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Absorption Boom and Fiscal Stance

Absorption Boom and Fiscal Stance »

Source: Absorption Boom and Fiscal Stance : What Lies Ahead in Eastern Europe?

Volume/Issue: 2010/97

Series: IMF Working Papers

Author(s): Jesmin Rahman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781451982749

Keywords: Pro-cyclicality, cyclically-adjusted fiscal balance, expenditure, capital expenditure, social expenditure, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,

This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom yea...

Achieving a Soft Landing

Achieving a Soft Landing »

Source: Achieving a Soft Landing : The Role of Fiscal Policy

Volume/Issue: 2008/69

Series: IMF Working Papers

Author(s): Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869316

Keywords: Business cycle stabilization, inflation, fiscal balance,

This paper utilizes an open-economy New Keynesian overlapping generations model to assess the extent to which fiscal policy, along side an inflation-forecast-based monetary policy, could enhance macroeconomic stabi...

Adjustment Under a Currency Peg

Adjustment Under a Currency Peg »

Source: Adjustment Under a Currency Peg : Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09

Volume/Issue: 2010/213

Series: IMF Working Papers

Author(s): Catriona Purfield , and Christoph Rosenberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205448

Keywords: Internal devaluation, boom bust, competitiveness, wage adjustment, global financial crisis, wage, benefits, wages, fiscal balance,

The paper traces the Baltics' adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita i...

Algeria: 2013 Article IV Consultation

Algeria: 2013 Article IV Consultation »

Source: Algeria : Staff Report for the 2013 Article IV Consultation

Volume/Issue: 2014/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566215

Keywords: Fiscal consolidation, Economic indicators, Debt sustainability analysis, Algeria, Economic growth, Article IV consultation reports, Press releases, Real effective exchange rates, Staff Reports, Monetary policy

This Informational Annex highlights that data provision in Algeria has some shortcomings, but is broadly adequate for surveillance. Data are published with a delay of less than one month. Key shortcomings in govern...

Algeria: Staff Report for the 2013 Article IV Consultation—Informational Annex

Algeria: Staff Report for the 2013 Article IV Consultation—Informational Annex »

Source: Algeria : Staff Report for the 2013 Article IV Consultation

Volume/Issue: 2014/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566215

Keywords: Fiscal consolidation, Economic indicators, Debt sustainability analysis, Algeria, Economic growth, Article IV consultation reports, Press releases, Real effective exchange rates, Staff Reports, Monetary policy

This Informational Annex highlights that data provision in Algeria has some shortcomings, but is broadly adequate for surveillance. Data are published with a delay of less than one month. Key shortcomings in govern...

Analyse conjointe de viabilité de la dette (AVD) selon le cadre de viabilité de la dette des pays à faible revenu1

Analyse conjointe de viabilité de la dette (AVD) selon le cadre de viabilité de la dette des pays à faible revenu1 »

Source: Côte d'Ivoire : Consultations de 2011 au titre de l'article IV et demandes d'accord triennal appuyé par la facilité élargie de crédit et d'assistance intérimaire additionnelle dans le cadre de l'initiative renforcée en faveur des pays pauvres très endettés - Rapport des services du FMI; note d'information au public et communiqué de presse sur les débats du Conseil d'administration; et déclaration de l'Administrateur pour la Côte d'Ivoire

Volume/Issue: 2011/328

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2011

Language: French

ISBN: 9781463925321

Keywords: debt service, debt relief, external debt, public debt, budget support, debt management, domestic financing, central bank, domestic debt, public finances

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Angola: Staff Report for the 2014 Article IV Consultation

Angola: Staff Report for the 2014 Article IV Consultation »

Source: Angola : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2014

ISBN: 9781484327395

Keywords: oil, public debt, fiscal balance, fiscal surpluses, gas

KEY ISSUES Context and outlook: Angola's recent economic developments have been positive, but softening oil revenue and limited proven oil reserves highlight the need to contain emerging fiscal deficits, preserve...

Angola: Staff Report for the 2014 Article IV Consultation—Debt Sustainability Analysis

Angola: Staff Report for the 2014 Article IV Consultation—Debt Sustainability Analysis »

Source: Angola : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2014

ISBN: 9781484327395

Keywords: oil, public debt, fiscal balance, fiscal surpluses, gas

KEY ISSUES Context and outlook: Angola's recent economic developments have been positive, but softening oil revenue and limited proven oil reserves highlight the need to contain emerging fiscal deficits, preserve...

Angola: Staff Report for the 2014 Article IV Consultation—Informational Annex

Angola: Staff Report for the 2014 Article IV Consultation—Informational Annex »

Source: Angola : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2014

ISBN: 9781484327395

Keywords: oil, public debt, fiscal balance, fiscal surpluses, gas

KEY ISSUES Context and outlook: Angola's recent economic developments have been positive, but softening oil revenue and limited proven oil reserves highlight the need to contain emerging fiscal deficits, preserve...

Are Developing Countries Better Off Spending Their Oil Wealth Upfront?

Are Developing Countries Better Off Spending Their Oil Wealth Upfront? »

Source: Are Developing Countries Better Off Spending Their Oil Wealth Upfront?

Volume/Issue: 2004/141

Series: IMF Working Papers

Author(s): H. Takizawa , E. Gardner , and Kenichi Ueda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451856217

Keywords: Optimal fiscal policy, transitional growth, natural resource, government spending, budget constraint, fiscal balance, private consumption, Fiscal and Monetary Policy in Development,

We question the conventional view that it is optimal for government to maintain a stable level of spending out of oil wealth. We compare this conventional policy recommendation with one where government spends all...