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Georgia: Request for a Stand-by Arrangement

Georgia: Request for a Stand-by Arrangement »

Source: Georgia : Request for a Stand-by Arrangement

Volume/Issue: 2014/250

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2014

ISBN: 9781498382069

Keywords: current account, external debt, current account deficit, balance of payments, public debt

KEY ISSUES Context. Georgia's previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia's external and fiscal imbalances. The program also helped...

Georgia: Request for a Stand-by Arrangement—Informational Annex

Georgia: Request for a Stand-by Arrangement—Informational Annex »

Source: Georgia : Request for a Stand-by Arrangement

Volume/Issue: 2014/250

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2014

ISBN: 9781498382069

Keywords: current account, external debt, current account deficit, balance of payments, public debt

KEY ISSUES Context. Georgia's previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia's external and fiscal imbalances. The program also helped...

IMF Executive Board Approves US$154 million Stand-by Arrangement for Georgia

IMF Executive Board Approves US$154 million Stand-by Arrangement for Georgia »

Source: Georgia : Request for a Stand-by Arrangement

Volume/Issue: 2014/250

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2014

ISBN: 9781498382069

Keywords: current account, external debt, current account deficit, balance of payments, public debt

KEY ISSUES Context. Georgia's previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia's external and fiscal imbalances. The program also helped...

Georgia
			: Request for a Stand-by Arrangement

Georgia : Request for a Stand-by Arrangement »

Volume/Issue: 2014/250

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2014

DOI: http://dx.doi.org/10.5089/9781498382069.002

ISBN: 9781498382069

Keywords: current account, external debt, current account deficit, balance of payments, public debt

KEY ISSUES Context. Georgia's previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia's external and fiscal imbalances. The program also helped...

Statement by Willy Kiekens, Executive Director for Georgia, July 30, 2014

Statement by Willy Kiekens, Executive Director for Georgia, July 30, 2014 »

Source: Georgia : Request for a Stand-by Arrangement

Volume/Issue: 2014/250

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2014

ISBN: 9781498382069

Keywords: current account, external debt, current account deficit, balance of payments, public debt

KEY ISSUES Context. Georgia's previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia's external and fiscal imbalances. The program also helped...

Annex 2: Panel Regression on the Determinants of Long-Term Growth

Annex 2: Panel Regression on the Determinants of Long-Term Growth »

Source: The Economic Impact of IMF-Supported Programs in Low-Income Countries

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

The impact of IMF-supported programs on per capita GDP growth also addresses the selection issue and is computed using two-way fixed-effects models for panel data. All regression specifications control for t...

Annex 1: Propensity Score Matching Methodology

Annex 1: Propensity Score Matching Methodology »

Source: The Economic Impact of IMF-Supported Programs in Low-Income Countries

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

Addressing Selection Bias—Alternative Approaches The literature on the impact of IMF-supported programs has used various approaches to address sample selection bias, with the aim of...

The Economic Impact of IMF-Supported Programs in Low-Income Countries

The Economic Impact of IMF-Supported Programs in Low-Income Countries »

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

DOI: http://dx.doi.org/10.5089/9781484394717.084

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term...

4. Lessons for Future IMF Engagement in Low-Income Countries

4. Lessons for Future IMF Engagement in Low-Income Countries »

Source: The Economic Impact of IMF-Supported Programs in Low-Income Countries

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

While the balance of evidence suggests that the IMF has in most cases played a helpful role in supporting growth and reducing poverty in its LIC members, it is also clear that, with over 900 million people w...

1. Overview

1. Overview »

Source: The Economic Impact of IMF-Supported Programs in Low-Income Countries

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

The last 25 years have witnessed a profound transformation in the economic fortunes of low-income countries (LICs). A marked improvement in macroeconomic policies has resulted in improved fiscal performance,...