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Contractionary Devaluation in Developing Countries

Contractionary Devaluation in Developing Countries »

Source: Contractionary Devaluation in Developing Countries : An Analytic Overview

Volume/Issue: 1988/51

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 1988

ISBN: 9781451970524

Keywords: imported inputs, aggregate demand, nominal interest rate, terms of trade, relative price

This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within...

IMF Concludes Article IV Consultation with Jamaica

IMF Concludes Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 1999 Article IV Consultation

Volume/Issue: 2000/8

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 January 2000

ISBN: 9781451820072

Keywords: debt, interest, public debt, external debt, liabilities

Jamaica has achieved considerable success in reducing inflation, restructuring the financial system after the crisis in 1995-96, and further liberalizing the economy through tariff reduction and privatization. The...

IMF Concludes Article IV Consultation with Jamaica

IMF Concludes Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2001 Article IV Consultation and Review of Staff Monitored Program

Volume/Issue: 2001/83

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2001

ISBN: 9781451820089

Keywords: debt, public sector, interest, interest rates, public sector debt

The principal problems facing the Jamaican economy are the extremely heavy burden of public sector debt, low growth, and the legacy of earlier periods of high inflation. The government has implemented several impro...

IMF Concludes 2002 Article IV Consultation with Jamaica

IMF Concludes 2002 Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2002 Article IV Consultation and a New Staff-Monitored Program

Volume/Issue: 2002/197

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2002

ISBN: 9781451820096

Keywords: debt, public sector, interest, deficit, interest rates

This paper focuses on the 2002 Article IV Consultation and a New Staff-Monitored Program (SMP) for Jamaica. In June 2000, the Jamaican authorities undertook an SMP for FY2000/01-2001/02 designed to tackle the heavy...

IMF Concludes 2003 Article IV Consultation with Jamaica

IMF Concludes 2003 Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2003 Article IV Consultation

Volume/Issue: 2004/76

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2004

ISBN: 9781451820102

Keywords: debt, interest, public sector, interest rates

Jamaica faced intense macroeconomic imbalances that threatened its macroeconomic stability. Executive Directors emphasized the need for credible policy actions and strong fiscal adjustment to reduce imbalances and...

IMF Concludes 2004 Article IV Consultation with Jamaica

IMF Concludes 2004 Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2004 Article IV Consultation

Volume/Issue: 2004/263

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2004

ISBN: 9781451820133

Keywords: debt, interest, public debt, budget, interest rate

This 2004 Article IV Consultation highlights that following the near crisis in the first half of 2003, the authorities in Jamaica have succeeded over the past year in stabilizing the economy and restoring market co...

IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica

IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica »

Source: Jamaica : 2009 Article IV Consultation and Request for a Stand: By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion

Volume/Issue: 2010/267

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2010

ISBN: 9781455203475

Keywords: debt, interest, public sector, budget, financial sector

Jamaica has been stuck in a cycle of low growth and high debt dynamics. It has been severely impacted by the global economic slowdown, and finances have deteriorated. Jamaica's objective of virtually eliminating th...

IMF Executive Board Completes Third Review Under Stand-By Arrangement with Jamaica and Approves US$49 Million Disbursement

IMF Executive Board Completes Third Review Under Stand-By Arrangement with Jamaica and Approves US$49 Million Disbursement »

Source: Jamaica : Third Review Under the Stand-By Arrangement-Staff Report; Informational Annex; Staff Supplement; and the Press Release on the Executive Board Discussion.

Volume/Issue: 2011/49

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2011

ISBN: 9781455217717

Keywords: debt, interest, public entities, public bodies

Economic developments and growth of Jamaica are discussed in this paper. Despite the good performance under the program through end-September, mounting spending pressures and delays in some fiscal reforms have requ...

IMF Executive Board Concludes 2008 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2008 Article IV Consultation with Jamaica »

Source: Jamaica : 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica

Volume/Issue: 2008/199

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2008

ISBN: 9781451820225

Keywords: debt, interest, budget, external debt, deficit

Economic growth variability is low in Jamaica, with deviations driven more by weather than by external conditions. External developments do, however, have large financial implications for Jamaica. Developments in J...

IMF Executive Board Concludes 2007 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2007 Article IV Consultation with Jamaica »

Source: Jamaica : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica

Volume/Issue: 2007/152

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 May 2007

ISBN: 9781451820201

Keywords: debt, interest, public sector, interest rate, budget

This 2007 Article IV Consultation highlights that Jamaica's economy is estimated to have achieved its best growth performance in over a decade during FY2006/07, which ended on March 31, 2007. Notwithstanding some r...