Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
ISBN: 9781484378373
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Alexei Kireyev
,
Boaz Nandwa
,
Lorraine Ocampos
,
Babacar Sarr
,
Ramzy Al Amine
,
Allan Auclair
,
Yufei Cai
, and
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
Language: French
ISBN: 9781484389164
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Alexei Kireyev
,
Boaz Nandwa
,
Lorraine Ocampos
,
Babacar Sarr
,
Ramzy Al Amine
,
Allan Auclair
,
Yufei Cai
, and
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
Language: Arabic
ISBN: 9781484389843
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Alexei Kireyev
,
Boaz Nandwa
,
Lorraine Ocampos
,
Babacar Sarr
,
Ramzy Al Amine
,
Allan Auclair
,
Yufei Cai
, and
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781484389843.087
ISBN: 9781484389843
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
DOI: http://dx.doi.org/10.5089/9781484378373.087
ISBN: 9781484378373
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2019/1
Series: Departmental Papers / Policy Papers
Author(s):
Alexei Kireyev
,
Boaz Nandwa
,
Lorraine Ocampos
,
Babacar Sarr
,
Ramzy Al Amine
,
Allan Auclair
,
Yufei Cai
, and
Jean-Francois Dauphin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2019
Language: French
DOI: http://dx.doi.org/10.5089/9781484389164.087
ISBN: 9781484389164
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their tota...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2018
Language: French
ISBN: 9781484367674
This 2018 Article IV Consultation highlights the important challenges Algeria continues to face as a result of the fall in oil prices four years ago. Despite sizable fiscal consolidation in 2017, the fiscal and cur...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2018
Language: French
ISBN: 9781484367674
This 2018 Article IV Consultation highlights the important challenges Algeria continues to face as a result of the fall in oil prices four years ago. Despite sizable fiscal consolidation in 2017, the fiscal and cur...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2018
Language: French
ISBN: 9781484367674
This 2018 Article IV Consultation highlights the important challenges Algeria continues to face as a result of the fall in oil prices four years ago. Despite sizable fiscal consolidation in 2017, the fiscal and cur...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2018
Language: French
DOI: http://dx.doi.org/10.5089/9781484367674.002
ISBN: 9781484367674
This 2018 Article IV Consultation highlights the important challenges Algeria continues to face as a result of the fall in oil prices four years ago. Despite sizable fiscal consolidation in 2017, the fiscal and cur...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2018
Language: French
ISBN: 9781484367674
This 2018 Article IV Consultation highlights the important challenges Algeria continues to face as a result of the fall in oil prices four years ago. Despite sizable fiscal consolidation in 2017, the fiscal and cur...
Volume/Issue: 2018/169
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
ISBN: 9781484361764
This Selected Issues paper discusses measures needed to improve public spending efficiency to foster more inclusive growth in Algeria. Fostering more inclusive growth in a sustainable way requires addressing Algeri...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
ISBN: 9781484361702
This 2018 Article IV Consultation highlights that Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable fiscal consolidation in 2017, the fiscal and curre...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
ISBN: 9781484361702
This 2018 Article IV Consultation highlights that Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable fiscal consolidation in 2017, the fiscal and curre...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
ISBN: 9781484361702
This 2018 Article IV Consultation highlights that Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable fiscal consolidation in 2017, the fiscal and curre...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
DOI: http://dx.doi.org/10.5089/9781484361702.002
ISBN: 9781484361702
This 2018 Article IV Consultation highlights that Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable fiscal consolidation in 2017, the fiscal and curre...
Volume/Issue: 2018/169
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
DOI: http://dx.doi.org/10.5089/9781484361764.002
ISBN: 9781484361764
This Selected Issues paper discusses measures needed to improve public spending efficiency to foster more inclusive growth in Algeria. Fostering more inclusive growth in a sustainable way requires addressing Algeri...
Volume/Issue: 2018/168
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2018
ISBN: 9781484361702
This 2018 Article IV Consultation highlights that Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable fiscal consolidation in 2017, the fiscal and curre...
Volume/Issue: 2018/124
Series: IMF Working Papers
Author(s):
Maria Elkhdari
,
Moez Souissi
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2018
ISBN: 9781484357972
At a time when Algeria must undertake considerable fiscal consolidation to restore sustainability, the issue
of fiscal multipliers has come to the fore. This paper estimates short-term and long-term fiscal multipli...
Volume/Issue: 2018/124
Series: IMF Working Papers
Author(s):
Maria Elkhdari
,
Moez Souissi
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2018
DOI: http://dx.doi.org/10.5089/9781484357972.001
ISBN: 9781484357972
At a time when Algeria must undertake considerable fiscal consolidation to restore sustainability, the issue
of fiscal multipliers has come to the fore. This paper estimates short-term and long-term fiscal multipli...
Volume/Issue: 2018/6
Series: Departmental Papers / Policy Papers
Author(s):
Edward Gemayel
,
Lorraine Ocampos
,
Matteo Ghilardi
, and
James Aylward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
April
2018
DOI: http://dx.doi.org/10.5089/9781484337165.087
ISBN: 9781484337165
Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...
Volume/Issue: 2018/6
Series: Departmental Papers / Policy Papers
Author(s):
Edward Gemayel
,
Lorraine Ocampos
,
Matteo Ghilardi
, and
James Aylward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
April
2018
ISBN: 9781484337165
Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Rising Challenges
The pursuit of multiple goals with public payrolls—often with limited success—has left several countries in the region with high wage bills at a time of heightened...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Comparison with Global Peers
Public wage bills in the MENAP region are higher than in other emerging market and developing economies (Figure 2.1).
1...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Management of public sector wage bills has emerged as an important policy challenge for the region. Reflecting legacies from the past—including the large role of the state—as well as considerable oil wealth...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Policy Objectives
Employment
In many areas of the MENAP region, high wage bills reflect the traditional role of the state as the employer of first reso...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Economic and social challenges have intensified across the Middle East and Central Asia. Despite a stronger global economy, the growth outlook for the region remains subdued (IMF 2017). Weak economic growth...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Public Service Delivery
Higher wage bills have on average not produced better service delivery, though public services are also affected by other considerations (Figures 4.1 and 4.2)...
Volume: 18
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
DOI: http://dx.doi.org/10.5089/9781484336731.087
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Volume: 18
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Volume/Issue: 2017/142
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302675
This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consi...
Volume/Issue: 2017/142
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302675
This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consi...
Volume/Issue: 2017/142
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302675
This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consi...
Volume/Issue: 2017/142
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302675
This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consi...
Volume/Issue: 2017/141
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302668
This 2017 Article IV Consultation highlights Algeria's continued challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016,...
Volume/Issue: 2017/141
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302668
This 2017 Article IV Consultation highlights Algeria's continued challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016,...
Volume/Issue: 2017/141
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302668
This 2017 Article IV Consultation highlights Algeria's continued challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016,...
Volume/Issue: 2017/141
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
DOI: http://dx.doi.org/10.5089/9781484302668.002
ISBN: 9781484302668
This 2017 Article IV Consultation highlights Algeria's continued challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016,...
Volume/Issue: 2017/142
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
DOI: http://dx.doi.org/10.5089/9781484302675.002
ISBN: 9781484302675
This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consi...
Volume/Issue: 2017/141
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2017
ISBN: 9781484302668
This 2017 Article IV Consultation highlights Algeria's continued challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016,...
Volume: 16
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
DOI: http://dx.doi.org/10.5089/9781513520483.087
ISBN: 9781513520483
This paper discusses the challenges posed by low oil prices in the MENA and CCA regions, the adjustment policies adopted so far, and remaining adjustment needs and future risks....
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
The oil exporters in the Middle East and North Africa (MENA) and the Caucasus and Central Asia (CCA) are facing an exceptionally challenging policy environment. Lower oil prices hav...
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
Growth Will Remain Well Below Historical Trends
The steep and persistent decline in oil prices has sharply worsened the growth outlook, and the need to diversify away from oil has be...
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
This paper discusses the challenges posed by low oil prices in the MENA and CCA regions, the adjustment policies adopted so far, and remaining adjustment needs and future risks....
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
This paper discusses the challenges posed by low oil prices in the MENA and CCA regions, the adjustment policies adopted so far, and remaining adjustment needs and future risks....
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
Over the past 15 years, MENA and CCA oil exporters enjoyed large external and fiscal surpluses and rapid economic expansion on the back of booming oil prices. Growth averaged almost 5 percent in the GCC regi...
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
Exchange Rate Policy Options
Oil exporters have taken diverse approaches to their exchange rate regimes. The GCC countries have decided to maintain their pegs, while the CCA countrie...
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
Magnitude of the Fiscal Challenge
The steep drop in oil prices has led to a significant deterioration in fiscal balances, despite the deficit-reduction measures adopted so far. This...
Series: Departmental Papers / Policy Papers
Author(s):
Martin Sommer
,
Allan Auclair
,
Armand Fouejieu
,
Inutu Lukonga
,
Saad Quayyum
,
Amir Sadeghi
,
Gazi Shbaikat
,
Andrew Tiffin
, and
Bruno Versailles
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2016
ISBN: 9781513520483
Lower oil prices and other major shocks have hit the MENA and CCA regions with serious and persistent impacts. Sizable policy adjustment is needed in all major areas: fiscal, external, financial, and structu...
Volume/Issue: 2016/128
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358351
This paper develops a structural macroeconomic model for Algeria that can help inform the discussion of the policy choices faced by the authorities. The model captures the core dynamics of Algeria's macro-economy a...
Volume/Issue: 2016/128
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358351
This paper develops a structural macroeconomic model for Algeria that can help inform the discussion of the policy choices faced by the authorities. The model captures the core dynamics of Algeria's macro-economy a...
Volume/Issue: 2016/128
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358351
This paper develops a structural macroeconomic model for Algeria that can help inform the discussion of the policy choices faced by the authorities. The model captures the core dynamics of Algeria's macro-economy a...
Volume/Issue: 2016/127
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358436
This paper discusses the recent economic developments, outlook, risks, and policies required to foster sustainable economic growth of Algeria. Growth was sustained in 2015 while inflation picked up. The budget defi...
Volume/Issue: 2016/127
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358436
This paper discusses the recent economic developments, outlook, risks, and policies required to foster sustainable economic growth of Algeria. Growth was sustained in 2015 while inflation picked up. The budget defi...
Volume/Issue: 2016/127
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
ISBN: 9781484358436
This paper discusses the recent economic developments, outlook, risks, and policies required to foster sustainable economic growth of Algeria. Growth was sustained in 2015 while inflation picked up. The budget defi...
Volume/Issue: 2016/127
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
DOI: http://dx.doi.org/10.5089/9781484358436.002
ISBN: 9781484358436
This paper discusses the recent economic developments, outlook, risks, and policies required to foster sustainable economic growth of Algeria. Growth was sustained in 2015 while inflation picked up. The budget defi...
Volume/Issue: 2016/128
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
May
2016
DOI: http://dx.doi.org/10.5089/9781484358351.002
ISBN: 9781484358351
This paper develops a structural macroeconomic model for Algeria that can help inform the discussion of the policy choices faced by the authorities. The model captures the core dynamics of Algeria's macro-economy a...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
This book would not have been possible without the support of the IMF’s Middle East Center for Economics and Finance (CEF) in Kuwait. Indeed, the book is based on the high-level diversification conference...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
DOI: http://dx.doi.org/10.5089/9781513537863.071
ISBN: 9781513537863
The 'Gulf Falcons'-the countries of the Gulf Cooperation Council-have high living standards as a result of large income flows from oil. The decline of oil prices between summer 2014 and fall 2015 underscores the ur...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
The 'Gulf Falcons'-the countries of the Gulf Cooperation Council-have high living standards as a result of large income flows from oil. The decline of oil prices between summer 2014 and fall 2015 underscores the ur...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
The 'Gulf Falcons'-the countries of the Gulf Cooperation Council-have high living standards as a result of large income flows from oil. The decline of oil prices between summer 2014 and fall 2015 underscores the ur...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Development, as economists say, is path dependent. That is, it is based on the context of individual countries and is historically determined. This chapter adopts a very pragmatic approach to this issue—from...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
An individual economy develops and evolves along various paths. How different paths lead to a variation in economic prosperity and stability has always been a matter of curiosity to economists and policymake...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
During the past decade, Latin American countries enjoyed some of their best economic times in recent memory. Most of the good performance is attributed to unusually favorable international prices, especially...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Singapore has been transformed economically, socially, and politically since independence in August 1965. The country’s industrial development strategy evolved from labor intensive in the 1960s, skill intens...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
How can middle-income countries enhance productivity growth, helping them to avoid the so-called middle-income trap? This chapter discusses potential determinants of firm-level productivity and productivity...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Although quality of life is higher than ever before, a billion people still live in absolute poverty. To fight it, it is necessary for the developing economies, where the majority of poor people live, to ach...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Koreans define their predicaments in terms of absences. One of the first absences they will lament is that of exportable natural resources, from which stemmed a path of industrialization squarely focused on...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Reda Cherif, Fuad Hasanov, and Alfred Kammer
Will Singapore be around in 100 years? I am not so sure. Whatever the choices are, I am absolutely sure that if Singa...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Malaysia is blessed with quite a few advantages that have enabled it to diversify economic activities and achieve a high quality of life. It has a strategically favorable location in Southeast Asia and enjoy...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Reda Cherif and Fuad Hasanov
The countries of the Cooperation Council for the Arab States of the Gulf (GCC) face a difficult task in refocusing growth models to diversify thei...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
As Reda Cherif and Fuad Hasanov conclude in Chapter 1, petro-states face daunting challenges—really a riddle for policymakers—to assure sustainable and diversified economies. Late-late developers...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Editors
Reda Cherif
is an Economist at the IMF, at the Institute for Capacity Development. He previously worked in the Fiscal Affai...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Natural-resource-rich economies face a peculiar development dichotomy. The natural resource wealth helps increase living standards, both directly and indirectly, in the latter case via the additional governm...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
Tim Callen, Reda Cherif, and Fuad Hasanov
Creativity always comes as a surprise to us; therefore we can never count on it and we dare not believe in it until it h...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
...
Series: Books
Author(s):
Reda Cherif
,
Fuad Hasanov
, and
Min Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2016
ISBN: 9781513537863
This is an edited and abridged version of a conversation between His Excellency Minister Muhammad Al Jasser, then Minister of Economy and Planning of Saudi Arabia, and Min Zhu, IMF Deputy Managi...
Volume/Issue: 2016/12
Series: IMF Working Papers
Author(s):
Tidiane Kinda
,
Montfort Mlachila
, and
Rasmané Ouedraogo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2016
ISBN: 9781498328722
This paper investigates the impact of commodity price shocks on financial sector fragility. Using a large sample of 71 commodity exporters among emerging and developing economies, it shows that negative shocks to c...
Volume/Issue: 2016/12
Series: IMF Working Papers
Author(s):
Tidiane Kinda
,
Montfort Mlachila
, and
Rasmané Ouedraogo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2016
DOI: http://dx.doi.org/10.5089/9781498328722.001
ISBN: 9781498328722
This paper investigates the impact of commodity price shocks on financial sector fragility. Using a large sample of 71 commodity exporters among emerging and developing economies, it shows that negative shocks to c...
Volume/Issue: 2015/259
Series: IMF Working Papers
Author(s):
Kamiar Mohaddes
, and
Mehdi Raissi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
December
2015
DOI: http://dx.doi.org/10.5089/9781513509846.001
ISBN: 9781513509846
This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2...
Volume/Issue: 2015/259
Series: IMF Working Papers
Author(s):
Kamiar Mohaddes
, and
Mehdi Raissi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
December
2015
ISBN: 9781513509846
This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2...
Volume/Issue: 2015/237
Series: IMF Working Papers
Author(s):
Andrew Warner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
November
2015
DOI: http://dx.doi.org/10.5089/9781513507224.001
ISBN: 9781513507224
The global boom in hydrocarbon, metal and mineral prices since the year 2000 created huge economic rents - rents which, once invested, were widely expected to promote productivity growth in other parts of the boomi...
Volume/Issue: 2015/237
Series: IMF Working Papers
Author(s):
Andrew Warner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
November
2015
ISBN: 9781513507224
The global boom in hydrocarbon, metal and mineral prices since the year 2000 created huge economic rents - rents which, once invested, were widely expected to promote productivity growth in other parts of the boomi...
Volume/Issue: 2015/16
Series: Staff Discussion Notes
Author(s):
Mario Mansour
,
Pritha Mitra
,
Carlo Sdralevich
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
September
2015
Language: Arabic
ISBN: 9781513552255
Fairness - and what governments can do about it - is at the forefront of economic and social debate all over the world. In MENA, this has been at the core of recent political transitions but has not been adequately...
Volume/Issue: 2015/16
Series: Staff Discussion Notes
Author(s):
Mario Mansour
,
Pritha Mitra
,
Carlo Sdralevich
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
September
2015
Language: French
ISBN: 9781513555515
La quête d'égalité et d'équité - et ce que peuvent faire les gouvernements pour la satisfaire - est au cœur du débat économique et social dans le monde entier. Dans la région du Moyen-Orient et de l'Afrique du Nord...
Volume/Issue: 2015/16
Series: Staff Discussion Notes
Author(s):
Mario Mansour
,
Pritha Mitra
,
Carlo Sdralevich
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
September
2015
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781513552255.006
ISBN: 9781513552255
Fairness - and what governments can do about it - is at the forefront of economic and social debate all over the world. In MENA, this has been at the core of recent political transitions but has not been adequately...
Volume/Issue: 2015/16
Series: Staff Discussion Notes
Author(s):
Mario Mansour
,
Pritha Mitra
,
Carlo Sdralevich
, and
Andrew Jewell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
September
2015
Language: French
DOI: http://dx.doi.org/10.5089/9781513555515.006
ISBN: 9781513555515
La quête d'égalité et d'équité - et ce que peuvent faire les gouvernements pour la satisfaire - est au cœur du débat économique et social dans le monde entier. Dans la région du Moyen-Orient et de l'Afrique du Nord...
Volume/Issue: 2015/171
Series: IMF Working Papers
Author(s):
Bill Battaile
, and
Saurabh Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
July
2015
DOI: http://dx.doi.org/10.5089/9781513573571.001
ISBN: 9781513573571
This paper provides an empirical benchmarking of growth, productivity and export patterns for developing NREs against other low and middle income developing countries, to inform policy discussions and future analyt...
Volume/Issue: 2015/171
Series: IMF Working Papers
Author(s):
Bill Battaile
, and
Saurabh Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
July
2015
ISBN: 9781513573571
This paper provides an empirical benchmarking of growth, productivity and export patterns for developing NREs against other low and middle income developing countries, to inform policy discussions and future analyt...
Volume/Issue: 2015/98
Series: IMF Working Papers
Author(s):
Mario Mansour
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
May
2015
DOI: http://dx.doi.org/10.5089/9781484364789.001
ISBN: 9781484364789
This paper reviews trends in taxation and revenue in MENA countries over 1990-2012, with a focus on non-resource taxes. On average, non-resource revenues declined slightly, while resource revenues soared. Country e...
Volume/Issue: 2015/98
Series: IMF Working Papers
Author(s):
Mario Mansour
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
May
2015
ISBN: 9781484364789
This paper reviews trends in taxation and revenue in MENA countries over 1990-2012, with a focus on non-resource taxes. On average, non-resource revenues declined slightly, while resource revenues soared. Country e...
Volume/Issue: 2015/81
Series: IMF Working Papers
Author(s):
Patrick Imam
, and
Kangni Kpodar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
April
2015
DOI: http://dx.doi.org/10.5089/9781475569285.001
ISBN: 9781475569285
The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to eco...
Volume/Issue: 2015/81
Series: IMF Working Papers
Author(s):
Patrick Imam
, and
Kangni Kpodar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
April
2015
ISBN: 9781475569285
The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to eco...
Volume: 15
Series: Technical Notes and Manuals
Author(s):
Martin Cerisola
,
Chadi Abdallah
,
Victor Davies
, and
Mark Fischer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
March
2015
ISBN: 9781498383905
This note is a reference guide to the econometric work on fiscal multipliers for MENAP countries. Spending and tax multipliers are estimated from conventional VAR models and identified using a sign-restrictions app...
Volume: 15
Series: Technical Notes and Manuals
Author(s):
Martin Cerisola
,
Chadi Abdallah
,
Victor Davies
, and
Mark Fischer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
March
2015
DOI: http://dx.doi.org/10.5089/9781498383905.005
ISBN: 9781498383905
This note is a reference guide to the econometric work on fiscal multipliers for MENAP countries. Spending and tax multipliers are estimated from conventional VAR models and identified using a sign-restrictions app...
Volume/Issue: 2015/62
Series: IMF Working Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Abajyan
, and
Mark Fischer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2015
ISBN: 9781475545364
The Middle East and Central Asia's economic growth potential is slowing faster than in other emerging and developing regions, dampening hopes for reducing persistent unemployment and improving the region's genera...
Volume/Issue: 2015/62
Series: IMF Working Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Abajyan
, and
Mark Fischer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2015
DOI: http://dx.doi.org/10.5089/9781475545364.001
ISBN: 9781475545364
The Middle East and Central Asia's economic growth potential is slowing faster than in other emerging and developing regions, dampening hopes for reducing persistent unemployment and improving the region's genera...
