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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...

Democratic Republic of São Tomé and Príncipe: Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criteria and Modification of Performance Criteria

Democratic Republic of São Tomé and Príncipe: Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criteria and Modification of Performance Criteria »

Source: Democratic Republic of São Tomé and Príncipe : Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Volume/Issue: 2016/385

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2016

ISBN: 9781475561722

Keywords: Sub-Saharan Africa, Staff Reports, S?o Tom? and Pr?ncipe, Performance criteria waivers, Press releases, Letters of Intent, Liquidity management, Economic growth, Economic conditions, Economic indicators

This paper discusses São Tomé and Príncipe's Second Review Under the Extended Credit Facility (ECF) and Request for Waivers for Nonobservance of Performance Criteria and modification of performance criteria. The ec...

Democratic Republic of São Tomé and Príncipe: Second Review Under the Extended Credit Facility and Request for Waivers for Nonobservance of Performance Criteria and Modification of Performance Criteria—Informational Annex

Democratic Republic of São Tomé and Príncipe: Second Review Under the Extended Credit Facility and Request for Waivers for Nonobservance of Performance Criteria and Modification of Performance Criteria—Informational Annex »

Source: Democratic Republic of São Tomé and Príncipe : Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Volume/Issue: 2016/385

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2016

ISBN: 9781475561722

Keywords: Sub-Saharan Africa, Staff Reports, S?o Tom? and Pr?ncipe, Performance criteria waivers, Press releases, Letters of Intent, Liquidity management, Economic growth, Economic conditions, Economic indicators

This paper discusses São Tomé and Príncipe's Second Review Under the Extended Credit Facility (ECF) and Request for Waivers for Nonobservance of Performance Criteria and modification of performance criteria. The ec...

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...

Public-Private Partnerships in the Caribbean Region
			: Reaping the Benefits while Managing Fiscal Risks

Public-Private Partnerships in the Caribbean Region : Reaping the Benefits while Managing Fiscal Risks »

Volume/Issue: 2019/7

Series: Departmental Papers / Policy Papers

Author(s): Maximilien Queyranne , Wendell Daal , and Katja Funke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 2019

DOI: http://dx.doi.org/10.5089/9781498307062.087

ISBN: 9781498307062

Keywords: Public-private partnership, Caribbean, Caribbean Regional Technical Assistance Center (CARTAC), Fiscal risk, Financial management information systems, National income, Financial statistics, Public investments, Real sector, PPPs

To provide policymakers in the Caribbean with a governance framework for improving infrastructure through Public-Private Partnerships (PPPs), while limiting their fiscal costs and risks for the government. And to s...

Guidance Note on IMF Engagement on Social Safeguards in Low-Income Countries

Guidance Note on IMF Engagement on Social Safeguards in Low-Income Countries »

Source: Guidance Note on IMF Engagement on Social Safeguards in Low-Income Countries

Volume/Issue: 2018/036

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2018

ISBN: 9781498310611

Keywords: Low income countries, Social protection, Social safety nets, Social indicators, Poverty reduction, Fiscal policy, Civil society, social safety net, vulnerable group, conditionality

This note provides operational guidance to staff on how to engage on social safeguard issues with low-income countries in both program and surveillance contexts. The note is not intended as a comprehensive guide, a...

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...