Showing 169,951 - 169,960 of 170,804
A number of developing countries, including some of the largest debtors, have recently completed comprehensive debt and debt service restructuring packages with their commercial bank creditors. The experience of these countries provides important lessons for other countries that are just...
Persistent link: https://www.econbiz.de/10014397400
Inflation targeting (IT) is a relatively new monetary policy framework for low-income countries (LICs). The limited number of LICs with an IT framework and the short time that has elapsed since the adoption of this framework explains why there are no previous empirical studies on the performance...
Persistent link: https://www.econbiz.de/10014397442
This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging economies. Given the weak institutional frameworks, reduced role of securities markets, imperfect...
Persistent link: https://www.econbiz.de/10014397443
This paper describes the need to broaden the agenda for poverty reduction. The broadening of the agenda follows from a growing understanding that poverty is more than low income, a lack of education, and poor health. The poor are frequently powerless to influence the social and economic factors...
Persistent link: https://www.econbiz.de/10014397447
This paper examines how Africa can reposition itself to take full advantage of globalization—while minimizing the risks … in the process—to accelerate economic growth and reduce poverty. The paper highlights that Africa’s share of world trade … advanced countries has widened. The paper looks at why Africa has missed out so far on the benefits of globalization, and …
Persistent link: https://www.econbiz.de/10014397448
This paper reviews developments in private capital flows to developing countries since the Mexican financial crisis in December 1994. The paper points out that a strong recovery in these flows masks some significant changes in their characteristics, particularly in the type of borrowers back...
Persistent link: https://www.econbiz.de/10014397462
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s...
Persistent link: https://www.econbiz.de/10014397472
Financial (unofficial) dollarization is widely seen as a critical source of financial fragility in both developing and emerging economies. This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it:...
Persistent link: https://www.econbiz.de/10014397485
This paper describes the importance of luck, timing, and political institutions in beating inflation. The paper highlights that countries experiencing high inflation typically make several disinflation attempts, some of which succeed only temporarily. If a country trying to stabilize prices and...
Persistent link: https://www.econbiz.de/10014397497
This paper highlights that 10 new members joined the European Union on May 1, 2004, in the biggest enlargement of the community since its inception. However, the core economic concern is the weak growth performance of Europe—and particularly of the 12 countries at the epicenter of European...
Persistent link: https://www.econbiz.de/10014397502