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Central African Economic and Monetary Community: Staff Report on Common Policies of Member Countries;

Central African Economic and Monetary Community: Staff Report on Common Policies of Member Countries; »

Source: Central African Economic and Monetary Community : Staff Report on Common Policies of Member Countries;

Volume/Issue: 2006/317

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 August 2006

ISBN: 9781451951684

Keywords: exchange rate, economic outlook, financial sector

Macroeconomic developments benefited from oil windfalls, but structural problems still impede non-oil growth. Fiscal and external balances improved in the Central African Economic and Monetary Community (CEMAC) bec...

Chapter 4. Capacity building: technical assistance and training

Chapter 4. Capacity building: technical assistance and training »

Source: International Monetary Fund Annual Report 2007 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2007

ISBN: 9781589066632

Keywords: balance of payments, debt relief, financial sector, expenditures, exchange rate

The technical assistance and training offered by the IMF at the request of member countries are intended to help them fulfill the commitments they make when they join the IMF—to pursue policies that foster f...

CHAPTER 6 Challenges Ahead

CHAPTER 6 Challenges Ahead »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

The use of fiscal and other policies to counter the effects of the recession should continue, where appropriate, until it is clear that recovery is under way. Past gains from macroeconomic stabilization and...

CHAPTER 5 Financing Needs and Support from the International Community

CHAPTER 5 Financing Needs and Support from the International Community »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

LICs are facing large external financing needs in 2009–10, averaging about US$25 billion a year higher than in 2008. The Fund and other international financial institutions (IFIs) have increased their financ...

Chapter 5. Governance, organization, and finances

Chapter 5. Governance, organization, and finances »

Source: International Monetary Fund Annual Report 2007 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2007

ISBN: 9781589066632

Keywords: balance of payments, debt relief, financial sector, expenditures, exchange rate

The Fund’s Medium-Term Strategy (MTS) calls for a number of reforms in the governance and management of the IMF, including adjusting members’ quotas to reflect their role in the world economy more accurately...

CHAPTER 3 How Are LICs Affected?

CHAPTER 3 How Are LICs Affected? »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

For many LICs the crisis is expected to have a severe impact on economic growth this year, but a V-shaped recovery is expected for 2010. An Overview LIC economies are being...

CHAPTER 1 Introduction

CHAPTER 1 Introduction »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

Low-income countries (LICs) are being hit hard by the global financial crisis. They are facing a sharp contraction in export growth, foreign direct investment (FDI) inflows, and remittances, as well as lower...

CHAPTER 2 Outlook for Global Growth and Commodity Prices

CHAPTER 2 Outlook for Global Growth and Commodity Prices »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

The world economy is beginning to pull out of the deepest slump since the Great Depression, but stabilization is uneven and the recovery remains fragile. Financial conditions have improved, as unprecedented...

Chapter 1. Overview

Chapter 1. Overview »

Source: International Monetary Fund Annual Report 2007 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2007

ISBN: 9781589066632

Keywords: balance of payments, debt relief, financial sector, expenditures, exchange rate

During the financial year beginning on May 1, 2006, and ending on April 30, 2007, the Executive Board focused on adapting Fund policies and operations to better meet the evolving needs of the IMF’s member co...

CHAPTER 4 Policy Responses

CHAPTER 4 Policy Responses »

Source: Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069299

Keywords: External debt, Commodity prices, Economic growth, Global Financial Crisis 2008-2009, Low-income developing countries, external financing, debt sustainability, debt burden, exchange rate

Most LICs have implemented countercyclical fiscal policies, preserving or expanding spending to support the economy and protect the poor. But, given the limited scaling up of aid, many countries are resortin...