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Front Matter

Front Matter »

Source: La conditionnanté au Fonds monétaire international : Evolution des principes et des pratiques

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

Language: French

ISBN: 9781451964264

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process, world economy, monetary policy, monetary theory, monetary approach, price stability

This paper examines the principles and practices of conditionality as they have evolved and as they are currently applied. The paper discusses the rationale of the concept of conditionality and brings out its theor...

How The IMF Is Organized

How The IMF Is Organized »

Source: IMF inFocus : Supplement to the IMF Survey, Volume 33

Volume/Issue: 33/4

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2004

ISBN: 9781451920710

Keywords: trade liberalization, financial system, international monetary fund, macroeconomic stability, monetary policy

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...

How The IMF Lends: Terms and conditions of financial facilities

How The IMF Lends: Terms and conditions of financial facilities »

Source: IMF inFocus : Supplement to the IMF Survey, Volume 33

Volume/Issue: 33/4

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2004

ISBN: 9781451920710

Keywords: trade liberalization, financial system, international monetary fund, macroeconomic stability, monetary policy

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...

The Human Cost of Recessions

The Human Cost of Recessions »

Source: The Human Cost of Recessions : Assessing It, Reducing It

Volume/Issue: 2010/17

Series: IMF Staff Position Notes

Author(s): Mai Dao , and Prakash Loungani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2010

ISBN: 9781462308163

Keywords: Developed countries, Cross country analysis, Economic recession, Emerging markets, Fiscal consolidation, Recessions, Human capital, Fiscal policy, Monetary policy, Labor markets

Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007-09. We assess the human cost of increased un...

Euro Area
			: Report on Observance of Standards and Codes Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies-Monetary Policy and Payment System Oversight, and the CPSS Core Principles for Systemically Important Payment Systems (Target and the EURO1 Payment Systems)

Euro Area : Report on Observance of Standards and Codes Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies-Monetary Policy and Payment System Oversight, and the CPSS Core Principles for Systemically Important Payment Systems (Target and the EURO1 Payment Systems) »

Volume/Issue: 2001/195

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2001

DOI: http://dx.doi.org/10.5089/9781451812923.002

ISBN: 9781451812923

Keywords: monetary policy, euro, payment system, financial policies, payment systems

The Euro system maintains a high level of transparency in all aspects of operations, demonstrating a strong institutional commitment to openness and a high degree of observance of the code. Greater consistency in t...

Kingdom of the Netherlands-Netherlands
			: Selected Issues-Cyclically Advanced Euro-Area Economies:  Consequences and Policy Options

Kingdom of the Netherlands-Netherlands : Selected Issues-Cyclically Advanced Euro-Area Economies: Consequences and Policy Options »

Volume/Issue: 2001/95

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 July 2001

DOI: http://dx.doi.org/10.5089/9781451829433.002

ISBN: 9781451829433

Keywords: inflation, monetary policy, aggregate demand, monetary union

Although the advent of the single currency has generated many advantages for the smaller economies of the euro area, it has raised the possibility that both the amplitude and the duration of cycles in these countri...

Dealing with High Debt in an Era of Low Growth

Dealing with High Debt in an Era of Low Growth »

Volume/Issue: 2013/7

Series: Staff Discussion Notes

Author(s): S. M. Ali Abbas , Bernardin Akitoby , Jochen Andritzky , Helge Berger , Takuji Komatsuzaki , and Justin Tyson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2013

DOI: http://dx.doi.org/10.5089/9781484316139.006

ISBN: 9781484316139

Keywords: Debt strategy, Debt reduction, Developed countries, Fiscal policy, Fiscal reforms, Monetary policy, Privatization, Public debt, General Government Debt, Public Debt Sustainability

task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SD...

Wage Moderation in Crises
			: Policy Considerations and Applications to the Euro Area

Wage Moderation in Crises : Policy Considerations and Applications to the Euro Area »

Volume/Issue: 2015/22

Series: Staff Discussion Notes

Author(s): Jörg Decressin , Raphael Espinoza , Ioannis Halikias , Michael Kumhof , Daniel Leigh , Prakash Loungani , Paulo Medas , Susanna Mursula , Antonio Spilimbergo , and TengTeng Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2015

DOI: http://dx.doi.org/10.5089/9781513537009.006

ISBN: 9781513537009

Keywords: Wage bargaining, Euro Area, Wage adjustments, Negative spillovers, Monetary policy, Euro area, Crisis, Current account, Internal devaluation, Unemployment

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy...

Rethinking Macroeconomic Policy

Rethinking Macroeconomic Policy »

Volume/Issue: 2010/03

Series: IMF Staff Position Notes

Author(s): Olivier Blanchard , Giovanni Dell'Ariccia , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

DOI: http://dx.doi.org/10.5089/9781455224982.004

ISBN: 9781455224982

Keywords: Bank credit, Bank regulations, Bank supervision, Central bank role, Economic policy, Economic stabilization, Financial crisis, Financial intermediation, Fiscal policy, Inflation targeting

The great moderation lulled macroeconomists and policymakers alike in the belief that we knew how to conduct macroeconomic policy. The crisis clearly forces us to question that assessment. In this paper, we review...

The Human Cost of Recessions
			: Assessing It, Reducing It

The Human Cost of Recessions : Assessing It, Reducing It »

Volume/Issue: 2010/17

Series: IMF Staff Position Notes

Author(s): Mai Dao , and Prakash Loungani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2010

DOI: http://dx.doi.org/10.5089/9781462308163.004

ISBN: 9781462308163

Keywords: Developed countries, Cross country analysis, Economic recession, Emerging markets, Fiscal consolidation, Recessions, Human capital, Fiscal policy, Monetary policy, Labor markets

Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007-09. We assess the human cost of increased un...