Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
Sub-Saharan African countries have in general run procyclical fiscal policies since 2000. This is not surprising in light of the fact that the majority of them are low-income and/or resource-dependent econom...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
This chapter examines the experience of three countries to establish and implement fiscal frameworks aimed at generating financial savings for rainy days: Nigeria, Botswana, and Chile....
Volume: 16
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...
Volume: 16
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
DOI: http://dx.doi.org/10.5089/9781513563541.087
ISBN: 9781513563541
Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
The focus of this paper is to analyze the link between the fiscal policy stance and economic activity in sub-Saharan Africa between 2000 and 2014, a period marked by relatively high rates of growth, a substa...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
The cyclical behavior of fiscal policy affects sub-Saharan African countries because many of them depend on commodity exports or have been gaining access to international capital markets in recent years, and...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degr...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
The Business Cycle in Sub-Saharan Africa
First, this chapter illustrates the stylized facts of the business cycle dynamics among sub-Saharan African countries in recent years. While...
Series: Departmental Papers / Policy Papers
Author(s):
Tetsuya Konuki
, and
Mauricio Villafuerte
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2016
ISBN: 9781513563541
This chapter examines factors that may influence the way fiscal policy has been conducted over the business cycle—that is, the degree of fiscal policy procyclicality—in each of the sample sub-Saharan African...
