Growth

Cardoso, Jaime; Young, Philip M. - International Monetary Fund (IMF) - 2002

Persistent link: https://www.econbiz.de/10005590873

Ireland; 2003 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion for Ireland

International Monetary Fund (IMF); International … - 2003

Over the past decade, Ireland has experienced a sustained expansion in output and employment that has raised its per capita income above the ED average. The decline in interest rates, and increasing financial sector competition, rapidly rising disposable income, and high rates of household...

Persistent link: https://www.econbiz.de/10005591395

William Anderson (fl. 1797–1832), on Banking, the Money Supply, and Public Expenditure: A Forgotten Interventionist

Pullen, J. M. - In: History of Political Economy 19 (1987) 3, pp. 359-385

Persistent link: https://www.econbiz.de/10010583076

Policy assignment on money supply: the case of Indonesia in the 1980s

Taguchi, Hiroyuki - Volkswirtschaftliche Fakultät, … - 1995

Indonesia has taken a series of the most drastic deregulatory steps on the financial sector among Asian developing … its intensive investment. Indonesia, on the other hand, has managed to curb inflation at the annual rate below double … the expansion of money supply, and price stability requires its contraction. Thus, the monetary policy in Indonesia has …

Persistent link: https://www.econbiz.de/10011266113

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