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Commodity Price Shocks and the Oddson Fiscal Performance

Commodity Price Shocks and the Oddson Fiscal Performance »

Source: Commodity Price Shocks and the Oddson Fiscal Performance

Volume/Issue: 2005/171

Series: IMF Working Papers

Author(s): Francis Kumah , and John Matovu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451861907

Keywords: structural VAR, pro-cyclical fiscal policy, expenditure, fiscal performance, expenditures, fiscal aggregates, Econometric Modeling: General, General Outlook and Conditions, Strucral VAR,

Unanticipated changes in commodity prices can generate significant movements in fiscal aggregates. This paper seeks to understand the dynamics of these fiscal movements in the context of transitory commodity price...

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »

Volume/Issue: 2018/6

Series: Departmental Papers / Policy Papers

Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2018

DOI: http://dx.doi.org/10.5089/9781484337165.087

ISBN: 9781484337165

Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

The Caucasus and Central Asia: Transitioning to Emerging Markets

The Caucasus and Central Asia: Transitioning to Emerging Markets »

Volume: 14

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

Language: Russian

DOI: http://dx.doi.org/10.5089/9781498349581.087

ISBN: 9781498349581

Keywords: Transition economies, Middle East and Central Asia, Economic growth, Fiscal policy, Energy sector, Fiscal reforms, Financial sector, Bank supervision, Monetary policy, Emerging markets

The countries in the Caucasus and Central Asia (CCA) have recorded significant macroeconomic achievements since independence. These countries have grown more rapidly--on average by 7 percent over 1996-2011--than th...

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »

Source: A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

Volume/Issue: 2018/6

Series: Departmental Papers / Policy Papers

Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2018

ISBN: 9781484337165

Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

Promoting Inclusive Growth in the Caucasus and Central Asia

Promoting Inclusive Growth in the Caucasus and Central Asia »

Volume/Issue: 2019/9

Series: Departmental Papers / Policy Papers

Author(s): Mercedes Vera-Martín , Dominique Fayad , Sergejs Saksonovs , Wei Shi , and Fang Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2019

DOI: http://dx.doi.org/10.5089/9781498313353.087

ISBN: 9781498313353

Keywords: Central Asia and the Caucasus, Inclusive growth, Financial inclusion, Fiscal policy, Economic growth, Unemployment, Total factor productivity, Credit, Caucasus and Central Asia, CCA

CCA countries achieved gains in inclusiveness over the past 20 years as incomes increased and poverty, inequality, and unemployment declined. Most of the progress occurred before the 2008-09 global financial crisis...

Kyrgyz Republic - Ex Post Assessment of Longer-Term Program Engagement

Kyrgyz Republic - Ex Post Assessment of Longer-Term Program Engagement »

Volume/Issue: 2011/071

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2011

DOI: http://dx.doi.org/10.5089/9781498339223.007

ISBN: 9781498339223

Keywords: Economic indicators, Ex post assessments, Exogenous Shocks Facility, Fiscal policy, Fiscal reforms, Longer-term program engagement, Monetary policy, Political economy, Poverty Reduction and Growth Facility, External sector

This report reviews the Kyrgyz Republic's economic performance under Fund-supported programs from early 2005 to mid-2010. Two Fund-supported programs are assessed: the March 2005 Poverty Reduction and Growth Facili...

Kyrgyz Republic - Joint Economic Assessment Report for the Kyrgyz Republic Donor Conference, Bishkek, July 27, 2010

Kyrgyz Republic - Joint Economic Assessment Report for the Kyrgyz Republic Donor Conference, Bishkek, July 27, 2010 »

Volume/Issue: 2010/073

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 August 2010

DOI: http://dx.doi.org/10.5089/9781498337106.007

ISBN: 9781498337106

Keywords: Agricultural sector, Economic growth, Economic indicators, Economic recovery, Financial sector, Fiscal policy, Fiscal risk, Infrastructure, Political economy, Post-conflict emergency assistance

At the time of the 2005 review of the Fund's transparency policy, it was agreed that information on key trends in implementation of the transparency policy would be circulated to the Board regularly, along with lis...

The Modalities of Conditionality - Further Considerations

The Modalities of Conditionality - Further Considerations »

Volume/Issue: 2002/033

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

DOI: http://dx.doi.org/10.5089/9781498328890.007

ISBN: 9781498328890

Keywords: Conditionality, Fund-supported adjustment programs, Financial institutions, Economic conditions, Fiscal policy, Financial systems, Central banks, PP, prior action, outcomes-based

...

Kyrgyz Republic
			: 2011 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic.

Kyrgyz Republic : 2011 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic. »

Volume/Issue: 2011/155

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2011

Language: Russian

DOI: http://dx.doi.org/10.5089/9781463954864.002

ISBN: 9781463954864

Keywords: debt service, external debt, current account, public finances, public debt, central bank, tax policy, fiscal expansion, external financing, tax revenue

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Kyrgyz Republic
			: Ex Post Assessment of Longer-Term Program Engagement

Kyrgyz Republic : Ex Post Assessment of Longer-Term Program Engagement »

Volume/Issue: 2005/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2005

DOI: http://dx.doi.org/10.5089/9781451821475.002

ISBN: 9781451821475

Keywords: external debt, current account, fiscal policy, debt sustainability, fiscal deficit

This Ex Post Assessment of Longer-Term Program Engagement for the Kyrgyz Republic explains macroeconomic and structural performance. External debt service claimed a steadily increasing share of fiscal revenues, but...