Narrow search
Showing 1 - 10 of 224,937
Cover Image
Fiscal Vulnerability and Financial Crises in Emerging Market Economies
Hemming, Richard; Schimmelpfennig, Axel; Kell, Michael - International Monetary Fund (IMF) - 2003
Fiscal problems have long been considered a central feature of financial--that is, currency, debt, and banking--crises. This paper addresses four questions: What are the fiscal causes of crises? Which fiscal vulnerability indicators help to predict crises? Can fiscal variables explain the...
Persistent link: https://www.econbiz.de/10005590938
Cover Image
Greece; Staff Report on Request for Stand-By Arrangement
International Monetary Fund (IMF); International … - 2010
The Greek economy is teetering owing to heavy public debt and loss of market access. Greece is adopting an ambitious comprehensive multiyear adjustment program to lower the fiscal deficit and the debt ratio, reduce domestic demand in line with capacity, and increase supply and competitiveness so...
Persistent link: https://www.econbiz.de/10011245773
Cover Image
Making Fiscal Space Happen; Managing Fiscal Policy in a World of Scaled-Up Aid
Debrun, Xavier; Heller, Peter S.; Thomas, Theo; Katz, … - International Monetary Fund (IMF) - 2006
Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure … a sustainable delivery of better public services and infrastructure while maintaining a credible commitment to fiscal … expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated …
Persistent link: https://www.econbiz.de/10005599631
Cover Image
Managing the Oil Revenue Boom; The Role of Fiscal Institutions
Villafuerte, Mauricio; Ossowski, Rolando; Thomas, Theo; … - International Monetary Fund (IMF) - 2008
Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how governments manage their fiscal policies in light of changing oil-market conditions and...
Persistent link: https://www.econbiz.de/10011245905
Cover Image
Gabon; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
Economic growth has been robust under favorable conditions in Gabon, but has not been inclusive enough, leaving one-third of its population in poverty. Building larger fiscal buffers, backed by a more prudent fiscal stance, will be critical to withstand possible negative oil price shocks....
Persistent link: https://www.econbiz.de/10011245744
Cover Image
Sierra Leone; Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion;...
International Monetary Fund (IMF); International … - 2006
This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). Sierra Leone has made considerable progress during the last PRGF-supported program toward macroeconomic stability. Macroeconomic performance was generally...
Persistent link: https://www.econbiz.de/10011245077
Cover Image
Dominican Republic; Staff Report for the 2009 Article IV Consultation and Request for a Stand-By Arrangement; Supplement to the Staff Report and Staff Statement; Public Information...
International Monetary Fund (IMF); International … - 2010
This 2009 Article IV Consultation highlights that the Dominican Republic's economy has been adversely affected by the global crisis. Output has been below potential as real GDP growth is decelerating rapidly from more than 5 percent in 2008 to an estimated 0.5 percent to 1.5 percent in 2009....
Persistent link: https://www.econbiz.de/10011243654
Cover Image
Democratic Republic of Timor-Leste; 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director...
International Monetary Fund (IMF); International … - 2009
This 2009 Article IV Consultation on Timor-Leste highlights that the Timorese economy has posted high economic growth over the past two years, driven by rapid increases in government spending and a recovery in agriculture from a 2007 drought. Central government spending rose sharply in 2008,...
Persistent link: https://www.econbiz.de/10011242537
Cover Image
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 Nicaragua’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
Cover Image
Djibouti; 2008 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Statement; Public Information N...
International Monetary Fund (IMF); International … - 2009
This 2008 Article IV Consultation highlights that Djibouti’s macroeconomic performance improved significantly, but inflation pressures are intensifying. Real GDP growth accelerated to 5.3 percent in 2007, driven mainly by foreign direct investment concentrated in the construction and port...
Persistent link: https://www.econbiz.de/10011243542