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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.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

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...

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies »

Source: Anchoring Growth : The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Volume/Issue: 2013/8

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Giang Ho , Kalpana Kochhar , Annette Kyobe , and Robert Tchaidze

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2013

ISBN: 9781616357290

Keywords: Emerging markets, Developing countries, Economic growth, Agricultural sector, Fiscal reforms, Manufacturing sector, Labor markets, Labor productivity, Services sector, Total factor productivity

Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and an...

Appendix Data, Sources, and Methods

Appendix Data, Sources, and Methods »

Source: Structural Reforms and Economic Performance in Advanced and Developing Countries

Series: Occasional Papers

Author(s): Jonathan Ostry , Alessandro Prati , and Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 2009

ISBN: 9781589068186

Keywords: Economic growth, Economic reforms, Financial sector, Developing countries, Developed countries, Capital account liberalization, Structural adjustment, Terms of trade, domestic financial sector, trade liberalization

Table A1. List of Economies in the Sample Low Income Middle Income...

Back to basics: Does a Minimum Wage Help Workers?

Back to basics: Does a Minimum Wage Help Workers? »

Source: Finance & Development, March 2019

Volume/Issue: 56/1

Series: Finance & Development

Author(s): International Monetary Fund. Communications Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2019

ISBN: 9781484398784

Keywords: Finance and Development, Development, Economic growth, Poverty, Labor markets, Women, advanced economy, childcare, develop economy, gender gap

Finance and Development...

Banking on the Future of Women

Banking on the Future of Women »

Source: Finance & Development, March 2019

Volume/Issue: 56/1

Series: Finance & Development

Author(s): International Monetary Fund. Communications Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2019

ISBN: 9781484398784

Keywords: Finance and Development, Development, Economic growth, Poverty, Labor markets, Women, advanced economy, childcare, develop economy, gender gap

Finance and Development...

Benchmarking Structural Transformation Across the World

Benchmarking Structural Transformation Across the World »

Source: Benchmarking Structural Transformation Across the World

Volume/Issue: 2013/176

Series: IMF Working Papers

Author(s): Era Dabla-Norris , Alun Thomas , Rodrigo Garcia-Verdu , and Yingyuan Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2013

ISBN: 9781484359662

Keywords: Structural Transformation, Quantile Regression, Panel Data, globalization, gdp per capita, real gdp, economic globalization, economic growth, General,

This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture,...

Beyond Balanced Growth1

Beyond Balanced Growth1 »

Source: Beyond Balanced Growth

Volume/Issue: 2001/85

Series: IMF Working Papers

Author(s): Sergio Rebelo , Piyabha Kongsamut , and Danyang Xie

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2001

ISBN: 9781451850758

Keywords: growth, structural change, Kaldor facts, real interest rate, economic growth, growth rate, growth rates, labor income, One, Two

Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of the most striki...

Capital Income Taxation and Economic Growth in Open Economies

Capital Income Taxation and Economic Growth in Open Economies »

Source: Capital Income Taxation and Economic Growth in Open Economies

Volume/Issue: 2004/91

Series: IMF Working Papers

Author(s): Geremia Palomba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451851540

Keywords: endogenous growth, capital income taxation, capital accumulation, capital income, domestic taxes, capital market, International Factor Movements and International Business, Subsidies, and Revenue, Economic Growth and Aggregate Productivity,

Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper examines the effect of capital income taxation on the international allocation of capital and...

Carbon Taxes

Carbon Taxes »

Source: Carbon Taxes : Their Macroeconomic Effects and Prospects for Global Adoption: A Survey of the Literature

Volume/Issue: 1998/73

Series: IMF Working Papers

Author(s): Ved Gandhi , and Javier Cuervo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451849431

Keywords: carbon tax, climate change, double dividend, economic growth, greenhouse gas emissions, global warming, income distribution, international competitiveness, Kyoto protocol, carbon taxes

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, a...

The Case for Global Fiscal Stimulus1

The Case for Global Fiscal Stimulus1 »

Source: The Case for Global Fiscal Stimulus

Volume/Issue: 2009/03

Series: IMF Staff Position Notes

Author(s): Jaewoo Lee , Douglas Laxton , Michael Kumhof , and Charles Freedman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 March 2009

ISBN: 9781455268368

Keywords: Financial sector, Financial crisis, Economic models, Central banks, Cross country analysis, Economic growth, Spillovers, Stabilization measures, Fiscal policy, Monetary policy

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