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The Political Economy of Nominal Macroeconomic Pathologies

The Political Economy of Nominal Macroeconomic Pathologies »

Source: IMF Staff Papers, Volume 54, No. 3

Volume: 54

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2007

ISBN: 9781589066519

Keywords: inflation, central bank, monetary fund, terms of trade, gdp deflator

This issue features a timely paper by Vladimir Klyuev and Paul Mills on the role of personal wealth and home equity withdrawal in the decline in the U.S. saving rate. Lusine Lusinyan and Leo Bonato explain how work...

Spending Seigniorage: Do Central Banks Have a Governance Problem?

Spending Seigniorage: Do Central Banks Have a Governance Problem? »

Source: IMF Staff Papers, Volume 54, No. 3

Volume: 54

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2007

ISBN: 9781589066519

Keywords: inflation, central bank, monetary fund, terms of trade, gdp deflator

This issue features a timely paper by Vladimir Klyuev and Paul Mills on the role of personal wealth and home equity withdrawal in the decline in the U.S. saving rate. Lusine Lusinyan and Leo Bonato explain how work...

Statement by Carlos Perez-Verdia, Executive Director for Nicaragua and Johny Gramajo-Marroquin, Senior Advisor to the Executive Director

Statement by Carlos Perez-Verdia, Executive Director for Nicaragua and Johny Gramajo-Marroquin, Senior Advisor to the Executive Director »

Source: Nicaragua : Fourth and Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Extension of the Arrangement, Rephasing of Access, and Waiver of Nonobservance of Performance of Criterion, and Financing Assurances Review-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nicaragua

Volume/Issue: 2010/376

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 December 2010

ISBN: 9781455212972

Keywords: central bank, debt, budget, public sector, deficit

Economic performance in Nicaragua has been better than envisaged; nonetheless, vulnerabilities remain and will be compounded by electoral uncertainties. The decision to use part of the strong revenue performance to...

Statement by Carlos Perez-Verdia, Executive Director for Nicaragua and Mr. Luis Cosenza Jimenez, Senior Advisor

Statement by Carlos Perez-Verdia, Executive Director for Nicaragua and Mr. Luis Cosenza Jimenez, Senior Advisor »

Source: Nicaragua : Seventh Review Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nicaragua

Volume/Issue: 2011/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 2011

ISBN: 9781463924584

Keywords: central bank, debt service, external debt, current account

The Nicaraguan economy continued to post robust growth in the first half of 2011. The Seventh Review Under the Extended Credit Facility (ECF) and Financing Assurances Review highlights that all quantitative perform...

Statement by Hernán Oyarzábal, Executive Director and Orlando Garner, Advisor to Executive Director for Nicaragua

Statement by Hernán Oyarzábal, Executive Director and Orlando Garner, Advisor to Executive Director for Nicaragua »

Source: Nicaragua : Staff Report for the 2002 Article IV Consultation and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and for Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

Volume/Issue: 2003/24

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 February 2003

ISBN: 9781451829150

Keywords: debt, public sector, central bank, interest, deficit

This paper assesses Nicaragua's 2002 Article IV Consultation and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Interim Assistance Under the Enhanced Initiative...

Statement by Hernán Oyarzábal, Executive Director and Orlando Garner, Advisor to the Executive Director for Nicaragua

Statement by Hernán Oyarzábal, Executive Director and Orlando Garner, Advisor to the Executive Director for Nicaragua »

Source: Nicaragua : Staff Report for the 2001 Article IV Consultation and the Staff-Monitored Program (SMP) for July-December 2001

Volume/Issue: 2001/171

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2001

ISBN: 9781451829174

Keywords: debt, central bank, public sector, interest, deficit

Nicaragua showed weak economic performance owing to trade shocks, a decline in investment, and slippages in the fiscal and monetary areas, under the Poverty Reduction and Growth Facility Arrangement. Executive Dire...

Statement by Luís Martí, Executive Director for Nicaragua and Gerardo Peraza, Senior Advisor to Executive Director

Statement by Luís Martí, Executive Director for Nicaragua and Gerardo Peraza, Senior Advisor to Executive Director »

Source: Nicaragua : Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of Performance Criteria, and Financing Assurances Review

Volume/Issue: 2004/347

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 November 2004

ISBN: 9781451829235

Keywords: debt, public sector, central bank, revenues, interest

This paper focuses on Nicaragua's Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of Performance Criteria. The macroecon...

Statement by Luis Marti, Executive Director for Nicaragua and Orlando Garner, Advisor to the Executive Director

Statement by Luis Marti, Executive Director for Nicaragua and Orlando Garner, Advisor to the Executive Director »

Source: Nicaragua : First and Second Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria

Volume/Issue: 2003/349

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 November 2003

ISBN: 9781451829198

Keywords: debt, central bank, public sector, interest, budget

The Financial Sector Assessment Program (FSAP) program has been brought back on track, after some difficulties, in early 2003 (which led to a delay in completing the first review). Although a start has been made in...

Statement by Luis Martí, Executive Director for Nicaragua and Roberto Simán, Senior Advisor to Executive Director

Statement by Luis Martí, Executive Director for Nicaragua and Roberto Simán, Senior Advisor to Executive Director »

Source: Statement by the IMF Staff Representative

Volume/Issue: 2004/71

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2004

ISBN: 9781451829211

Keywords: debt, public sector, interest, central bank, debt service

The draft 2004 budget passed by the assembly is consistent with the Financial Sector Assessment Program (FSAP). Achieving the programmed strengthening of the tax effort remains a challenge. On the expenditure side,...

Statement by Moises Schwartz, Executive Director for Nicaragua and Nina Conrado, Senior Advisor to Executive Director

Statement by Moises Schwartz, Executive Director for Nicaragua and Nina Conrado, Senior Advisor to Executive Director »

Source: Nicaragua : Staff Report for the 2005 Article IV Consultation, Seventh, Eighth, and Ninth Reviews Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Rephasing and Waiver of Performance Criteria, Financing Assurances Review, and Request for Extension of the Arrangement

Volume/Issue: 2006/174

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2006

ISBN: 9781451829280

Keywords: debt, public sector, central bank, budget, interest

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...