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6. Conclusions

6. Conclusions »

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,

Sub-Saharan African countries have in general run procyclical fiscal policies since 2000. This is not surprising in light of the fact that the majority of them are low-income and/or resource-dependent econom...

5. Country Case Studies

5. Country Case Studies »

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,

This chapter examines the experience of three countries to establish and implement fiscal frameworks aimed at generating financial savings for rainy days: Nigeria, Botswana, and Chile....

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

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

Volume: 16

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,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Back Matter

Back Matter »

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,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Boom, Bust or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth

Boom, Bust or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth »

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 October 2013

Language: Portuguese

DOI: http://dx.doi.org/10.5089/9781484397466.087

ISBN: 9781484397466

Keywords: oil, minerals, fiscal framework, governance, resource curse, Dutch disease, taxation, investment efficiency, capacity, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

DOI: http://dx.doi.org/10.5089/9781513563541.087

ISBN: 9781513563541

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

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Expansion, récession ou prospérité? L'exploitation des richesses naturelles en Afrique subsaharienne

Expansion, récession ou prospérité? L'exploitation des richesses naturelles en Afrique subsaharienne »

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 December 2013

Language: French

DOI: http://dx.doi.org/10.5089/9781484374443.087

ISBN: 9781484374443

Keywords: oil, minerals, fiscal framework, governance, resource curse, Dutch disease, taxation, investment efficiency, capacity, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

Financial Development in Sub-Saharan Africa
			: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

DOI: http://dx.doi.org/10.5089/9781475532401.087

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

Structural Transformation in Employment and Productivity
			: What Can Africa Hope For?

Structural Transformation in Employment and Productivity : What Can Africa Hope For? »

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

DOI: http://dx.doi.org/10.5089/9781475583397.087

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

5. Ensuring Continued Financial Stability

5. Ensuring Continued Financial Stability »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Key financial stability indicators—while stronger than in the past—have come under pressure more recently, possible presaging a slower pace of financial development in the future. Progress in su...