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Medium-Term Budget Frameworks in Sub-Saharan African Countries

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

DOI: http://dx.doi.org/10.5089/9781484314203.001

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...

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

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

DOI: http://dx.doi.org/10.5089/9781484305942.001

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....

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....

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...

A Macro Model of the Credit Channel in a Currency Union Member

A Macro Model of the Credit Channel in a Currency Union Member »

Source: A Macro Model of the Credit Channel in a Currency Union Member : The Case of Benin

Volume/Issue: 2010/191

Series: IMF Working Papers

Author(s): Issouf Samaké

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455202256

Keywords: Benin; Credit channel, government bonds, general equilibrium, stochastic simulation, bonds, reserve requirement, monetary policy, central bank, Simulation Methods, Macroeconomics: Production

This paper applies and extends a theoretical model built by Agénor and Montiel (2007) by exploring the effectiveness of government bonds and monetary policy in a small, open, credit-based economy with a fixed excha...

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

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

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

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2016

ISBN: 9781513571478

Keywords: Tax revenue, Expenditure efficiency, Macro-fiscal analysis, Public investment, Fiscal policy, Benin, tax, revenue, debt, spending

This paper conducts a systematic growth and fiscal analysis to determine: (1) the growth potential of Benin's ambitious scaling-up of investment, and (2) how the government can generate the necessary fiscal space n...

Back Matter

Back Matter »

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

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2016

ISBN: 9781513571478

Keywords: Tax revenue, Expenditure efficiency, Macro-fiscal analysis, Public investment, Fiscal policy, Benin, tax, revenue, debt, spending

This paper conducts a systematic growth and fiscal analysis to determine: (1) the growth potential of Benin's ambitious scaling-up of investment, and (2) how the government can generate the necessary fiscal space n...

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...

Overview

Overview »

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

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2016

ISBN: 9781513571478

Keywords: Tax revenue, Expenditure efficiency, Macro-fiscal analysis, Public investment, Fiscal policy, Benin, tax, revenue, debt, spending

Benin has deepened macroeconomic stability and accelerated growth in recent years, but even higher, broader-based, and more sustainable growth is essential to substantially reduce p...

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...