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3. Boosting Financial Sector Development

3. Boosting Financial Sector Development »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Sound macroeconomic fundamentals have been driving financial development in sub-Saharan African countries, while weak institutional quality has been hindering it in many countries of the region....

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 4. Conclusion

Chapter 4. Conclusion »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation in output and employment in sub-Saharan Africa has become a major concern of development economists. This is because analysis of past trends suggests that while the output transform...

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. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation has become a widely used macroeconomic measure of the quality of the economic development process. 1 It is widely accepted that in order for it to happen...

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. Projecting Output, Employment, and Productivity Forward through 2020

Chapter 3. Projecting Output, Employment, and Productivity Forward through 2020 »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This chapter uses the previously developed output and employment projections and analyzes what they mean for medium-term structural transformation in sub-Saharan Africa. The methodology for the projections i...

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...

Chapter 2. Transformation and Productivity: Comparison with Asia

Chapter 2. Transformation and Productivity: Comparison with Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Productivity Transformation The employment and output data were combined to make assessments of the speed of structural adjustment in sub-Saharan Africa compared with Asian countries...