Browse

You are looking at 11 - 20 of 71 items :

  • Keywords: payments x
Clear All
Chapter 1 Overview

Chapter 1 Overview »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

The IMF has been at the forefront in helping low-income countries (LICs) address the macroeconomic impact of the global food, fuel, and financial crises. LICs have been hard hit by massive increases in world...

Chapter 9: Pakistan

Chapter 9: Pakistan »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. Pakistan is one of the most prolonged users of IMF resources and has been under IMF-supported programs almost continuously since the late 1980s. 2. This report aims to cast light on what successi...

Chapter 10: Philippines

Chapter 10: Philippines »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

Introduction 1. The Philippines is probably the most extreme case of prolonged use of IMF resources, with 23 programs between 1962 and 2000. Over the 30-year period 1971–2000, the Ph...

Chapter 5: Prolonged Use and Effectiveness of IMF-Supported Programs

Chapter 5: Prolonged Use and Effectiveness of IMF-Supported Programs »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. Since UFR policies have been designed at least to contain, if not entirely avoid, prolonged use, the pervasiveness of the phenomenon raises questions about the effectiveness of IMF-supported programs in p...

Chapter 3 Responsiveness in Macroeconomic Policy Design

Chapter 3 Responsiveness in Macroeconomic Policy Design »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

Addressing Shocks: The Strategic Approach IMF-supported programs are aimed at resolving balance of payments problems encountered by its member countries. Restoring external balance i...

Chapter 11: Senegal

Chapter 11: Senegal »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

Introduction 1. Growing external imbalances and diminished prospects for continuing private external financing led Senegal to seek its first IMF arrangement in 1979. Since then, the...

Chapter 4 Streamlining Structural Conditionality

Chapter 4 Streamlining Structural Conditionality »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

Policy Evolution The 1980s saw increased use of structural conditionality in Fund-supported programs. This was motivated by the view that structural reforms were essential to sustain...

Chapter 3: The Evolution of the IMF’s Policies with Respect to Prolonged Use of Its Resources

Chapter 3: The Evolution of the IMF’s Policies with Respect to Prolonged Use of Its Resources »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. This chapter describes how the IMF’s policies with respect to prolonged use have evolved over time. It shows that these policies have moved gradually toward greater acceptance of the need to finance adjus...

Chapter 7: The Implications of Prolonged Use for the Member Country and the IMF

Chapter 7: The Implications of Prolonged Use for the Member Country and the IMF »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. In this chapter, we examine the effects of prolonged use on institutional development within the borrowing countries and on the IMF’s financial and human resources. Implications for...

Chapter 2: What Is Prolonged Use and How Widespread Is It?

Chapter 2: What Is Prolonged Use and How Widespread Is It? »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

What Is Prolonged Use of IMF Resources? 1. There is no official or generally agreed definition of prolonged use of Fund resources (UFR). In previous studies, undertaken both within a...