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Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

Albania:Second Post-Program Monitoring Discussions—Press Release and Staff Report

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Albania:Second Post-Program Monitoring Discussions—Press Release and Staff Report »

Source: Albania : Second Post-Program Monitoring Discussions-Press Release; and Staff Report

Volume/Issue: 2019/207

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 July 2019

ISBN: 9781498324069

Keywords: Real sector, External sector, Fiscal sector, Economic growth, Fiscal policy, arrears, medium-term, general government debt, PPPs, Proj

Growth was strong in 2018, backed by high electricity production. Inflation remains subdued, notwithstanding very accommodative monetary conditions. The fiscal stance in 2018 was somewhat tighter than expected, sup...

Australia

Australia »

Source: Australia : Selected Issues

Volume/Issue: 2019/56

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 February 2019

ISBN: 9781484399033

Keywords: Fiscal policy, Fiscal sector, Real effective exchange rates, Fiscal space, Economic growth, net debt;PBO;economic cycle;GFC;output gap

This Selected Issues paper on Australia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the informat...

Chapter 2 Curbing Corruption

Chapter 2 Curbing Corruption »

Source: Fiscal Monitor, April 2019 : Curbing Corruption

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2019

ISBN: 9781498302180

Keywords: Corruption, Corruption in politics. Economic aspects, Economic growth, Economic stabilization, Economic integration, Tax revenue, Fiscal policy, inclusive growth, global integration, fiscal outlook

Introduction Corruption—the abuse of public office for private gain—distorts the activities of the state and ultimately takes a toll on economic growth and the quality of people’s li...

Chapter 1 Fiscal Policy for a Changing Global Economy

Chapter 1 Fiscal Policy for a Changing Global Economy »

Source: Fiscal Monitor, April 2019 : Curbing Corruption

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2019

ISBN: 9781498302180

Keywords: Corruption, Corruption in politics. Economic aspects, Economic growth, Economic stabilization, Economic integration, Tax revenue, Fiscal policy, inclusive growth, global integration, fiscal outlook

With global growth slowing and uncertainty rising, fiscal policy should prepare for potential downturns—balancing stabilization and sustainability objectives—and put more emphasis on reforms to...

Cote d'Ivoire
			: Fifth Reviews Under the Arrangement the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility- Press Release; Staff Report; Supplementary Information and Statement by the Executive Director for Côte d'Ivoire

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Cote d'Ivoire : Fifth Reviews Under the Arrangement the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility- Press Release; Staff Report; Supplementary Information and Statement by the Executive Director for Côte d'Ivoire »

Volume/Issue: 2019/197

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781513507507.002

ISBN: 9781513507507

Keywords: Tax revenue, Public debt, Expenditures, Credit, Gross domestic product, WAEMU, macroeconomic stability, ECF, overall balance, percent of GDP

The political context has become more complex and uncertain ahead of the 2020 presidential elections, with the three traditional parties openly competing since the end of the ruling coalition between President Ouat...

Cote d'Ivoire Fifth Reviews Under the Arrangement the Extended Credit Facilit

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Cote d'Ivoire Fifth Reviews Under the Arrangement the Extended Credit Facilit »

Source: Cote d'Ivoire : Fifth Reviews Under the Arrangement the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility- Press Release; Staff Report; Supplementary Information and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2019/197

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

Language: French

ISBN: 9781513507507

Keywords: Tax revenue, Public debt, Expenditures, Credit, Gross domestic product, WAEMU, macroeconomic stability, ECF, overall balance, percent of GDP

The political context has become more complex and uncertain ahead of the 2020 presidential elections, with the three traditional parties openly competing since the end of the ruling coalition between President Ouat...

Côte D’ivoire: Fifth Reviews Under the Arrangement Under the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility

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Côte D’ivoire: Fifth Reviews Under the Arrangement Under the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility »

Source: Cote d'Ivoire : Fifth Reviews Under the Arrangement the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility- Press Release; Staff Report; Supplementary Information and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2019/197

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2019

ISBN: 9781498323246

Keywords: Tax revenue, Public debt, Expenditures, Credit, Gross domestic product, WAEMU, macroeconomic stability, ECF, overall balance, percent of GDP

The political context has become more complex and uncertain ahead of the 2020 presidential elections, with the three traditional parties openly competing since the end of the ruling coalition between President Ouat...

Côte D’ivoire: Fifth Reviews Under the Arrangement Under the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility—Supplementary Information

New
Côte D’ivoire: Fifth Reviews Under the Arrangement Under the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility—Supplementary Information »

Source: Cote d'Ivoire : Fifth Reviews Under the Arrangement the Extended Credit Facility and Under the Extended Arrangement Under the Extended Fund Facility- Press Release; Staff Report; Supplementary Information and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2019/197

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2019

ISBN: 9781498323246

Keywords: Tax revenue, Public debt, Expenditures, Credit, Gross domestic product, WAEMU, macroeconomic stability, ECF, overall balance, percent of GDP

The political context has become more complex and uncertain ahead of the 2020 presidential elections, with the three traditional parties openly competing since the end of the ruling coalition between President Ouat...

Executive Summary

Executive Summary »

Source: Fiscal Monitor, April 2019 : Curbing Corruption

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2019

ISBN: 9781498302180

Keywords: Corruption, Corruption in politics. Economic aspects, Economic growth, Economic stabilization, Economic integration, Tax revenue, Fiscal policy, inclusive growth, global integration, fiscal outlook

Chapter 1: Fiscal Policy for a Changing Global Economy Over the past decade, fiscal policy has focused primarily on macroeconomic stabilization in response to shocks, notably the glo...

Fiscal Implications of Interest Rate Normalization in the United States

Fiscal Implications of Interest Rate Normalization in the United States »

Source: Fiscal Implications of Interest Rate Normalization in the United States

Volume/Issue: 2019/90

Series: IMF Working Papers

Author(s): Huixin Bi , Wenyi Shen , and Shu-Chun Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 May 2019

ISBN: 9781498311151

Keywords: Economic growth, Business cycles, Capital income, Real interest rates, Interest rate increases, interest rate normalization, monetary and fiscal policy interaction, fiscal sustainability, non linear DSGE models, New Keynesian model

This paper studies the main channels through which interest rate normalization has fiscal implications in the United States. While unexpected inflation reduces the real value of government liabilities, a rising pol...