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Emerging Markets in Transition
			: Growth Prospects and Challenges

Emerging Markets in Transition : Growth Prospects and Challenges »

Volume/Issue: 2014/6

Series: Staff Discussion Notes

Author(s): Luis Cubeddu , Alexander Culiuc , Ghada Fayad , Yuan Gao , Kalpana Kochhar , Annette Kyobe , Ceyda Oner , Roberto Perrelli , Sarah Sanya , Evridiki Tsounta , and Zhongxia Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2014

DOI: http://dx.doi.org/10.5089/9781498327664.006

ISBN: 9781498327664

Keywords: Emerging markets, growth, potential growth, convergence, heterogeneity, structural reform, productivity, terms of trade, trading partners, commodity prices

After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the po...

The Mystery of Missing Real Spillovers in Southern Africa
			: Some Facts and Possible Explanations

The Mystery of Missing Real Spillovers in Southern Africa : Some Facts and Possible Explanations »

Volume: 18

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Andrew Jonelis , Borislava Mircheva , and Slavi Slavov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 June 2014

DOI: http://dx.doi.org/10.5089/9781484363447.087

ISBN: 9781484363447

Keywords: Demand, External shocks, Regional integration, Southern Africa, South Africa, Spillovers, Trade integration, growth rate, gdp per capita, real gdp

Anecdotal evidence suggests that the economies of South Africa and its neighbors (Botswana, Lesotho, Mozambique, Namibia, Swaziland, and Zimbabwe) are tightly integrated with each other. There are important institu...

World Economic Outlook, April 2014
			: Recovery Strengthens, Remains Uneven

World Economic Outlook, April 2014 : Recovery Strengthens, Remains Uneven »

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 2014

DOI: http://dx.doi.org/10.5089/9781484308349.081

ISBN: 9781484308349

Keywords: inflation, monetary policy, real interest rates, gdp growth, real rates

Global activity has broadly strengthened and is expected to improve further in 2014-15, according to the April 2014 WEO, with much of the impetus for growth coming from advanced economies. Although downside risks h...

Redistribution, Inequality, and Growth

Redistribution, Inequality, and Growth »

Volume/Issue: 2014/2

Series: Staff Discussion Notes

Author(s): Jonathan Ostry , Andrew Berg , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 February 2014

DOI: http://dx.doi.org/10.5089/9781484352076.006

ISBN: 9781484352076

Keywords: Redistribution, Inequality, Growth, gini, redistributive transfers, income distribution, dependent variable, gini coefficient, and Growth,

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inabi...

Namibia
			: Selected Issues

Namibia : Selected Issues »

Volume/Issue: 2014/41

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 February 2014

DOI: http://dx.doi.org/10.5089/9781475580396.002

ISBN: 9781475580396

Keywords: Financial stability, Economic growth, Productivity, Political economy, Namibia, Selected issues, Fiscal reforms, tfp, labor market, labor force

This Selected Issues paper analyzes policies that can raise potential growth in small middle-income countries (SMICs) of sub-Saharan Africa (SSA). The findings suggest that although macroeconomic stability and trad...

Senegal
			: Achieving High and Inclusive Growth While Preserving Fiscal Sustainability

Senegal : Achieving High and Inclusive Growth While Preserving Fiscal Sustainability »

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Alexei Kireyev , and Gaston Mpatswe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

DOI: http://dx.doi.org/10.5089/9781484379660.087

ISBN: 9781484379660

Keywords: Economic growth, Electric power, Subsidies, Government expenditures, Fiscal sustainability, Senegal, electricity, per, expenditure, electricity subsidies

Senegal's growth has been sluggish in recent years with implications for poverty reduction. Average growth was relatively strong in 1995-2005 and accompanied by a large drop in poverty incidence. Due partly to a se...

What Happens to Social Spending in IMF-Supported Programs?

What Happens to Social Spending in IMF-Supported Programs? »

Volume/Issue: 2011/15

Series: Staff Discussion Notes

Author(s): Masahiro Nozaki , Benedict Clements , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 August 2011

DOI: http://dx.doi.org/10.5089/9781463935146.006

ISBN: 9781463935146

Keywords: Fiscal policy, IMF, social spending, health spending, dependent variable, public spending, health expenditures,

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

Spillover Effects and the East African Community
			: Explaining the Slowdown and the Recovery

Spillover Effects and the East African Community : Explaining the Slowdown and the Recovery »

Volume: 09

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2009

DOI: http://dx.doi.org/10.5089/9781455245161.087

ISBN: 9781455245161

Keywords: Economic conditions, Economic growth, Spillovers, gdp growth, world growth, real gdp, commodity prices, domestic demand

The East African Community (EAC) countries—Kenya, Tanzania, Uganda, and Rwanda—have been affected by the global financial crisis and global recession. The fall in global demand and inflows and tighter...

Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas

Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas »

Volume: 08

Series: Departmental Papers / Policy Papers

Author(s): Jeronimo Zettelmeyer , Martin Mühleisen , and Shaun Roache

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 October 2008

DOI: http://dx.doi.org/10.5089/9781589067882.087

ISBN: 9781589067882

Keywords: inflation, bond, commodity prices, spillovers, interest rates

In a global economy beset by concerns over a growth recession, financial volatility, and rising inflation, countries in the Western Hemisphere have been among the few bright spots in recent years. This has not come...

Economic Growth and Integration in Central America

Economic Growth and Integration in Central America »

Series: Occasional Papers

Author(s): Alfred Schipke , and Dominique Desruelle

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2007

DOI: http://dx.doi.org/10.5089/9781589066168.084

ISBN: 9781589066168

Keywords: Economic conditions, Economic growth, Public debt, debt, inflation, pension, monetary policy

How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges. This...