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2. How to Measure the Degree of Fiscal Procyclicality

2. How to Measure the Degree of Fiscal Procyclicality »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The focus of this paper is to analyze the link between the fiscal policy stance and economic activity in sub-Saharan Africa between 2000 and 2014, a period marked by relatively high rates of growth, a substa...

6 Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa

6 Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction Central banks and researchers in low-income countries often use structural vector auto-regression (SVAR) models estimated on aggregate macroeconomic data to develop a...

Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

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

DOI: http://dx.doi.org/10.5089/9781484358269.087

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 »

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

DOI: http://dx.doi.org/10.5089/9781484360019.087

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...

IMF Executive Board Approves 6-Month Extension of the Stand-By Arrangement with Kenya

IMF Executive Board Approves 6-Month Extension of the Stand-By Arrangement with Kenya »

Source: Kenya : Request for Extension of the Stand-By Arrangement -- Press Release and Staff Report

Volume/Issue: 2018/83

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2018

ISBN: 9781484347645

Keywords: Kenya, Sub-Saharan Africa

In the attached letter dated March 6, 2018, the Kenyan authorities are requesting an extension of the Stand-By Arrangement (SBA) for Kenya (EBS/16/11) to September 14, 2018. On March 14, 2016, the Executive Board...

IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya »

Source: Kenya : First Review Under the Twenty-Four Month Stand-By Arrangement and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbursements, and Modification of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Kenya

Volume/Issue: 2017/25

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 February 2017

ISBN: 9781475573152

Keywords: Kenya, Sub-Saharan Africa

This paper discusses Kenya's First Reviews Under the Twenty-Four Month Stand-by Arrangement (SBA) and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbur...

IMF Executive Board Concludes 2018 Article IV Consultation and Establishes Performance Criteria for the Second Review Under the Stand-By Arrangement with Kenya

IMF Executive Board Concludes 2018 Article IV Consultation and Establishes Performance Criteria for the Second Review Under the Stand-By Arrangement with Kenya »

Source: Kenya : Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement

Volume/Issue: 2018/295

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2018

ISBN: 9781484381311

Keywords: Kenya, Sub-Saharan Africa

Kenya has enjoyed strong growth in recent years and external imbalances have narrowed, strengthening resilience to shocks. The business environment continues to improve, supporting private investment. However, a se...

Regional Spillovers in Sub-Saharan Africa
			: Exploring Different Channels

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

DOI: http://dx.doi.org/10.5089/9781484367148.062

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...

Kenya
			: Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement

Kenya : Staff Report for the 2018 Article IV Consultation and Establishment of Performance Criteria for the Second Review Under the Stand-by Arrangement »

Volume/Issue: 2018/295

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2018

DOI: http://dx.doi.org/10.5089/9781484381311.002

ISBN: 9781484381311

Keywords: Kenya, Sub-Saharan Africa

Kenya has enjoyed strong growth in recent years and external imbalances have narrowed, strengthening resilience to shocks. The business environment continues to improve, supporting private investment. However, a se...

Kenya
			: First Review Under the Twenty-Four Month Stand-By Arrangement and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbursements, and Modification of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Kenya

Kenya : First Review Under the Twenty-Four Month Stand-By Arrangement and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbursements, and Modification of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Kenya »

Volume/Issue: 2017/25

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 February 2017

DOI: http://dx.doi.org/10.5089/9781475573152.002

ISBN: 9781475573152

Keywords: Kenya, Sub-Saharan Africa

This paper discusses Kenya's First Reviews Under the Twenty-Four Month Stand-by Arrangement (SBA) and the Arrangement Under the Standby Credit Facility and Requests for Waivers of Applicability, Rephasing of Disbur...