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Appendices

Appendices »

Source: Compensatory Financing Facility

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451926767

Keywords: export earnings, balance of payments, export shortfalls, total export, merchandise exports

...

Appendix I. Decision on Compensatory Financing of Export Fluctuations

Appendix I. Decision on Compensatory Financing of Export Fluctuations »

Source: Compensatory Financing Facility

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451926767

Keywords: export earnings, balance of payments, export shortfalls, total export, merchandise exports

Decision No. 6224-(79/135), adopted August 2, 1979, supersedes Decision No. 4912-(75/207), adopted December 24, 1975, as amended by Decision No. 5348-(77/33), adopted March 11, 1977. It reads as...

Appendix II. Illustrative Case of a Request Under Compensatory Financing Facility

Appendix II. Illustrative Case of a Request Under Compensatory Financing Facility »

Source: Compensatory Financing Facility

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451926767

Keywords: export earnings, balance of payments, export shortfalls, total export, merchandise exports

The Executive Board considers requests for purchases under the compensatory financing facility on the basis of a staff report establishing the amount which can be drawn and explaining why the staff considers...

Appendix III. Statistical Analysis

Appendix III. Statistical Analysis »

Source: Compensatory Financing Facility

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451926767

Keywords: export earnings, balance of payments, export shortfalls, total export, merchandise exports

The statistical analysis is presented in two sections. In the first section, export earnings are assumed to fluctuate randomly from an exponential trend and shortfalls are defined as the downward deviations...

Appendix IV. Stabex

Appendix IV. Stabex »

Source: Compensatory Financing Facility

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

ISBN: 9781451926767

Keywords: export earnings, balance of payments, export shortfalls, total export, merchandise exports

The compensatory financing scheme (STABEX) administered by the European Community was established under the 1975 Lomé Convention for a five-year period (1975 through 1979) and has been extended for another f...

Chapter 2 Background

Chapter 2 Background »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

The IMF has been at the forefront in helping low-income countries (LICs) address the macroeconomic impact of the global food, fuel, and financial crises. LICs were hard hit by massive increases in food and f...

Chapter 5 Conclusions

Chapter 5 Conclusions »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

Over the past decade, since the advent of the PRGF, the Fund has sought to refocus its programs with LIC members. Macroeconomic policies, though still geared toward ensuring sustainability, were intended to...

Chapter 1 Overview

Chapter 1 Overview »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

The IMF has been at the forefront in helping low-income countries (LICs) address the macroeconomic impact of the global food, fuel, and financial crises. LICs have been hard hit by massive increases in world...

Chapter 3 Responsiveness in Macroeconomic Policy Design

Chapter 3 Responsiveness in Macroeconomic Policy Design »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

Addressing Shocks: The Strategic Approach IMF-supported programs are aimed at resolving balance of payments problems encountered by its member countries. Restoring external balance i...

Chapter 4 Streamlining Structural Conditionality

Chapter 4 Streamlining Structural Conditionality »

Source: Creating Policy Space in Low-Income Countries during the Recent Crises

Series: Departmental Papers / Policy Papers

Author(s): Paolo Dudine , Sibabrata Das , Pritha Mitra , Yongzheng Yang , Eteri Kvintradze , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 March 2010

ISBN: 9781589069305

Keywords: Financial assistance, Fund-supported adjustment programs, Global Financial Crisis 2008-2009, Low-income developing countries, conditionality, structural conditionality, current account, balance of payments, debt sustainability

Policy Evolution The 1980s saw increased use of structural conditionality in Fund-supported programs. This was motivated by the view that structural reforms were essential to sustain...