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Nicaragua; 2005 Article IV Consultation, Seventh, Eighth, and Ninth Reviews Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Rephasing...

International Monetary Fund (IMF); International … - 2006

This paper discusses Nicaraguaâ€™s 2005 Article IV Consultation and Seventh, Eighth, and Ninth Reviews Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The economy continued to perform well, notwithstanding pressure from higher oil prices. Strong...

Persistent link: https://www.econbiz.de/10011245746

Fiscal Consolidation in Southeastern European Countries; The Role of Budget Institutions

International Monetary Fund (IMF); International … - 2012

This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each countryâ€™s understanding of the scale of the fiscal adjustment challenge, its...

Persistent link: https://www.econbiz.de/10011242422

Fiscal Management of Scaled-Up Aid

Gupta, Sanjeev; Last, Duncan; Adenauer, Isabell; … - International Monetary Fund (IMF) - 2007

-term view of potential resource availability and spending plans. There is merit in smoothing expenditures over time so that all …

Persistent link: https://www.econbiz.de/10005605053

Israel; Selected Issues

International Monetary Fund (IMF); International … - 2011

The study shows that the Israeli economy has emerged unscathed from the global financial crisis. The first part of the study outlines the relationship between risk and Israelâ€™s macroeconomic performance, estimated through a regression analysis. The second part of the study focuses on...

Persistent link: https://www.econbiz.de/10011243589

Fiscal Implications of the Global Economic and Financial Crisis

International Monetary Fund (IMF); International … - 2009

This note reflects macroeconomic and fiscal forecasts presented with the April 2009 World Economic Outlook, as well as information on fiscal stimulus and financial and industrial sector support gathered through mid-May. It follows the request by G-20 leaders for the Fund to assess regularly the...

Persistent link: https://www.econbiz.de/10010790463

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

A New Rule; The Swiss Debt Brake

Danninger, Stephan - International Monetary Fund (IMF) - 2002

The paper provides an international comparison and a comprehensive analysis of a new fiscal expenditure rule for the … the short-run by annually setting a cyclically adjusted expenditure ceiling, and it arrests the accumulation of public … debt via corrections of future expenditure targets for past deviations from projected fiscal balances. The paper finds that …

Persistent link: https://www.econbiz.de/10005604868

Republic of Serbia; Report on Observance of Standards and Codes: Fiscal Transparency Module

International Monetary Fund (IMF); International … - 2009

reporting. Commitment control should also be fully enforced so that any expenditure arrears can be comprehensively monitored. …

Persistent link: https://www.econbiz.de/10011243818

Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries

Clements, Benedict J.; Gupta, Sanjeev; Baldacci, Emanuele; … - International Monetary Fund (IMF) - 2002

This paper assesses the effects of expenditure composition as well as fiscal adjustment on economic growth in a sample … to capital and nonwage goods and services enjoy faster output expansion. Expenditure composition, along with the size of …

Persistent link: https://www.econbiz.de/10005264087

Timor-Leste; Report on Observance of Standards and Codes (ROSC)-Fiscal Transparency Module

International Monetary Fund (IMF); International … - 2010

Timor-Leste is a unitary state and has made significant progress with improving its fiscal transparency. The government has adopted a transparent, fiscally sustainable governance framework for the petroleum sector. Nonetheless, there are still many areas in which Timor-Leste diverges from the...

Persistent link: https://www.econbiz.de/10011244621