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Assessing Fiscal Space: an Update and Stocktaking

Assessing Fiscal Space: an Update and Stocktaking »

Source: Assessing Fiscal Space : An Update and Stocktaking

Volume/Issue: 2018/033

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2018

ISBN: 9781498309042

Keywords: Fiscal space, Debt sustainability, Fiscal policy, Monetary policy, Fiscal rules, commodity producer, country-specific, market access, bottom-line, conjuncture

This paper reviews the experience with the fiscal space assessment framework that was piloted during 2017-18. In 2016, staff proposed an operational definition of fiscal space and a new four-stage framework for its...

Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?

Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth? »

Source: Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?

Volume/Issue: 2005/044

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2005

ISBN: 9781498331319

Keywords: Poverty Reduction and Growth Facility, Agriculture, Capital, Capital goods, Central banking, Central banks, Corruption, Currencies, Developing countries, Development

Broad economic institutions are of fundamental importance for sustained economic growth. Changing these institutions is difficult, particularly for outsiders. But this does not mean that there is no role for the Fu...

Canada: 2019 Article IV Consultation—Press Release; and Staff Report

Canada: 2019 Article IV Consultation—Press Release; and Staff Report »

Source: Canada : 2019 Article IV Consultation - Press Release; and Staff Report

Volume/Issue: 2019/175

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2019

ISBN: 9781498321006

Keywords: Fiscal policy, Fiscal indicators, Balance of payments, External sector, Real sector, trade tension, business investment, Haver, bank of Canada, net debt

Growth has slowed to a more sustainable level and financial vulnerabilities have eased. But risks remain. Household debt is high, the United States-Mexico-Canada Agreement (USMCA) awaits legislative approval, and o...

Canada: Staff Report for the 2019 Article IV Consultation—Informational Annex

Canada: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Canada : 2019 Article IV Consultation - Press Release; and Staff Report

Volume/Issue: 2019/175

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2019

ISBN: 9781498321006

Keywords: Fiscal policy, Fiscal indicators, Balance of payments, External sector, Real sector, trade tension, business investment, Haver, bank of Canada, net debt

Growth has slowed to a more sustainable level and financial vulnerabilities have eased. But risks remain. Household debt is high, the United States-Mexico-Canada Agreement (USMCA) awaits legislative approval, and o...

Debt Limits in Fund-Supported Programs - Proposed New Guidelines

Debt Limits in Fund-Supported Programs - Proposed New Guidelines »

Source: Debt Limits in Fund-Supported Programs - Proposed New Guidelines

Volume/Issue: 2009/038

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 2009

ISBN: 9781498335744

Keywords: Access limits, Access to Fund general resources, Concessional aid, Debt management, Debt sustainability, External debt, External financing, Financial management, Fund facilities, Fund policies

Low-income countries (LICs) face significant challenges in meeting their development objectives, while maintaining a sustainable debt position. To address this dilemma, the international community has largely advoc...

Enhancing Surveillance - Interconnectedness and Clusters - Background Paper

Enhancing Surveillance - Interconnectedness and Clusters - Background Paper »

Source: Enhancing Surveillance - Interconnectedness and Clusters - Background Paper

Volume/Issue: 2012/016

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2012

ISBN: 9781498340823

Keywords: Asia, Background papers, Business cycles, Economic integration, Fiscal policy, Monetary policy, Oil prices, Oil revenues, Saudi Arabia, Surveillance

This paper provides additional detail for the framework discussed in 'Enhancing Surveillance - Interconnectedness and Clusters' through theoretical and empirical analysis of linkages, including case studies of Saud...

Fiscal Buffers for Natural Disasters in Pacific Island Countries1

Fiscal Buffers for Natural Disasters in Pacific Island Countries1 »

Source: Fiscal Buffers for Natural Disasters in Pacific Island Countries

Volume/Issue: 2019/152

Series: IMF Working Papers

Author(s): Hidetaka Nishizawa , Scott Roger , and Huan Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 July 2019

ISBN: 9781498320801

Keywords: Access to foreign markets, Accounting, Accounting standards, Agriculture, Aid flows, Balance of payments, Bank deposits, Bank financing, Banks, Bonds

Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spend...

Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries

Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries »

Source: Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries

Volume/Issue: 2013/087

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2013

ISBN: 9781498341134

Keywords: Cooperation Council for the Arab States of the Gulf, Cross country analysis, Economic growth, Fiscal policy, Fiscal risk, Middle East, Monetary policy, North Africa, Oil prices, Spillovers

The global and regional economic environment remains challenging. Global growth remains tepid, and although some pick-up is expected, risks are tilted to the downside. Recent volatility in financial markets is havi...

High Level Status Report to the IEO Evaluation of Fund's Recurring Issues

High Level Status Report to the IEO Evaluation of Fund's Recurring Issues »

Source: High Level Status Report to the IEO Evaluation of Fund's Recurring Issues

Volume/Issue: 2017/012

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2017

ISBN: 9781498347044

Keywords: Absorptive capacity, Accounting, Accounting systems, Agricultural subsidies, Agriculture, Anti-money laundering, Arrears policy, Balance sheets, Budgeting, Budgets

This is a high-level report on progress in addressing recurring issues identified by the Independent Evaluation Office (IEO). The Board endorsed the proposal in the Chairman's Summing Up for the Independent Evaluat...

How Did Emerging Markets Cope in the Crisis?

How Did Emerging Markets Cope in the Crisis? »

Source: How Did Emerging Markets Cope in the Crisis?

Volume/Issue: 2010/064

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2010

ISBN: 9781498337250

Keywords: Cross country analysis, Economic recovery, Emerging markets, Financial crisis, Fiscal policy, Global Financial Crisis 2008-2009, Monetary policy, External sector, Economic integration, Financial regulation and supervision

The IMF Executive Board has been considering reforms to strengthen the Fund's mandate to better equip the institution to safeguard global stability. Executive Directors have supported a range of reforms to moderniz...