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Cover IMF Survey
Cyprus enjoys higher growth, but must meet EU challenges
International Monetary Fund. External Relations Dept.

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

Keywords:
SV; IMF HIPC assistance; SDR interest rate; IMF-World Bank Spring Meetings; EU challenge; EU directive; EU legislation; EU's stability; IMF's executive board; Government debt management; Labor market flexibility; Capital account liberalization; Public enterprises; Financial sector
Cover Economic Adjustment in Low-Income Countries
Economic Adjustment in Low-Income Countries
Experience Under the Enhanced Structural Adjustment Facility
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
Economic Adjustment in Low-Income Countries
Experience Under the Enhanced Structural Adjustment Facility
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa
Cover Economic Adjustment in Low-Income Countries
I Introduction
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
I Introduction
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
II The Setting
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
II The Setting
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
III Financial and Structural Policies: The Broad Front for Reform
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover Economic Adjustment in Low-Income Countries
III Financial and Structural Policies: The Broad Front for Reform
Mr. F. Rozwadowski, Mr. Siddharth Tiwari, Mr. David Robinson, and Ms. Susan M Schadler

Abstract

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.

Keywords:
OP; ESAF program; ESAF arrangement; ESAF period; ESAF; terms of trade; ESAF country; ESAF-supported program; Exports; Current account; Public enterprises; Debt service ratios; Sub-Saharan Africa; Eastern Europe; Southern Africa; West Africa; Africa; Public sector; Debt burden; Caribbean
Cover IMF Staff Country Reports
Bolivia: Staff Report for the 1999 Article IV Consultation and Request for Second Annual Arrangement Under the Poverty Reduction and Growth Facility
International Monetary Fund
A considerable degree of macroeconomic stability was achieved by Bolivia, and by the steadfast implementation of structural reforms, most of the distortions that adversely affected the economy in the early 1980s were removed. The Bolivian authorities are committed to fighting poverty. Executive Directors urged the authorities to proceed decisively with the envisaged reform of labor regulations in 2000 to enhance external competitiveness, make Bolivia’s regulations complaint with the norms of the International Labor Organization, and broaden the coverage of the formal economy.
Keywords:
ISCR; CR; trustee requests consultation; trustee; sc; Bolivia's program; request of Bolivia; payments agreement; balance of payments reason; Public sector; Current account deficits; Imports; Structural reforms