Volume/Issue: 2016/98
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
April
2016
DOI: http://dx.doi.org/10.5089/9781475550009.002
ISBN: 9781475550009
This paper presents stylized facts on the quantitative and qualitative infrastructure gap in the West African Economic and Monetary Union (WAEMU), estimates the efficiency of public investment, and recommends how t...
Volume/Issue: 2014/19
Series: IMF Working Papers
Author(s):
Francesco Grigoli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
January
2014
DOI: http://dx.doi.org/10.5089/9781484398241.001
ISBN: 9781484398241
The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has proven challenging. This paper seeks to overcome the difficulties of earlier studies by using a hybr...
Series: Books
Author(s):
Benedict Clements
,
David Coady
,
Stefania Fabrizio
,
Sanjeev Gupta
,
Trevor Alleyne
, and
Carlo Sdralevich
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
September
2013
DOI: http://dx.doi.org/10.5089/9781475558111.071
ISBN: 9781475558111
Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book prov...
Volume/Issue: 2013/73
Series: IMF Working Papers
Author(s):
Joong Kang
,
Alessandro Prati
, and
Alessandro Rebucci
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2013
DOI: http://dx.doi.org/10.5089/9781484320112.001
ISBN: 9781484320112
We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports, imports, and per capita GDP growth to a “global” aid shock. We find that a global ai...
Volume/Issue: 2013/71
Series: IMF Working Papers
Author(s):
Shekhar Aiyar
,
Romain Duval
,
Damien Puy
,
Yiqun Wu
, and
Longmei Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
March
2013
DOI: http://dx.doi.org/10.5089/9781484330647.001
ISBN: 9781484330647
The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we ex...
Volume/Issue: 2012/297
Series: IMF Working Papers
Author(s):
Alberto Behar
, and
Benjamin D. Nelson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
December
2012
DOI: http://dx.doi.org/10.5089/9781475574081.001
ISBN: 9781475574081
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of export...
Volume/Issue: 2012/116
Series: IMF Working Papers
Author(s):
Anna Kochanova
, and
Carlos Caceres
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2012
DOI: http://dx.doi.org/10.5089/9781475503456.001
ISBN: 9781475503456
This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduce...
Volume/Issue: 2012/87
Series: IMF Working Papers
Author(s):
Marc Quintyn
, and
Sophia Gollwitzer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
DOI: http://dx.doi.org/10.5089/9781475502510.001
ISBN: 9781475502510
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: (i) th...
Volume/Issue: 2009/33
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
January
2009
DOI: http://dx.doi.org/10.5089/9781451807912.002
ISBN: 9781451807912
This paper discusses Côte d'Ivoire's preliminary assessment of eligibility for assistance under the Enhanced Heavily Indebted Poor Countries Initiative. The March 2007 Ouagadougou Political Accord provides a roadma...
Volume/Issue: 2008/14
Series: IMF Working Papers
Author(s):
Yi Wu
, and
Li Zeng
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2008
DOI: http://dx.doi.org/10.5089/9781451868760.001
ISBN: 9781451868760
Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade liberalization on imports, exports, and overall trade balance for a large sample of developing countr...
Series: EXR Pamphlets
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
November
2004
DOI: http://dx.doi.org/10.5089/9781589063419.052
ISBN: 9781589063419
The past century has been marked by rapid advances in human welfare. People in most parts of the world are healthier and are living longer. While this trend is likely to continue, hopes are fading in some regions w...
Volume/Issue: 2002/11
Series: IMF Policy Discussion Papers
Author(s):
Gabriela Inchauste
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2002
DOI: http://dx.doi.org/10.5089/9781451969856.003
ISBN: 9781451969856
This paper aims to inform on the status of Poverty and Social Impact Analysis (PSIA) in IMF-supported programs, detailing the results presented in the recent review of PRGF-supported programs. The review showed tha...
Volume/Issue: 2002/223
Series: IMF Working Papers
Author(s):
Ratna Sahay
,
Luis Céspedes
, and
Paul Cashin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2002
DOI: http://dx.doi.org/10.5089/9781451875300.001
ISBN: 9781451875300
This paper examines whether the real exchange rates of commodity-exporting countries and the real prices of their commodity exports move together over time. Using IMF data on the world prices of 44 commodities and...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
November
2002
DOI: http://dx.doi.org/10.5089/9781589061842.044
ISBN: 9781589061842
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Volume/Issue: 2002/112
Series: IMF Working Papers
Author(s):
Timothy Lane
, and
Ales Bulir
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2002
DOI: http://dx.doi.org/10.5089/9781451853612.001
ISBN: 9781451853612
This paper focuses on the macroeconomic aspects of fiscal management in aid-receiving countries. Despite the declining share of aid in budgets of donor countries, aid continues to play an important role in many dev...
Volume/Issue: 2001/75
Series: IMF Working Papers
Author(s):
Benedict Bingham
,
James Daniel
, and
Giulio Federico
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2001
DOI: http://dx.doi.org/10.5089/9781451849738.001
ISBN: 9781451849738
This paper examines the case for government-led smoothing of domestic petroleum prices in the face of volatile international prices. Governments in most developing and transition countries engage in petroleum price...
Series: Annual Report of the Executive Board
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
September
2000
DOI: http://dx.doi.org/10.5089/9781557758439.011
ISBN: 9781557758439
The Annual Report 2000 to the Board of Governors reviews the IMF's activities, policies, and financial position during the financial year (May 1, 1999 through April 30, 2000), as well as developments in the world e...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
September
2000
DOI: http://dx.doi.org/10.5089/9781451958621.041
ISBN: 9781451958621
The International Financial Statistics Yearbook, usually published in September, contains available annual data covering 12 years for countries appearing in the monthly issues of IFS. The IFS service is the standar...
Series: Other Statistical Electronic Products
Author(s):
Michel Camdessus
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
March
2000
DOI: http://dx.doi.org/10.5089/9781557758903.038
ISBN: 9781557758903
During his tenure as Managing Director of the IMF, and in his interactions with civil society, Michel Camdessus was asked many questions related to the IMF's role in development. This pamphlet collects questions fr...
Volume/Issue: 29/15
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2000
DOI: http://dx.doi.org/10.5089/9781451929744.023
ISBN: 9781451929744
The leaders of the Group of Seven and Group of Eight countries held summit meetings in Okinawa, Japan, on July 21–23. Two statements were issued at the meetings: the first, on July 21, by the leaders of the...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
1999
DOI: http://dx.doi.org/10.5089/9781557758187.044
ISBN: 9781557758187
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Series: Other Statistical Electronic Products
Author(s):
Ved Gandhi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
July
1998
DOI: http://dx.doi.org/10.5089/9781557757371.038
ISBN: 9781557757371
In recent years, observers have called on the IMF to pay closer attention to certain issues that do not fall directly within its mandate, such as the environment. This booklet reviews IMF's approach to environmenta...
Series: Economic Issues
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
May
1998
DOI: http://dx.doi.org/10.5089/9781557757395.051
ISBN: 9781557757395
Systemic bank restructing aims to improve bank performance - that is, restore solvency and profitability, improve the banking system's capacity to provide financial intermediation between savers and borrowers, and...
Volume/Issue: 1995/70
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
1995
DOI: http://dx.doi.org/10.5089/9781451849110.001
ISBN: 9781451849110
We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and 21 OECD countries from 1972–992, by estimating equations suggested by an efficiency wage...
Volume: 41
Series: IMF Staff Papers
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1994
DOI: http://dx.doi.org/10.5089/9781451947168.024
ISBN: 9781451947168
Primary commodities still account for the bulk of exports in many developing countries. However, real commodity prices have been declining almost continuously since the early 1980s. The appropriate policy response...
Series: Occasional Papers
Author(s):
F. Rozwadowski
,
Siddharth Tiwari
,
David Robinson
, and
Susan Schadler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
June
1993
DOI: http://dx.doi.org/10.5089/9781557753366.084
ISBN: 9781557753366
This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that enter...
Series: Other Statistical Electronic Products
Author(s):
Joslin Landell-Mills
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
September
1992
DOI: http://dx.doi.org/10.5089/9781557750211.038
ISBN: 9781557750211
This paper discusses the IMF's New Facilities for Structural Adjustment (SAF) for helping the poor. The first arrangement supported by the SAF was approved by the IMF's Executive Board in August 1986. By the end of...
Volume/Issue: 1991/54
Series: IMF Working Papers
Author(s):
Daniel Hewitt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
1991
DOI: http://dx.doi.org/10.5089/9781451847420.001
ISBN: 9781451847420
This paper analyzes trends in world military expenditure by examining the shares of different country groups and the ratio to GDP of individual nations. The coverage is military expenditures in 125 countries from 1...
Volume/Issue: 1988/108
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
December
1988
DOI: http://dx.doi.org/10.5089/9781451946284.001
ISBN: 9781451946284
Purchases under the compensatory financing facility, the IMF’s largest special facility, accounted for more than one quarter of total credit extended by the IMF over the period 1976 to 1985. Given the size o...
Volume/Issue: 16/4
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1979
DOI: http://dx.doi.org/10.5089/9781616353391.022
ISBN: 9781616353391
This paper highlights that the fight against worldwide inflation was the main theme of the Finance Ministers and central bank Governors from 138 member countries that participated in the 1979 Annual Meeting of the...
