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Access to Bank Credit in Sub-Saharan Africa

Access to Bank Credit in Sub-Saharan Africa »

Source: Access to Bank Credit in Sub-Saharan Africa : Key Issues and Reform Strategies

Volume/Issue: 2005/166

Series: IMF Working Papers

Author(s): Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861853

Keywords: Banking systems, bank credit, banking, banking system, financial system, working capital, Financial Markets and the Macroeconomy, Financial Institutions and Services: Government Policy and Regulation, Fiscal and Monetary Policy in Development, Economywide Country Studies: Africa,

This study discusses issues of access to bank credit in Sub-Saharan Africa, and examines measures that could help facilitate access by the private sector to bank credit. It reviews in particular obstacles to credit...

Aid and Fiscal Management

Aid and Fiscal Management »

Source: Aid and Fiscal Management

Volume/Issue: 2002/112

Series: IMF Working Papers

Author(s): Timothy Lane , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2002

ISBN: 9781451853612

Keywords: Foreign aid, exchange rate, fiscal policy, tax revenues, exchange rates

This paper focuses on the macroeconomic aspects of fiscal management in aid-receiving countries. Despite the declining share of aid in budgets of donor countries, aid continues to play an important role in many dev...

Aid Volatility and Dutch Disease

Aid Volatility and Dutch Disease »

Source: Aid Volatility and Dutch Disease : Is There a Role for Macroeconomic Policies?

Volume/Issue: 2006/145

Series: IMF Working Papers

Author(s): Thierry Tressel , and Alessandro Prati

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864052

Keywords: Aid effectiveness, real exchange rate, central bank, current account, money demand, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development, Economic Growth And Aggregate Productivity,

This paper studies how macroeconomic policies can help offset two unintended and undesirable features of foreign aid: its volatility and Dutch disease. We present evidence that aid volatility augments trade balance...

APPENDIX 1. Country Experiences with Scaled-Up Aid

APPENDIX 1. Country Experiences with Scaled-Up Aid »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

In the past, aid recipients often experienced sharp swings in aid flows. Net aid flows to Pakistan, for example, increased by a factor of 2.5 between 1997 and 2004, and nearly tripled to Ethiopia during the...

APPENDIX 2. Expenditure Efficiency—An Empirical Assessment

APPENDIX 2. Expenditure Efficiency—An Empirical Assessment »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

It will be essential for low-income countries to make efficient use of scaled-up aid to ensure sustained progress toward the Millennium Development Goals (MDGs). In particular, efficient spending in priority...

Appendix 2 Good Practices in Retail Fuel Price-Setting Mechanisms32

Appendix 2 Good Practices in Retail Fuel Price-Setting Mechanisms32 »

Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

The most sustainable schemes for domestic pricing of petroleum products would be either full liberalization or transparent and simple automatic adjustment mechanisms for administered prices. Coady and others...

Appendix 1: Survey of Fuel and Electricity Subsidies in Sub-Saharan Africa29

Appendix 1: Survey of Fuel and Electricity Subsidies in Sub-Saharan Africa29 »

Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

This apppendix summarizes the results of a survey on fuel and electricity subsidies in sub-Saharan African (SSA) countries based on the responses to a questionnaire circulated to International Monetary Fund...

Chapter 1. Case Studies in Fuel Subsidy Reform

Chapter 1. Case Studies in Fuel Subsidy Reform »

Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

Ghana 33 Context Ghana is a country of over 24 million people, rich in natural resources, including arab...

Chapter 2. Case Studies of Electricity Subsidy Reform

Chapter 2. Case Studies of Electricity Subsidy Reform »

Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

Kenya 40 Context With an expanding economy (Table 6), Kenya has experienced a substantial increase in en...

CHAPTER 3. Choosing an Expenditure Path

CHAPTER 3. Choosing an Expenditure Path »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

The IMF’s advice and program design encourage aid recipients to spend all aid fully and effectively. How much and how fast scaled-up aid should be spent over the medium term is a function of the following:...