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Budget Support Versus Project Aid

Budget Support Versus Project Aid »

Source: Budget Support Versus Project Aid

Volume/Issue: 2003/88

Series: IMF Working Papers

Author(s): Tito Cordella , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451851182

Keywords: aid policy, asymmetric information, empirical growth models, budget support, budget surplus, capital expenditures, budget constraint, capital expenditure, Asymmetric and Private Information, Welfare and Poverty: General

Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the develo...

Cambodia: Staff Report for the 2013 Article IV Consultation

Cambodia: Staff Report for the 2013 Article IV Consultation »

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

Volume/Issue: 2014/33

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566451

Keywords: Article IV consultations, Cambodia, Bank supervision, Economic growth, Debt sustainability analysis, Economic indicators, Fiscal consolidation, Global competitiveness, Fiscal policy, Monetary policy

This Debt Sustainability Analysis update highlights Cambodia's continued low debt distress rating: all debt burden indicators are projected to remain below the respective thresholds. The authorities have made progr...

Cambodia: Staff Report for the 2013 Article IV Consultation—Debt Sustainability Analysis 1

Cambodia: Staff Report for the 2013 Article IV Consultation—Debt Sustainability Analysis 1 »

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

Volume/Issue: 2014/33

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566451

Keywords: Article IV consultations, Cambodia, Bank supervision, Economic growth, Debt sustainability analysis, Economic indicators, Fiscal consolidation, Global competitiveness, Fiscal policy, Monetary policy

This Debt Sustainability Analysis update highlights Cambodia's continued low debt distress rating: all debt burden indicators are projected to remain below the respective thresholds. The authorities have made progr...

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

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

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

Volume/Issue: 2014/33

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566451

Keywords: Article IV consultations, Cambodia, Bank supervision, Economic growth, Debt sustainability analysis, Economic indicators, Fiscal consolidation, Global competitiveness, Fiscal policy, Monetary policy

This Debt Sustainability Analysis update highlights Cambodia's continued low debt distress rating: all debt burden indicators are projected to remain below the respective thresholds. The authorities have made progr...

CHAPTER 7. Financial System and Institutions

CHAPTER 7. Financial System and Institutions »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Mauritius has one of the more sophisticated financial systems in Africa, a system that is soundly capitalized and profitable. Assets of the banking system represent about 100 percent of GDP. While the financ...

CHAPTER 6. Fiscal Developments

CHAPTER 6. Fiscal Developments »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Over the past 25 years, Mauritius’s public finances have experienced three distinct phases: large fiscal deficits in the early 1980s, followed by a period of fiscal consolidation and discipline during the la...

CHAPTER 5. Labor Market and Educational System

CHAPTER 5. Labor Market and Educational System »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Despite strong economic growth, averaging just below 6 percent per year over the last two decades, a “U”-curve phenomenon of Mauritian unemployment can be observed (Figure 5.1). The unemployment rate plunged...

CHAPTER 9. Medium-Term Challenges and Concluding Remarks

CHAPTER 9. Medium-Term Challenges and Concluding Remarks »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

The Factors Behind Sustained Growth The discussion in the previous chapters leads to some key conclusions. First, the Mauritian growth performance since the 1970s has been exceptiona...

CHAPTER 2. Outstanding Growth Performance

CHAPTER 2. Outstanding Growth Performance »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Mauritius’s Initial Conditions Mauritius is a small island economy in a remote section of the Indian Ocean. The island was visited by Malays, Arabs, and Portuguese in the sixteenth c...

CHAPTER 1. Overview

CHAPTER 1. Overview »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

The purpose of this paper is to present the remarkable achievements of the economy of Mauritius since independence, and to highlight the factors that have made this performance possible. The record is impres...