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Application of Structural Conditionality - 2008 Annual Report

Application of Structural Conditionality - 2008 Annual Report »

Source: Application of Structural Conditionality - 2008 Annual Report

Volume/Issue: 2008/038

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2008

ISBN: 9781498334402

Keywords: Annual reports, Conditionality, Fund-supported adjustment programs, Policy Support Instrument, Economic conditions, Economic reforms, Economic classification, Private sector, Public sector, Independent Evaluation Office

This report provides an update, based on objective indicators, of the application of structural conditionality in Fund-supported programs. Such annual reports on structural conditionality are one element of the man...

Big Government, High Debt, and Fiscal Adjustment in Small States

Big Government, High Debt, and Fiscal Adjustment in Small States »

Source: Big Government, High Debt, and Fiscal Adjustment in Small States

Volume/Issue: 2008/39

Series: IMF Working Papers

Author(s): Rui Ota , and Stephanie Medina Cas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451869019

Keywords: Government size, fiscal adjustment, external debt, external public debt,

Using a new fiscal dataset for small states, this paper analyzes the link between country size, government size, debt, and economic performance. It finds that on average small states have larger governments and hig...

The Choice Between External and Domestic Debt in Financing Budget Deficits

The Choice Between External and Domestic Debt in Financing Budget Deficits »

Source: The Choice Between External and Domestic Debt in Financing Budget Deficits : The Case of Central and West African Countries

Volume/Issue: 2002/79

Series: IMF Working Papers

Author(s): Philippe Beaugrand , Montfort Mlachila , and Boileau Loko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

ISBN: 9781451850215

Keywords: budget deficit financing, public debt, debt management, central bank, National Budget, Deficit, And Debt, macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook,

The paper reviews the principles and practical considerations involved in the choice between foreign and domestic financing of fiscal deficits, and derives a series of recommendations broadly applicable to Central...

Determinants of Tax Revenue Efforts in Developing Countries

Determinants of Tax Revenue Efforts in Developing Countries »

Source: Determinants of Tax Revenue Efforts in Developing Countries

Volume/Issue: 2007/184

Series: IMF Working Papers

Author(s): Abhijit Sen Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867480

Keywords: Revenue performance, panel data, tax revenue, government revenue, export share, foreign debt, tax ratio,

This paper contributes to the existing empirical literature on the principal determinants of tax revenue performance across developing countries by using a broad dataset and accounting for some econometric issues t...

The Efficiency of Government Expenditure

The Efficiency of Government Expenditure »

Source: The Efficiency of Government Expenditure : Experiences From Africa

Volume/Issue: 1997/153

Series: IMF Working Papers

Author(s): Keiko Honjo , Marijn Verhoeven , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1997

ISBN: 9781451922400

Keywords: government expenditure, efficiency, education, health, social indicators, production possibility frontier, government spending, education spending, primary school, primary school enrollment

This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphe...

First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, Request for a Waiver of Nonobservance of a Performance Criterion and Request for Modification of Performance Criteria

First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, Request for a Waiver of Nonobservance of a Performance Criterion and Request for Modification of Performance Criteria »

Source: Guinea : First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, Request for a Waiver of Nonobservance of a Performance Criterion and Request for Modification of Performance Criteria-Staff Report; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea.: Request for a Waiver of Nonobservance of a Performance Criterion and Request for Modification of Performance Criteria-Staff Report; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea.

Volume/Issue: 2012/301

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 November 2012

ISBN: 9781616350918

Keywords: central bank, external debt, debt relief, debt service, budget law

Guinea is making good progress in recovering from a long period of social unrest and military rule. Macroeconomic imbalances have been reduced, major structural reforms are under way, and long-neglected infrastruct...

Fiscal Frameworks for Resource Rich Developing Countries

Fiscal Frameworks for Resource Rich Developing Countries »

Source: Fiscal Frameworks for Resource Rich Developing Countries

Volume/Issue: 2012/4

Series: Staff Discussion Notes

Author(s): Marcos Poplawski-Ribeiro , Mauricio Villafuerte , Thomas Baunsgaard , and Christine Richmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2012

ISBN: 9781475510065

Keywords: Developing countries, Fiscal sustainability, Natural resources, permanent income hypothesis, public financial management, fiscal framework, fiscal rules, macro-fiscal management, fiscal policy, long-term fiscal sustainability

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

Fiscal Policy Implementation in Sub-Saharan Africa1

Fiscal Policy Implementation in Sub-Saharan Africa1 »

Source: Fiscal Policy Implementation in Sub-Saharan Africa

Volume/Issue: 2011/172

Series: IMF Working Papers

Author(s): Victor Lledo , and Marcos Poplawski-Ribeiro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

ISBN: 9781462314317

Keywords: policy implementation, budget institutions, statistic, budget balance, computation, correlation,

This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemen...

Fiscal Policy over the Election Cycle in Low-Income Countries1

Fiscal Policy over the Election Cycle in Low-Income Countries1 »

Source: Fiscal Policy over the Election Cycle in Low-Income Countries

Volume/Issue: 2013/153

Series: IMF Working Papers

Author(s): Christian Ebeke , and Dilan Ölcer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2013

ISBN: 9781475588514

Keywords: Elections, IMF programs, tax revenues, national fiscal rules, fiscal policy, fiscal rule, Economic Models of Political Processes: Rent-Seeking, Legislatures, and Voting Behavior,

Focusing on Low-Income Countries, we investigate the behavior of fiscal variables during and after elections. The results indicate that during election years, government consumption significantly increases and lead...

Fixed Base Year vs. Chain Linking in National Accounts

Fixed Base Year vs. Chain Linking in National Accounts »

Source: Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...