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Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

Addressing Korea's Long-Term Fiscal Challenges

Addressing Korea's Long-Term Fiscal Challenges »

Source: Addressing Korea's Long-Term Fiscal Challenges

Volume/Issue: 2008/27

Series: IMF Working Papers

Author(s): Murtaza Syed , Michael Skaarup , and Tarhan Feyzioglu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868890

Keywords: Korea, Simulation, Sustainability, Tax Reform, General Equilibrium, pension, pension reform, tax rates, pension fund, fiscal policy

Korea is on the verge of an unprecedented demographic shift. In coming decades, rapid aging will transform it from one of the youngest populations in the OECD to among the oldest in record time. In turn, this shift...

3. Addressing the Infrastructure Deficit in Sub-Saharan Africa

3. Addressing the Infrastructure Deficit in Sub-Saharan Africa »

Source: Regional Economic Outlook, October 2014 : Staying the Course

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2014

ISBN: 9781498386456

Keywords: Economic growth, Economic forecasting, Cross country analysis, Private investment, Regional Economic Outlook, Public debt, Public investment, Fiscal policy, Monetary policy, Infrastructure

Introduction and Summary This chapter considers sub-Saharan African countries’ progress in recent years to address the large infrastructure deficit they face, trends...

4 Addressing the Procyclical Bias

4 Addressing the Procyclical Bias »

Source: Promoting Fiscal Discipline

Series: Books

Author(s): Manmohan Kumar , and Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

ISBN: 9781589066090

Keywords: fiscal policy, expenditure, fiscal performance, fiscal rules, fiscal discipline

Since political economy factors are an important determinant of procyclicality of policies, measures to contain the misuse of fiscal policy discretion can be benefic...

The Adjustment to Commodity Price Shocks in Chile, Colombia, and Peru

The Adjustment to Commodity Price Shocks in Chile, Colombia, and Peru »

Source: The Adjustment to Commodity Price Shocks in Chile, Colombia, and Peru

Volume/Issue: 2017/208

Series: IMF Working Papers

Author(s): Francisco Roch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2017

ISBN: 9781484320648

Keywords: Western Hemisphere, Peru, Chile, Colombia, JEL Classification Numbers: E62, F14, H50, O13 Commodity Prices, Fiscal Policy, Flexible Exchange Rates

This paper presents a comparative analysis of the macroeconomic adjustment in Chile, Colombia, and Peru to commodity terms-of-trade shocks. The study is done in two steps: (i) an analysis of the impulse responses o...

Adjustment Uncertainty, Confidence, and Growth

Adjustment Uncertainty, Confidence, and Growth »

Source: Adjustment Uncertainty, Confidence, and Growth : Latin America After the Debt Crisis

Volume/Issue: 1989/105

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 December 1989

ISBN: 9781451947359

Keywords: inflation, fiscal adjustment, real wages, public debt, relative prices

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...

Adjustment Under a Currency Peg

Adjustment Under a Currency Peg »

Source: Adjustment Under a Currency Peg : Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09

Volume/Issue: 2010/213

Series: IMF Working Papers

Author(s): Catriona Purfield , and Christoph Rosenberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205448

Keywords: Internal devaluation, boom bust, competitiveness, wage adjustment, global financial crisis, wage, benefits, wages, fiscal balance,

The paper traces the Baltics' adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita i...

Administraciόn de ingresos públicos: Panorama general: Análisis de datos iniciales utilizando la Herramienta de Informaciόn Fiscal para la Administraciόn de Ingresos Públicos

Administraciόn de ingresos públicos: Panorama general: Análisis de datos iniciales utilizando la Herramienta de Informaciόn Fiscal para la Administraciόn de Ingresos Públicos »

Source: Administración de ingresos públicos: Panorama general : Análisis de datos iniciales utilizando la Herramienta de Información Fiscal para la Administración de Ingresos Públicos

Series: Departmental Papers / Policy Papers

Author(s): Andrea Lemgruber , Andrew Masters , and Duncan Cleary

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2015

Language: Spanish

ISBN: 9781513509266

Keywords: Fiscal management, Revenues, Fiscal policy, Tax policy, Tax administration, impuestos, ingreso públicos, aduanas, impuestos, datos

En los últimos años, el Departamento de Finanzas Públicas del FMI ha desarrollado la Herramienta de Información Fiscal para la Administración de Ingresos Públicos (HIF-AIP), una iniciativa orientada a recopilar dat...

1. Advanced Europe: Beyond Crisis Management

1. Advanced Europe: Beyond Crisis Management »

Source: Regional Economic Outlook, October 2010, Europe, Building Confidence

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2010

ISBN: 9781589069510

Keywords: capital inflows, exchange rate, fiscal consolidation, fiscal policy, capital flows

With strong policy action to contain sovereign debt problems in the euro area, the recovery continues. But lingering uncertainties and market pressures make for moderate and unequal growth acros...

1. Advanced Europe: Reversing the Slide

1. Advanced Europe: Reversing the Slide »

Source: Regional Economic Outlook, October 2011, Europe : Navigating Stormy Waters

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2011

ISBN: 9781616351281

Keywords: expenditure, fiscal consolidation, labor market, domestic demand, unemployment

The euro area crisis has entered into a new stage in the context of a marked global slowdown. Tensions have moved from the euro area periphery to some core economies, prompting new policy interv...

5. Advancing Financial Development in Latin America and the Caribbean

5. Advancing Financial Development in Latin America and the Caribbean »

Source: Regional Economic Outlook, October 2015: Western Hemisphere Department : Adjusting Under Pressure

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 October 2015

ISBN: 9781513575209

Keywords: Trade integration, Fiscal consolidation, Commodity prices, Exchange rate flexibility, interest, trade, exchange, interest rates, financial development

In recent years, many Latin American and Caribbean (LAC) countries have made significant efforts to develop their financial systems. This chapter examines the current state of financial developm...