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Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Source: Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Source: Public Investment Efficiency in Sub-Saharan African Countries

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

Building Resilience in Sub-Saharan Africa’s Fragile States

Building Resilience in Sub-Saharan Africa’s Fragile States »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 November 2015

Language: French

ISBN: 9781513579771

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Source: Medium-Term Budget Frameworks in Sub-Saharan African Countries

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Regional Spillovers in Sub-Saharan Africa

Regional Spillovers in Sub-Saharan Africa »

Source: Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

The Informal Economy in Sub-Saharan Africa

The Informal Economy in Sub-Saharan Africa »

Source: The Informal Economy in Sub-Saharan Africa : Size and Determinants

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

A Governance Dividend for Sub-Saharan Africa?1

A Governance Dividend for Sub-Saharan Africa?1 »

Source: A Governance Dividend for Sub-Saharan Africa?

Volume/Issue: 2019/1

Series: IMF Working Papers

Author(s): Amine Hammadi , Marshall Mills , Nelson Sobrinho , Vimal Thakoor , and Ricardo Velloso

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

ISBN: 9781484354872

Keywords: Zambia, Zimbabwe, Congo, Democratic Republic of the, Congo, Republic of, Rwanda, Senegal, Seychelles, Sierra Leone, South Africa, Sub-Saharan Africa

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, includin...

Overshooting and Dollarization in the Democratic Republic of the Congo

Overshooting and Dollarization in the Democratic Republic of the Congo »

Source: Overshooting and Dollarization in the Democratic Republic of the Congo

Volume/Issue: 2003/105

Series: IMF Working Papers

Author(s): Philippe Beaugrand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852844

Keywords: Overshooting, Congo, Democratic Republic of, Za&;amp;#x00EF;re, inflation, foreign currency, money demand, monetary policy, central bank, Central Banking

The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or unde...

Sustaining more Inclusive Growth in the Republic of Congo

Sustaining more Inclusive Growth in the Republic of Congo »

Source: Sustaining more Inclusive Growth in the Republic of Congo

Series: Departmental Papers / Policy Papers

Author(s): Dalia Hakura , Adrian Alter , Matteo Ghilardi , Rodolfo Maino , Cameron McLoughlin , and Maximilien Queyranne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2015

ISBN: 9781498317702

Keywords: Sustainable development, Congo, Republic of, Inclusive growth, Oil revenues, Nonoil sector, Public investment, Natural resources, Debt sustainability, Poverty and inequality, Fiscal policy

The Republic of Congo has seen dramatic improvement in its debt situation since 2010, following debt relief through the IMF and World Bank Heavily Indebted Poor Countries/Multilateral Debt Relief Initiative. Large...