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APPENDIX 1: IMF Involvement in Tanzania

APPENDIX 1: IMF Involvement in Tanzania »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

IMF involvement in Tanzania’s economic transformation and programs has evolved in three phases: liberalization, 1986–95; macroeconomic stabilization and structural reform, 1996–2006...

CHAPTER 5: Aid, Growth, and Competitiveness

CHAPTER 5: Aid, Growth, and Competitiveness »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

History and Evolution of Aid to Tanzania Tanzania has long received substantial amounts of donor aid. Since the mid-1970s, aid has consistently exceeded 5 percent of GDP a year, and...

CHAPTER 6: Challenges for the Future

CHAPTER 6: Challenges for the Future »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

Building on Achievement Tanzania has made remarkable progress over the past two decades. It has achieved, and maintained, macroeconomic stability. The structural transformation of th...

CHAPTER 4: Establishing Effective Monetary Policy and a Vibrant Financial Sector

CHAPTER 4: Establishing Effective Monetary Policy and a Vibrant Financial Sector »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

In the late 1980s Tanzania’s financial sector was among the least developed in Africa. There were no capital or money markets. The main financial instrument was government securities issued directly to the s...

CHAPTER 1: Introduction

CHAPTER 1: Introduction »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

From Ujamaa to MKUKUTA In 1985, Tanzania was in severe economic distress, plagued by widespread shortages and high inflation. Agricultural production, the mainstay of the economy, ha...

CHAPTER 2: Opening Up the Economy

CHAPTER 2: Opening Up the Economy »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

Throughout the 1970s and the first half of the 1980s, the Tanzanian authorities used trade restrictions and exchange controls to support their development priorities. Producers of export cash crops, traditio...

CHAPTER 3: Putting Public Finances on a Durably Sound Footing

CHAPTER 3: Putting Public Finances on a Durably Sound Footing »

Source: Tanzania : The Story of an African Transition

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

Overall Performance Tanzania’s public finances have performed remarkably well in recent years. The public debt position is comfortable, domestic revenues have grown impressively, and...

Tanzania
			: The Story of an African Transition

Tanzania : The Story of an African Transition »

Volume: 09

Series: Departmental Papers / Policy Papers

Author(s): Roger Nord , Yuri Sobolev , David G. Dunn , Alejandro Hajdenberg , Niko Hobdari , Samar Maziad , and Stéphane Roudet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2009

DOI: http://dx.doi.org/10.5089/9781616350734.087

ISBN: 9781589068223

Keywords: foreign exchange, monetary policy, exchange rate, inflation, banking

This volume documents Tanzania's remarkable turnaround from severe economic distress in 1985, and reviews the economic policies that twenty years later contributed to a successful reversal. Tanzania still faces man...

I Introduction

I Introduction »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

Aid facilitates a transfer of resources from donor to recipient countries that enables the recipients to increase consumption and investment. It thus presents an opportunity to reduce poverty, increase the s...

II Conceptual Framework and Its Application to Five Countries

II Conceptual Framework and Its Application to Five Countries »

Source: The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

This chapter develops an analytical framework for examining policy responses to a surge in aid inflows, summarizes the evidence from a sample of five low-income countries, and seeks out general lessons that...