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World Economic Outlook, October 2012
			: Coping with High Debt and Sluggish Growth

World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

DOI: http://dx.doi.org/10.5089/9781616353896.081

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

The October 2012 World Economic Outlook (WEO) assesses the prospects for the global recovery in light of such risks as the ongoing euro area crisis and the "fiscal cliff" facing U.S. policymakers. Reducing the risk...

Barbados

Barbados »

Source: Barbados : Report on Observance of Standards and Codes: Fiscal Transparency Module

Volume/Issue: 2007/338

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2007

ISBN: 9781451806083

Keywords: budget estimates, fiscal activities, budget process, extrabudgetary funds

This Report on the Observance of Standards and Codes assesses Fiscal Transparency for Barbados. The report reveals that Barbados has a number of good practices on fiscal transparency including a legal requirement t...

Sri Lanka

Sri Lanka »

Source: Sri Lanka : Report on the Observance of Standards and Codes: Fiscal Transparency Module-Update

Volume/Issue: 2005/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 July 2005

ISBN: 9781451823554

Keywords: budget estimates, contingent liabilities, fiscal management, quasi-fiscal activities

This report on Sri Lanka's Observance of Standards and Codes highlights the fiscal transparency module. The 2003 Fiscal Management Act has improved the transparency of government fiscal policy. There has been littl...

Republic of Uzbekistan

Republic of Uzbekistan »

Source: Republic of Uzbekistan : Strengthening Fiscal Transparency

Volume/Issue: 2019/118

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2019

ISBN: 9781498312769

Keywords: Financial statements, Fiscal policy, Budget estimates, Budget execution, Foreign currency exposure, GFS, budget balance, government sector, SOEs, policy purpose

Uzbekistan is embarking on a comprehensive reform program to strengthen public financial management and fiscal transparency. Wide-ranging reforms to improve the coverage, reliability, quality and accessibility of f...

Republic of Uzbekistan

Republic of Uzbekistan »

Source: Republic of Uzbekistan : Technical Assistance Report-Fiscal Transparency Evaluation Update

Volume/Issue: 2019/116

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2019

ISBN: 9781498312721

Keywords: Fiscal policy, Bank soundness, Risk management, Budget estimates, Fiscal transparency, medium-term, GFS, good level, performance information, basic level

The IMF conducted a fiscal transparency evaluation (FTE) for Uzbekistan in June 2018. The FTE found that Uzbekistan met at least the basic standard of practice in 16 of the 36 principles defined in the IMF Fiscal T...

Statistical Appendix

Statistical Appendix »

Source: World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

The Statistical Appendix presents historical data as well as projections. It comprises five sections: Assumptions, What’s New, Data and Conventions, Classification of Countries, and...

Annex: IMF Executive Board Discussion of the Outlook, September 2012

Annex: IMF Executive Board Discussion of the Outlook, September 2012 »

Source: World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

The following remarks were made by the Acting Chair at the conclusion of the Executive Board’s discussion of the World Economic Outlook, Global Financial Stability R...

Chapter 1 Global Prospects and Policies

Chapter 1 Global Prospects and Policies »

Source: World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

The global economy has deteriorated further since the release of the July 2012 WEO Update, and growth projections have been marked down (Table 1.1). Downside risks are now judged to...

Chapter 2 Country and Regional Perspectives

Chapter 2 Country and Regional Perspectives »

Source: World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

Global growth slowed again during the second quarter of 2012 after rebounding during the first. The slowing has been observed in all regions. This synchronicity suggests an importan...

Chapter 3 The Good, the Bad, and the Ugly: 100 Years of Dealing with Public Debt Overhangs

Chapter 3 The Good, the Bad, and the Ugly: 100 Years of Dealing with Public Debt Overhangs »

Source: World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2012

ISBN: 9781616353896

Keywords: Budget estimates, Adjustment process, Commodity prices, Debt reduction, Euro, public debt, fiscal consolidation, current account, inflation

Throughout the past century, numerous advanced economies have faced public debt burdens as high, or higher, than those prevailing today. They responded with a wide v...