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):
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: 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: 2017/003
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2017
DOI: http://dx.doi.org/10.5089/9781498347075.007
ISBN: 9781498347075
(CD), including technical assistance (TA) and training, is one of the three core pillars of the Fund's work. Its main objective is to help member countries build institutions and capacity necessary to formulate and...
Volume/Issue: 2017/003
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2017
ISBN: 9781498347075
(CD), including technical assistance (TA) and training, is one of the three core pillars of the Fund's work. Its main objective is to help member countries build institutions and capacity necessary to formulate and...
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....
Volume: 16
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
DOI: http://dx.doi.org/10.5089/9781513572710.087
ISBN: 9781513572710
Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
Well-targeted policies can boost the Middle East and Central Asia’s declining long-term economic growth prospects, lifting the region out of the “new mediocre.” In the midst of intensifying regional conflict...
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
Raising growth potential requires combinations of reforms that can affect the factors discussed in Chapter 2 and, naturally, reform priorities vary across countries. Most reform areas are heavily discussed i...
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
The above supply-side drivers of growth have long been examined,
6
but what are the underlying determinants of these drivers? For example, technological progress can raise product...
Series: Departmental Papers / Policy Papers
Author(s):
Pritha Mitra
,
Amr Hosny
,
Gohar Minasyan
,
Mark Fischer
, and
Gohar Abajyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2016
ISBN: 9781513572710
Underlying long-term growth is potential growth—the rate of growth of the level of output consistent with stable inflation,
2
which is fundamental to job creation and living stand...
Volume/Issue: 2016/36
Series: IMF Working Papers
Author(s):
Elva Bova
,
Paulo Medas
, and
Tigran Poghosyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
February
2016
DOI: http://dx.doi.org/10.5089/9781475596465.001
ISBN: 9781475596465
Resource-rich countries face large and persistent shocks, especially coming from volatile commodity prices. Given the severity of the shocks, it would be expected that these countries adopt countercyclical fiscal p...
Volume/Issue: 2016/36
Series: IMF Working Papers
Author(s):
Elva Bova
,
Paulo Medas
, and
Tigran Poghosyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
February
2016
ISBN: 9781475596465
Resource-rich countries face large and persistent shocks, especially coming from volatile commodity prices. Given the severity of the shocks, it would be expected that these countries adopt countercyclical fiscal p...
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
ISBN: 9781513563565
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: 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: 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
DOI: http://dx.doi.org/10.5089/9781513563565.006
ISBN: 9781513563565
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: 2015/15
Series: Staff Discussion Notes
Author(s):
Aasim Husain
,
Rabah Arezki
,
Peter Breuer
,
Vikram Haksar
,
Thomas Helbling
,
Paulo Medas
, and
Martin Sommer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2015
ISBN: 9781513532417
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...
Volume/Issue: 2015/15
Series: Staff Discussion Notes
Author(s):
Aasim Husain
,
Rabah Arezki
,
Peter Breuer
,
Vikram Haksar
,
Thomas Helbling
,
Paulo Medas
, and
Martin Sommer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2015
DOI: http://dx.doi.org/10.5089/9781513532417.006
ISBN: 9781513532417
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...
Volume/Issue: 2015/136
Series: IMF Working Papers
Author(s):
Bernard Laurens
,
Kelly Eckhold
,
Darryl King
,
Nils Mæhle
,
Abdul Naseer
, and
Alain Durré
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
June
2015
DOI: http://dx.doi.org/10.5089/9781513567990.001
ISBN: 9781513567990
Countries with evolving monetary regimes that decide to embark on 'the Journey to
inflation targeting' may not be able to adopt a full-fledged inflation targeting regime
immediately. Those countries would be better...
Volume/Issue: 2015/136
Series: IMF Working Papers
Author(s):
Bernard Laurens
,
Kelly Eckhold
,
Darryl King
,
Nils Mæhle
,
Abdul Naseer
, and
Alain Durré
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
June
2015
ISBN: 9781513567990
Countries with evolving monetary regimes that decide to embark on 'the Journey to
inflation targeting' may not be able to adopt a full-fledged inflation targeting regime
immediately. Those countries would be better...
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: 2015/63
Series: IMF Working Papers
Author(s):
Serhan Cevik
,
Richard Harris
, and
Fatih Yilmaz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2015
DOI: http://dx.doi.org/10.5089/9781475530520.001
ISBN: 9781475530520
Standard models-based exclusively on macro-financial variables-have made little progress in explaining the behavior of exchange rates. In this paper, we introduce a neglected set of 'soft power' factors capturing...
Volume/Issue: 2015/63
Series: IMF Working Papers
Author(s):
Serhan Cevik
,
Richard Harris
, and
Fatih Yilmaz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2015
ISBN: 9781475530520
Standard models-based exclusively on macro-financial variables-have made little progress in explaining the behavior of exchange rates. In this paper, we introduce a neglected set of 'soft power' factors capturing...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Economic growth potential in the Middle East and Central Asia is slowing faster than in other emerging market and developing regions, dampening hopes of reducing persistent unemp...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Infrastructure investment is an important precondition for economic growth. The GCC countries already invest massively in infrastructure, but non-GCC oil exporters and MENA oil i...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
The growth of small and medium-sized enterprises (SMEs) is critical to raising and diversifying economic growth and generating employment in the MENAP and CCA regions. However, d...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Poverty rates and income inequality have declined in the MENAP and CCA regions over the past two decades. The size of the middle class has remained significant in both regions bu...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Economic cooperation and integration, within the CCA and with other regions, can help CCA countries leverage their comparative advantages, gain access to larger and faster growing markets, and r...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Population, millions (2013)
GDP per capita, U.S. dollars (2013)
Sources: IMF, Regional Economic Outlook database; and Microso...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Economic growth in the Caucasus and Central Asia (CCA) is expected to decline from 6.6 percent in 2013 to about 5.5 percent in 2014–15. The forecast is ¾ percentage point weaker...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and source of remit...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Intensified conflicts in Iraq and Libya have led to a downward revision in the 2014 growth projections for the MENAP oil exporters by ¾ of a percentage point compared with the Ma...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Continued sociopolitical and security tensions, high public debt, and deep-rooted structural impediments continue to dampen the economic impetus provided by improvements in the external environm...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primari...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Population, millions (2013)
GDP per capita, U.S. dollars (2013)...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
La situation économique de la région MOANAP (Moyen-Orient, Afrique du Nord, Afghanistan et Pakistan) a continué d’évoluer au gré des diversités régionales. La plupart des pays exportateurs de pétrole à reven...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
DOI: http://dx.doi.org/10.5089/9781498343732.086
ISBN: 9781498343732
This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income o...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income o...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income o...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
This publication features an abbreviated version of the Statistical Appendix. The full Statistical Appendix is available online at www.imf.org/external/pubs/ft/reo/2014/mcd/eng/pdf/mreost1014.xlsx....
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498343732
Despite setbacks, an uneven global economic recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downw...
Volume/Issue: 2014/135
Series: IMF Working Papers
Author(s):
Shahid Yusuf
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
July
2014
DOI: http://dx.doi.org/10.5089/9781498359122.001
ISBN: 9781498359122
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particul...
Volume/Issue: 2014/135
Series: IMF Working Papers
Author(s):
Shahid Yusuf
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
July
2014
ISBN: 9781498359122
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particul...
Volume/Issue: 2014/86
Series: IMF Working Papers
Author(s):
Simon Gray
,
Philippe Karam
, and
Rima Turk Ariss
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
May
2014
ISBN: 9781484386460
We investigate whether low loan-to-deposit (LTD) ratios and high levels of reserve balances at the central bank (or holdings of government securities) are a reflection of policy-driven factors compared to commonly...
Volume/Issue: 2014/86
Series: IMF Working Papers
Author(s):
Simon Gray
,
Philippe Karam
, and
Rima Turk Ariss
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
May
2014
DOI: http://dx.doi.org/10.5089/9781484386460.001
ISBN: 9781484386460
We investigate whether low loan-to-deposit (LTD) ratios and high levels of reserve balances at the central bank (or holdings of government securities) are a reflection of policy-driven factors compared to commonly...
Volume: 14
Series: Departmental Papers / Policy Papers
Author(s):
Harald Finger
, and
Daniela Gressani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
May
2014
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781484351826.087
ISBN: 9781484351826
The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition,...
Volume: 14
Series: Departmental Papers / Policy Papers
Author(s):
Harald Finger
, and
Daniela Gressani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
May
2014
Language: Arabic
ISBN: 9781484351826
The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition,...
Volume/Issue: 2013/244
Series: IMF Working Papers
Author(s):
Ricardo Fenochietto
, and
Carola Pessino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
December
2013
DOI: http://dx.doi.org/10.5089/9781484301272.001
ISBN: 9781484301272
This paper presents a model to determine the tax effort and tax capacity of 113 countries and the main variables on which they depend. The results and the model allow a clear determination of which countries are ne...
Volume/Issue: 2013/244
Series: IMF Working Papers
Author(s):
Ricardo Fenochietto
, and
Carola Pessino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
December
2013
ISBN: 9781484301272
This paper presents a model to determine the tax effort and tax capacity of 113 countries and the main variables on which they depend. The results and the model allow a clear determination of which countries are ne...
Volume/Issue: 2013/083
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
October
2013
ISBN: 9781498341691
In March 2009 the Fund established a new Framework Administered Account to administer external financial resources for Selected Fund Activities (the 'SFA Instrument'). The financing of activities under the terms of...
Volume/Issue: 2013/083
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
October
2013
DOI: http://dx.doi.org/10.5089/9781498341691.007
ISBN: 9781498341691
In March 2009 the Fund established a new Framework Administered Account to administer external financial resources for Selected Fund Activities (the 'SFA Instrument'). The financing of activities under the terms of...
Volume/Issue: 2013/050
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2013
ISBN: 9781498341684
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument'). The financing of activities under the terms o...
Volume/Issue: 2013/051
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2013
ISBN: 9781498341677
In March 2009, the Fund adopted the Instrument to establish a new Framework Administered Account to administer external financial resources for Selected Fund Activities (the 'SFA Instrument').1 The financing of act...
Volume/Issue: 2013/050
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2013
DOI: http://dx.doi.org/10.5089/9781498341684.007
ISBN: 9781498341684
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument'). The financing of activities under the terms o...
Volume/Issue: 2013/051
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
June
2013
DOI: http://dx.doi.org/10.5089/9781498341677.007
ISBN: 9781498341677
In March 2009, the Fund adopted the Instrument to establish a new Framework Administered Account to administer external financial resources for Selected Fund Activities (the 'SFA Instrument').1 The financing of act...
Volume/Issue: 2013/150
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
ISBN: 9781484399026
The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but...
Volume/Issue: 2013/150
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
DOI: http://dx.doi.org/10.5089/9781484399026.002
ISBN: 9781484399026
The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but...
Volume/Issue: 2013/151
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
DOI: http://dx.doi.org/10.5089/9781484387399.002
ISBN: 9781484387399
The cost of energy subsidies is large, and reduces the fiscal space available for public expenditure priorities, including education, health, and infrastructure. Libya's ample hydrocarbon wealth will allow it to re...
Volume/Issue: 2013/150
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
ISBN: 9781484399026
The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but...
Volume/Issue: 2013/151
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
ISBN: 9781484387399
The cost of energy subsidies is large, and reduces the fiscal space available for public expenditure priorities, including education, health, and infrastructure. Libya's ample hydrocarbon wealth will allow it to re...
Volume/Issue: 2013/150
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
ISBN: 9781484399026
The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but...
Volume/Issue: 2013/150
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
May
2013
ISBN: 9781484399026
The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but...
Volume/Issue: 2013/92
Series: IMF Working Papers
Author(s):
Serhan Cevik
, and
Mohammad Rahmati
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2013
DOI: http://dx.doi.org/10.5089/9781484385883.001
ISBN: 9781484385883
This paper investigates the causal relationship between financial development and economic growth in Libya during the period 1970-2010. The empirical results vary with estimation methodology and model specification...
Volume/Issue: 2013/92
Series: IMF Working Papers
Author(s):
Serhan Cevik
, and
Mohammad Rahmati
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2013
ISBN: 9781484385883
This paper investigates the causal relationship between financial development and economic growth in Libya during the period 1970-2010. The empirical results vary with estimation methodology and model specification...
Volume/Issue: 2013/91
Series: IMF Working Papers
Author(s):
Lorenzo E. Bernal-Verdugo
,
Davide Furceri
, and
Dominique Guillaume
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
April
2013
ISBN: 9781484381687
The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts h...
Volume/Issue: 2013/91
Series: IMF Working Papers
Author(s):
Lorenzo E. Bernal-Verdugo
,
Davide Furceri
, and
Dominique Guillaume
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
April
2013
DOI: http://dx.doi.org/10.5089/9781484381687.001
ISBN: 9781484381687
The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts h...
Volume/Issue: 2013/79
Series: IMF Working Papers
Author(s):
Carlos Caceres
,
Serhan Cevik
,
Ricardo Fenochietto
, and
Borja Gracia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
March
2013
ISBN: 9781484389812
Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...
Volume/Issue: 2013/78
Series: IMF Working Papers
Author(s):
Serhan Cevik
, and
Katerina Teksoz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
March
2013
ISBN: 9781484353042
This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964-2010, using cointegration and error correction models. While inflation inertia is found to be a key determinant of...
Volume/Issue: 2013/78
Series: IMF Working Papers
Author(s):
Serhan Cevik
, and
Katerina Teksoz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
March
2013
DOI: http://dx.doi.org/10.5089/9781484353042.001
ISBN: 9781484353042
This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964-2010, using cointegration and error correction models. While inflation inertia is found to be a key determinant of...
Volume/Issue: 2013/79
Series: IMF Working Papers
Author(s):
Carlos Caceres
,
Serhan Cevik
,
Ricardo Fenochietto
, and
Borja Gracia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
March
2013
DOI: http://dx.doi.org/10.5089/9781484389812.001
ISBN: 9781484389812
Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...
Volume/Issue: 2013/69
Series: IMF Working Papers
Author(s):
Padamja Khandelwal
, and
Agustin Roitman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
March
2013
ISBN: 9781475569643
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to deriv...
Volume/Issue: 2013/69
Series: IMF Working Papers
Author(s):
Padamja Khandelwal
, and
Agustin Roitman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
March
2013
DOI: http://dx.doi.org/10.5089/9781475569643.001
ISBN: 9781475569643
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to deriv...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
DOI: http://dx.doi.org/10.5089/9781475542684.022
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...
Volume/Issue: 50/1
Series: Finance & Development
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
February
2013
ISBN: 9781475542684
Two years ago, citizens in the Arab world-fired by their ideals and visions of a better life-ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen-the...