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Chapter 4. Creatinģ Fiscal Space for Growth and Development in Zimbabwe28

Chapter 4. Creatinģ Fiscal Space for Growth and Development in Zimbabwe28 »

Source: Zimbabwe : Challenges and Policy Options after Hyperinflation

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2010

ISBN: 9781462309184

Keywords: Dollarization, Economic models, Economic recovery, Exchange rate regimes, External sector, Global competitiveness, Tax administration, inflation, present value, central bank

Introduction Between 2000 and 2008, spiraling inflation, brought on by quasi-fiscal activities of the Reserve Bank of Zimbabwe, and...

Chapter 1. Introduction

Chapter 1. Introduction »

Source: Zimbabwe : Challenges and Policy Options after Hyperinflation

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2010

ISBN: 9781462309184

Keywords: Dollarization, Economic models, Economic recovery, Exchange rate regimes, External sector, Global competitiveness, Tax administration, inflation, present value, central bank

Following a decade of economic decline and hyperinflation during 2007—08, Zimbabwe’s economy has started to grow. The nascent economic recovery has been supported by a significant improvement in economic pol...

Chapter 1. Introduction and Summary

Chapter 1. Introduction and Summary »

Source: Toward New Horizons : Arab Economic Transformation amid Political Transition

Series: Departmental Papers / Policy Papers

Author(s): Harald Finger , and Daniela Gressani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2014

ISBN: 9781484311462

Keywords: Civil service, Exchange rate regimes, Financial systems, Fiscal policy, Fiscal reforms, Government expenditures, Middle East, Monetary policy, North Africa, Islamic banking

The political transitions in the Arab world have created an opportunity for economic transformation. The political landscape is changing and new stakeholders have become active, while old vested interests st...

Chapter 6. Managing Economic Change During The Transitions

Chapter 6. Managing Economic Change During The Transitions »

Source: Toward New Horizons : Arab Economic Transformation amid Political Transition

Series: Departmental Papers / Policy Papers

Author(s): Harald Finger , and Daniela Gressani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2014

ISBN: 9781484311462

Keywords: Civil service, Exchange rate regimes, Financial systems, Fiscal policy, Fiscal reforms, Government expenditures, Middle East, Monetary policy, North Africa, Islamic banking

Generating success in economic transformation requires a coordinated effort. The complexity of the task under adverse conditions necessitates a heightened focus on navigating the political economy and a stro...

Chapter 3. Monetary and Exchange Rate Policy for Stability, Growth, and Jobs

Chapter 3. Monetary and Exchange Rate Policy for Stability, Growth, and Jobs »

Source: Toward New Horizons : Arab Economic Transformation amid Political Transition

Series: Departmental Papers / Policy Papers

Author(s): Harald Finger , and Daniela Gressani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2014

ISBN: 9781484311462

Keywords: Civil service, Exchange rate regimes, Financial systems, Fiscal policy, Fiscal reforms, Government expenditures, Middle East, Monetary policy, North Africa, Islamic banking

The ACTs’ longstanding monetary and exchange rate policies have traditionally supported stability, but with pressures building up from time to time. Most ACTs have historically relied on stable exchange rate...

Chapter 5. Reform for Sustainable, Job-Creating, Private Sector–led Growth

Chapter 5. Reform for Sustainable, Job-Creating, Private Sector–led Growth »

Source: Toward New Horizons : Arab Economic Transformation amid Political Transition

Series: Departmental Papers / Policy Papers

Author(s): Harald Finger , and Daniela Gressani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2014

ISBN: 9781484311462

Keywords: Civil service, Exchange rate regimes, Financial systems, Fiscal policy, Fiscal reforms, Government expenditures, Middle East, Monetary policy, North Africa, Islamic banking

The ACTs have contended for years with structural economic challenges. Many have moved over time from state-led economies to systems relying more on private sector–led growth. Nonetheless, competition in dom...

Chapter 2. Tackling Fiscal Challenges

Chapter 2. Tackling Fiscal Challenges »

Source: Toward New Horizons : Arab Economic Transformation amid Political Transition

Series: Departmental Papers / Policy Papers

Author(s): Harald Finger , and Daniela Gressani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2014

ISBN: 9781484311462

Keywords: Civil service, Exchange rate regimes, Financial systems, Fiscal policy, Fiscal reforms, Government expenditures, Middle East, Monetary policy, North Africa, Islamic banking

The ACTs faced significant medium-term fiscal challenges even before the onset of their transitions. In many cases, fiscal deficits and debt were higher than in other emerging market and developing countries...

Conclusions

Conclusions »

Source: Taking Stock of Monetary and Exchange Rate Regimes in Emerging Europe

Volume/Issue: 2016/12

Series: Departmental Papers / Policy Papers

Author(s): Nazim Belhocine , Ernesto Crivelli , Nan Geng , Tiberiu Scutaru , Johannes Wiegand , and Zaijin Zhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 November 2016

ISBN: 9781475556629

Keywords: Emerging markets, Flexible exchange rates, Exchange rate regimes, Cross country analysis, Central and Eastern Europe, Transition economies, Monetary policy, exchange rates

The demands on monetary and exchange rate regimes in CESEE have evolved, in line with the region’s development. In the 1990s, the immediate challenge was to rein in excessive inflation following...

Credibility Without Rules

Credibility Without Rules »

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

DOI: http://dx.doi.org/10.5089/9781557756442.084

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling...

Front Matter

Front Matter »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling...