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Chapter 8 Are Tax Treaties Worth It for Developing Economies?

New
Chapter 8 Are Tax Treaties Worth It for Developing Economies? »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction The complex interaction—and possible overlap—between different tax jurisdictions justifies coordination efforts to avoid double taxation, which can harm international tr...

Chapter 13. Destination-Based Taxation: A Promising but Risky Destination

New
Chapter 13. Destination-Based Taxation: A Promising but Risky Destination »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Country-specific origin-based profit taxes are marked by profit shifting and tax competition (see Chapter 6). Incentives for profit shifting can be mitigated, but not el...

Chapter 5 Difficulties in Determining and Enforcing Source-Based Taxes

New
Chapter 5 Difficulties in Determining and Enforcing Source-Based Taxes »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction At the heart of the current international tax architecture, which grants primary taxing rights to source countries, is the need to determine how much profit each country...

Chapter 14. Formulary Apportionment in Theory and Practice

New
Chapter 14. Formulary Apportionment in Theory and Practice »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction The current international tax system, which is based on separate accounting for corporate affiliates trading at arm’s length prices, is increasingly viewed as prone to a...

Chapter 4 Global Firms, National Corporate Taxes: An Evolution of Incompatibility

New
Chapter 4 Global Firms, National Corporate Taxes: An Evolution of Incompatibility »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

How did the rise of multinational enterprises put pressure on the prevailing international corporate tax framework? Multinational enterprises, and firms with market power, are not new phenomena, nor is the c...

Chapter 6 Has Tax Competition Become Less Harmful?

New
Chapter 6 Has Tax Competition Become Less Harmful? »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Countries compete over productive capital and paper profits. Taxation has been one important element in the set of policy instruments regarding competition....

Chapter 1 Introduction

New
Chapter 1 Introduction »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

In recent years, newspaper headlines have featured terms such as “digital service taxes,” “paradise papers,” and “tax wars,” all referring to various issues in international taxation. These and related topic...

Chapter 7 Residence-Based Taxation: A History and Current Issues

New
Chapter 7 Residence-Based Taxation: A History and Current Issues »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction As discussed in previous chapters, source-based taxation faces many difficulties: it is increasingly difficult—conceptually and practically—to allocate profits to where...

Chapter 12. Residence-Based Taxation: Is There a Way Forward?

New
Chapter 12. Residence-Based Taxation: Is There a Way Forward? »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction The world is in a state of fairly deep confusion regarding whether the international tax system is to be moved toward or away from residence-based corporate taxation. Ch...

Chapter 15. Resource-Rich Developing Countries and International Tax Reforms

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Chapter 15. Resource-Rich Developing Countries and International Tax Reforms »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Resource-rich countries can collect revenues from natural resources to support economic development and structural transformation, although often the revenue potential i...

Chapter 11. Strengthening Source-Based Taxation

New
Chapter 11. Strengthening Source-Based Taxation »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Source-based taxation lies at the heart of the current international tax architecture (see Chapter 3), and its importance has further risen with the abolition of worldwi...

Chapter 10 Taxing the Digital Economy

New
Chapter 10 Taxing the Digital Economy »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Technology is being harnessed to redefine traditional business models and provide new ways for buyers and sellers to interact both locally and globally. The result has b...

Chapter 3 The Current International Tax Architecture: A Short Primer

New
Chapter 3 The Current International Tax Architecture: A Short Primer »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction When a business activity crosses national borders, the question arises as to where the profits resulting from that activity should be taxed. In principle, there are at l...

Chapter 16. The Evolution of Tax Law Design within an Increasingly Destabilized International Tax Law Framework

New
Chapter 16. The Evolution of Tax Law Design within an Increasingly Destabilized International Tax Law Framework »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction This chapter brings a legal perspective to the pressures in the international corporate tax system that have been discussed in other chapters largely from an economic po...

Chapter 9 The Impact of Profit Shifting on Economic Activity and Tax Competition

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Chapter 9 The Impact of Profit Shifting on Economic Activity and Tax Competition »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction Multinational corporations can often reduce their global tax liabilities through profit-shifting activities (Chapter 5). Typical examples include transfer price manipula...

Chapter 2 Why and How to Tax Corporate Income

New
Chapter 2 Why and How to Tax Corporate Income »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

Introduction The question whether countries should tax corporations on their income is an old one, yet it has never been more topical than it is today. Tax competition is driving dow...

Corporate Income Taxes under Pressure
			: Why Reform Is Needed and How It Could Be Designed

New
Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed »

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

DOI: http://dx.doi.org/10.5089/9781513511771.071

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...

Back Matter

New
Back Matter »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...

Front Matter

New
Front Matter »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...

Part I Introduction and Background

New
Part I Introduction and Background »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

...

Part III Potential Solutions

New
Part III Potential Solutions »

Source: Corporate Income Taxes under Pressure : Why Reform Is Needed and How It Could Be Designed

Series: Books

Author(s): Ruud A. Mooij , Alexander Klemm , and Victoria Perry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2021

ISBN: 9781513511771

Keywords: Tax competition, Tax avoidance, International cooperation, Tax reforms, Multinational corporations, Profit shifting, tax competition, tax avoidance, international cooperation, tax reform

...

IMF Executive Board Concludes 2020 Article IV Consultation with Iraq

New
IMF Executive Board Concludes 2020 Article IV Consultation with Iraq »

Source: Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

Volume/Issue: 2021/038

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

ISBN: 9781513568904

Keywords: Public debt, Expenditure, Fiscal policy, Fiscal stance, Revenue administration, ISCR, CR, Iraqi dinar, face challenge, debt stock

Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...

Iraq
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

New
Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq »

Volume/Issue: 2021/038

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

DOI: http://dx.doi.org/10.5089/9781513568904.002

ISBN: 9781513568904

Keywords: Public debt, Expenditure, Fiscal policy, Fiscal stance, Revenue administration, ISCR, CR, Iraqi dinar, face challenge, debt stock

Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...

Iraq: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Iraq

New
Iraq: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Iraq »

Source: Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

Volume/Issue: 2021/038

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

ISBN: 9781513568904

Keywords: Public debt, Expenditure, Fiscal policy, Fiscal stance, Revenue administration, ISCR, CR, Iraqi dinar, face challenge, debt stock

Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...

Iraq: Staff Report for the 2020 Article IV Consultation—Informational Annex

New
Iraq: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

Volume/Issue: 2021/038

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

ISBN: 9781513568904

Keywords: Public debt, Expenditure, Fiscal policy, Fiscal stance, Revenue administration, ISCR, CR, Iraqi dinar, face challenge, debt stock

Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...

Statement by Mahmoud Mohieldin, Executive Director for Iraq, Ali Alhosani, Alternate Executive Director for Iraq, and Maya Choueiri, Senior Advisor for Iraq February 8, 2021

New
Statement by Mahmoud Mohieldin, Executive Director for Iraq, Ali Alhosani, Alternate Executive Director for Iraq, and Maya Choueiri, Senior Advisor for Iraq February 8, 2021 »

Source: Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

Volume/Issue: 2021/038

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

ISBN: 9781513568904

Keywords: Public debt, Expenditure, Fiscal policy, Fiscal stance, Revenue administration, ISCR, CR, Iraqi dinar, face challenge, debt stock

Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...

IMF Executive Board Concludes 2020 Article IV Consultation with Nigeria

New
IMF Executive Board Concludes 2020 Article IV Consultation with Nigeria »

Source: Nigeria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

Volume/Issue: 2021/033

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568423

Keywords: Foreign exchange, COVID-19 , Exchange rates, Oil prices, Inflation, ISCR, CR, food inflation, youth unemployment, IMF TA mission

The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...

Nigeria
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

New
Nigeria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria »

Volume/Issue: 2021/033

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

DOI: http://dx.doi.org/10.5089/9781513568423.002

ISBN: 9781513568423

Keywords: Foreign exchange, COVID-19 , Exchange rates, Oil prices, Inflation, ISCR, CR, food inflation, youth unemployment, IMF TA mission

The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...

Nigeria
			: Selected Issues

New
Nigeria : Selected Issues »

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

DOI: http://dx.doi.org/10.5089/9781513568461.002

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

New
Nigeria: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria »

Source: Nigeria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

Volume/Issue: 2021/033

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568423

Keywords: Foreign exchange, COVID-19 , Exchange rates, Oil prices, Inflation, ISCR, CR, food inflation, youth unemployment, IMF TA mission

The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...

Nigeria: Selected Issues

New
Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

New
Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

New
Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

New
Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Staff Report for the 2020 Article IV Consultation—Informational Annex

New
Nigeria: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Nigeria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

Volume/Issue: 2021/033

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568423

Keywords: Foreign exchange, COVID-19 , Exchange rates, Oil prices, Inflation, ISCR, CR, food inflation, youth unemployment, IMF TA mission

The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...

Statement by Mr. Odonye, Mr. Ekeocha, and Mr. Garang on Nigeria Executive Board Meeting January 27, 2021

New
Statement by Mr. Odonye, Mr. Ekeocha, and Mr. Garang on Nigeria Executive Board Meeting January 27, 2021 »

Source: Nigeria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Nigeria

Volume/Issue: 2021/033

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568423

Keywords: Foreign exchange, COVID-19 , Exchange rates, Oil prices, Inflation, ISCR, CR, food inflation, youth unemployment, IMF TA mission

The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...

Iraq
			: Technical Assistance Report-Guarantees and Extra Budgetary Funds Management

New
Iraq : Technical Assistance Report-Guarantees and Extra Budgetary Funds Management »

Volume/Issue: 2021/032

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2021

DOI: http://dx.doi.org/10.5089/9781513568362.002

ISBN: 9781513568362

Keywords: Government debt management, Budget planning and preparation, Fiscal risks, Government liabilities, Fiscal law, ISCR, CR, guarantee registry, policy framework, guarantee contract

Iraq is substantially exposed to fiscal risks related to guarantees issued by the State, with a stock of guarantees related to foreign currency service payments and debt of USD 21.7 billion at end-June 2017 and a s...

Iraq

New
Iraq »

Source: Iraq : Technical Assistance Report-Guarantees and Extra Budgetary Funds Management

Volume/Issue: 2021/032

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2021

ISBN: 9781513568362

Keywords: Government debt management, Budget planning and preparation, Fiscal risks, Government liabilities, Fiscal law, ISCR, CR, guarantee registry, policy framework, guarantee contract

Iraq is substantially exposed to fiscal risks related to guarantees issued by the State, with a stock of guarantees related to foreign currency service payments and debt of USD 21.7 billion at end-June 2017 and a s...

Bulgaria: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

New
Bulgaria: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Bulgaria »

Source: Bulgaria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

Volume/Issue: 2021/027

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2021

ISBN: 9781513568119

Keywords: COVID-19 , Expenditure, Income, Loans, Income inequality, ISCR, CR, policy priority, authorities' policy response, Bulgarian authorities

The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjust...

Bulgaria: Staff Report for the 2020 Article IV Consultation—Informational Annex

New
Bulgaria: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Bulgaria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

Volume/Issue: 2021/027

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2021

ISBN: 9781513568119

Keywords: COVID-19 , Expenditure, Income, Loans, Income inequality, ISCR, CR, policy priority, authorities' policy response, Bulgarian authorities

The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjust...

IMF Executive Board Concludes 2020 Article IV Consultation with Bulgaria

New
IMF Executive Board Concludes 2020 Article IV Consultation with Bulgaria »

Source: Bulgaria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

Volume/Issue: 2021/027

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2021

ISBN: 9781513568119

Keywords: COVID-19 , Expenditure, Income, Loans, Income inequality, ISCR, CR, policy priority, authorities' policy response, Bulgarian authorities

The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjust...

Bulgaria
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

New
Bulgaria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria »

Volume/Issue: 2021/027

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2021

DOI: http://dx.doi.org/10.5089/9781513568119.002

ISBN: 9781513568119

Keywords: COVID-19 , Expenditure, Income, Loans, Income inequality, ISCR, CR, policy priority, authorities' policy response, Bulgarian authorities

The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjust...

Statement by Mr. Paul Hilbers, Executive Director for Bulgaria and Mr. Tsvetan Manchev, Advisor to the Executive Director January 27, 2021

New
Statement by Mr. Paul Hilbers, Executive Director for Bulgaria and Mr. Tsvetan Manchev, Advisor to the Executive Director January 27, 2021 »

Source: Bulgaria : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

Volume/Issue: 2021/027

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2021

ISBN: 9781513568119

Keywords: COVID-19 , Expenditure, Income, Loans, Income inequality, ISCR, CR, policy priority, authorities' policy response, Bulgarian authorities

The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjust...

Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery

New
Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery »

Source: Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery

Volume/Issue: 2021/016

Series: IMF Working Papers

Author(s): W. Bauer , R. Craig , José Garrido , Kenneth Kang , Kenichiro Kashiwase , Sung Jin Kim , Yan Liu , and Sohrab Rafiq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

ISBN: 9781513568096

Keywords: COVID-19, fiscal response, financial sector policy, corporate restructuring, insolvency frameworks

The Coronavirus disease (COVID-19) triggered a sharp contraction of economic activity across Asia and the Pacific. Policymakers adopted a 'whatever it takes' approach in their initial response, relying mainly on li...

Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery

New
Flattening the Insolvency Curve: Promoting Corporate Restructuring in Asia and the Pacific in the Post-C19 Recovery »

Volume/Issue: 2021/016

Series: IMF Working Papers

Author(s): W. Bauer , R. Craig , José Garrido , Kenneth Kang , Kenichiro Kashiwase , Sung Jin Kim , Yan Liu , and Sohrab Rafiq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

DOI: http://dx.doi.org/10.5089/9781513568096.001

ISBN: 9781513568096

Keywords: COVID-19, fiscal response, financial sector policy, corporate restructuring, insolvency frameworks

The Coronavirus disease (COVID-19) triggered a sharp contraction of economic activity across Asia and the Pacific. Policymakers adopted a 'whatever it takes' approach in their initial response, relying mainly on li...

Initial Output Losses from the Covid-19 Pandemic: Robust Determinants

New
Initial Output Losses from the Covid-19 Pandemic: Robust Determinants »

Volume/Issue: 2021/018

Series: IMF Working Papers

Author(s): Davide Furceri , Michael Ganslmeier , Jonathan Ostry , and Naihan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

DOI: http://dx.doi.org/10.5089/9781513567013.001

ISBN: 9781513567013

Keywords: Population and demographics, Fiscal stimulus, COVID-19 , Health, Labor market regulations, Recession, Resilience, WALS, BMA, Model-Averaging.

While the COVID-19 pandemic is affecting all countries, output losses vary considerably across countries. We provide a first analysis of robust determinants of observed initial output losses using model-averaging t...

Is Regional Trade Integration a Growth and Convergence Engine in Africa?

New
Is Regional Trade Integration a Growth and Convergence Engine in Africa? »

Volume/Issue: 2021/019

Series: IMF Working Papers

Author(s): Vigninou Gammadigbe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

DOI: http://dx.doi.org/10.5089/9781513567716.001

ISBN: 9781513567716

Keywords: Regional integration, Trade integration, Personal income, Economic integration, Plurilateral trade, economic growth, income convergence, Africa, WP, trade intensity

The main objective of Regional Trade Agreements (RTAs) is to stimulate economic growth in participating countries through increased trade, economies of scale, knowledge and technology transfer. Using a panel data o...

Social Repercussions of Pandemics

New
Social Repercussions of Pandemics »

Volume/Issue: 2021/021

Series: IMF Working Papers

Author(s): Philip Barrett , and Sophia Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

DOI: http://dx.doi.org/10.5089/9781513567723.001

ISBN: 9781513567723

Keywords: Natural disasters, COVID-19 , Health, Communicable diseases, Personal income, crisis, disasters, epidemic, social unrest, WP

Epidemics may have social scarring effects, increasing the likelihood of social unrest. They may also have mitigating effect, suppressing unrest by dissuading social activities. Using a new monthly panel on social...

Initial Output Losses from the Covid-19 Pandemic: Robust Determinants

New
Initial Output Losses from the Covid-19 Pandemic: Robust Determinants »

Source: Initial Output Losses from the Covid-19 Pandemic: Robust Determinants

Volume/Issue: 2021/018

Series: IMF Working Papers

Author(s): Davide Furceri , Michael Ganslmeier , Jonathan Ostry , and Naihan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

ISBN: 9781513567013

Keywords: Population and demographics, Fiscal stimulus, COVID-19 , Health, Labor market regulations, Recession, Resilience, WALS, BMA, Model-Averaging.

While the COVID-19 pandemic is affecting all countries, output losses vary considerably across countries. We provide a first analysis of robust determinants of observed initial output losses using model-averaging t...

Is Regional Trade Integration a Growth and Convergence Engine in Africa?

New
Is Regional Trade Integration a Growth and Convergence Engine in Africa? »

Source: Is Regional Trade Integration a Growth and Convergence Engine in Africa?

Volume/Issue: 2021/019

Series: IMF Working Papers

Author(s): Vigninou Gammadigbe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

ISBN: 9781513567716

Keywords: Regional integration, Trade integration, Personal income, Economic integration, Plurilateral trade, economic growth, income convergence, Africa, WP, trade intensity

The main objective of Regional Trade Agreements (RTAs) is to stimulate economic growth in participating countries through increased trade, economies of scale, knowledge and technology transfer. Using a panel data o...

Social Repercussions of Pandemics1

New
Social Repercussions of Pandemics1 »

Source: Social Repercussions of Pandemics

Volume/Issue: 2021/021

Series: IMF Working Papers

Author(s): Philip Barrett , and Sophia Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

ISBN: 9781513567723

Keywords: Natural disasters, COVID-19 , Health, Communicable diseases, Personal income, crisis, disasters, epidemic, social unrest, WP

Epidemics may have social scarring effects, increasing the likelihood of social unrest. They may also have mitigating effect, suppressing unrest by dissuading social activities. Using a new monthly panel on social...

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre du Mecanisme Elargi de Credit, Demande de Derogations Pour Inobservation de Criteres de Realisation et Proposition de Suivi Postprogramme — Analyse de Viabilité de la Dette

New
Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre du Mecanisme Elargi de Credit, Demande de Derogations Pour Inobservation de Criteres de Realisation et Proposition de Suivi Postprogramme — Analyse de Viabilité de la Dette »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Côte D’Ivoire: Septième et Huitième Revues de L’accord au Titre de la Facilité Élargie de Crédit et de L’Accord Élargi au Titre du Mécanisme Élargi de Crédit, Demande de Dérogations Pour Non-observation de Critères de Réalisation et Proposition de Suivi Postprogramme

New
Côte D’Ivoire: Septième et Huitième Revues de L’accord au Titre de la Facilité Élargie de Crédit et de L’Accord Élargi au Titre du Mécanisme Élargi de Crédit, Demande de Dérogations Pour Non-observation de Critères de Réalisation et Proposition de Suivi Postprogramme »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre Du Mecanisme Elargi de Credit, Demande de Derogations Pour Non-Observation de Criteres de Realisation et Proposition de Suivi Postprogramme — Informations Supplémentaires

New
Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre Du Mecanisme Elargi de Credit, Demande de Derogations Pour Non-Observation de Criteres de Realisation et Proposition de Suivi Postprogramme — Informations Supplémentaires »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Déclaration de M. Aivo Andrianarivelo, administrateur pour la Côte d’Ivoire, et de M. Marcellin Koffi Alle, conseiller principal de l’administrateur 9 décembre 2020

New
Déclaration de M. Aivo Andrianarivelo, administrateur pour la Côte d’Ivoire, et de M. Marcellin Koffi Alle, conseiller principal de l’administrateur 9 décembre 2020 »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Cote d'Ivoire
			: Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

New
Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire »

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

DOI: http://dx.doi.org/10.5089/9781513567945.002

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Le Conseil d’administration du FMI achève les dernières revues des accords de la facilité élargie de crédit et du mécanisme élargi de crédit en faveur de la Côte d’lvoire

New
Le Conseil d’administration du FMI achève les dernières revues des accords de la facilité élargie de crédit et du mécanisme élargi de crédit en faveur de la Côte d’lvoire »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Central African Economic and Monetary Community: Staff Report on the Common Policies in Support of Member Countries Reform Programs—Press Release; Staff Report; and Statement by the Executive Director the Central African Economic and Monetary Community

Central African Economic and Monetary Community: Staff Report on the Common Policies in Support of Member Countries Reform Programs—Press Release; Staff Report; and Statement by the Executive Director the Central African Economic and Monetary Community »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Central African Economic and Monetary Community: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs—Informational Annex

Central African Economic and Monetary Community: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs—Informational Annex »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies, and Common Policies in Support of Member Countries Reform Programs

IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies, and Common Policies in Support of Member Countries Reform Programs »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Central African Economic and Monetary Community (CEMAC)
			: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community »

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

DOI: http://dx.doi.org/10.5089/9781513567136.002

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Statement by Mr. Aivo Andrianarivelo, Executive Director for the Central African Economic and Monetary Community (CEMAC), Mr. Regis N’Sonde, Alternative Executive Director, and Mr. Thierry Nguema-Affane, Senior Advisor to the Executive Director January 12, 2021

Statement by Mr. Aivo Andrianarivelo, Executive Director for the Central African Economic and Monetary Community (CEMAC), Mr. Regis N’Sonde, Alternative Executive Director, and Mr. Thierry Nguema-Affane, Senior Advisor to the Executive Director January 12, 2021 »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

IMF Executive Board Concludes 2020 Article IV Consultation with Israel

IMF Executive Board Concludes 2020 Article IV Consultation with Israel »

Source: Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Israel
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel »

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

DOI: http://dx.doi.org/10.5089/9781513567099.002

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Israel: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Israel

Israel: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Israel »

Source: Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Israel: Staff Report for the 2020 Article IV Consultation—Informational Annex

Israel: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Statement by Mr. Anthony De Lannoy, Alternate Excutive Director and Mr. Shay Tsur, Senior Advisor to the Executive Director on Israel January 19, 2021

Statement by Mr. Anthony De Lannoy, Alternate Excutive Director and Mr. Shay Tsur, Senior Advisor to the Executive Director on Israel January 19, 2021 »

Source: Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Statement by the Staff Representative on Israel January 19, 2021

Statement by the Staff Representative on Israel January 19, 2021 »

Source: Israel : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

Volume/Issue: 2021/020

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2021

ISBN: 9781513567099

Keywords: COVID-19 , Public investment and public-private partnerships (PPP), Fiscal policy, Loans, Fiscal space, ISCR, CR, vaccination pace, Medium-term risk, vaccination campaign

The economic impact of the COVID-19 pandemic is unprecedented. Israel's economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high,...

Angola: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance—Press Release; Staff Report; and Statement by the Executive Director for Angola

Angola: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance—Press Release; Staff Report; and Statement by the Executive Director for Angola »

Source: Angola : Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance-Press Release; Staff Report; and Statement by the Executive Director for Angola

Volume/Issue: 2021/017

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566979

Keywords: Public debt, External debt, Oil prices, Exchange rates, Debt service, ISCR, CR, national bank of Angola, revenue gain, expenditure restraint

While improving, the economic outlook remains highly challenging, given the slow and uncertain recovery from the COVID-related shocks. Heavily dependent on oil, the Angolan economy has suffered from weakness in tha...

Benin: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Debt Sustainability Analysis

Benin: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Debt Sustainability Analysis »

Source: Benin : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin

Volume/Issue: 2021/014

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566856

Keywords: Public debt, COVID-19 , External debt, Revenue administration, Debt sustainability, ISCR, CR, IMF emergency support, IMF lending tracker, emergency financing request

The COVID-19 pandemic has severely affected Benin. The authorities' early and decisive action has helped stave off the spread of the virus, and a sizeable fiscal response has kept a recession at bay. Nevertheless,...

Benin: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Press Release; and Staff Report; and Statement by the Executive Director for Benin

Benin: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Press Release; and Staff Report; and Statement by the Executive Director for Benin »

Source: Benin : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin

Volume/Issue: 2021/014

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566856

Keywords: Public debt, COVID-19 , External debt, Revenue administration, Debt sustainability, ISCR, CR, IMF emergency support, IMF lending tracker, emergency financing request

The COVID-19 pandemic has severely affected Benin. The authorities' early and decisive action has helped stave off the spread of the virus, and a sizeable fiscal response has kept a recession at bay. Nevertheless,...

France: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for France

France: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for France »

Source: France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

France: Staff Report for the 2020 Article IV Consultation—Informational Annex

France: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

France: Staff Report for the 2020 Article IV Consultation—Supplementary Information

France: Staff Report for the 2020 Article IV Consultation—Supplementary Information »

Source: France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

IMF Executive Board Approves a US$ 177.96 Million in Emergency Assistance for Benin to Address the COVID-19 Pandemic

IMF Executive Board Approves a US$ 177.96 Million in Emergency Assistance for Benin to Address the COVID-19 Pandemic »

Source: Benin : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin

Volume/Issue: 2021/014

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566856

Keywords: Public debt, COVID-19 , External debt, Revenue administration, Debt sustainability, ISCR, CR, IMF emergency support, IMF lending tracker, emergency financing request

The COVID-19 pandemic has severely affected Benin. The authorities' early and decisive action has helped stave off the spread of the virus, and a sizeable fiscal response has kept a recession at bay. Nevertheless,...

IMF Executive Board Completes Fourth Review of the Extended Fund Facility Arrangement for Angola, and Approves US$ 487.5 Million Disbursement

IMF Executive Board Completes Fourth Review of the Extended Fund Facility Arrangement for Angola, and Approves US$ 487.5 Million Disbursement »

Source: Angola : Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance-Press Release; Staff Report; and Statement by the Executive Director for Angola

Volume/Issue: 2021/017

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566979

Keywords: Public debt, External debt, Oil prices, Exchange rates, Debt service, ISCR, CR, national bank of Angola, revenue gain, expenditure restraint

While improving, the economic outlook remains highly challenging, given the slow and uncertain recovery from the COVID-related shocks. Heavily dependent on oil, the Angolan economy has suffered from weakness in tha...

IMF Executive Board Concludes 2020 Article IV Consultation with France

IMF Executive Board Concludes 2020 Article IV Consultation with France »

Source: France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

Angola
			: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance-Press Release; Staff Report; and Statement by the Executive Director for Angola

Angola : Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance-Press Release; Staff Report; and Statement by the Executive Director for Angola »

Volume/Issue: 2021/017

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

DOI: http://dx.doi.org/10.5089/9781513566979.002

ISBN: 9781513566979

Keywords: Public debt, External debt, Oil prices, Exchange rates, Debt service, ISCR, CR, national bank of Angola, revenue gain, expenditure restraint

While improving, the economic outlook remains highly challenging, given the slow and uncertain recovery from the COVID-related shocks. Heavily dependent on oil, the Angolan economy has suffered from weakness in tha...

Benin
			: Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin

Benin : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin »

Volume/Issue: 2021/014

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

DOI: http://dx.doi.org/10.5089/9781513566856.002

ISBN: 9781513566856

Keywords: Public debt, COVID-19 , External debt, Revenue administration, Debt sustainability, ISCR, CR, IMF emergency support, IMF lending tracker, emergency financing request

The COVID-19 pandemic has severely affected Benin. The authorities' early and decisive action has helped stave off the spread of the virus, and a sizeable fiscal response has kept a recession at bay. Nevertheless,...

France
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France »

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

DOI: http://dx.doi.org/10.5089/9781513566894.002

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

Statement by Ita Mary Mannathoko, Executive Director for Angola and Jorge Essuvi, Advisor to Executive Director January 11, 2021

Statement by Ita Mary Mannathoko, Executive Director for Angola and Jorge Essuvi, Advisor to Executive Director January 11, 2021 »

Source: Angola : Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Requests for Modifications of Performance Criteria and Waivers for Performance Criteria Applicability and Nonobservance-Press Release; Staff Report; and Statement by the Executive Director for Angola

Volume/Issue: 2021/017

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566979

Keywords: Public debt, External debt, Oil prices, Exchange rates, Debt service, ISCR, CR, national bank of Angola, revenue gain, expenditure restraint

While improving, the economic outlook remains highly challenging, given the slow and uncertain recovery from the COVID-related shocks. Heavily dependent on oil, the Angolan economy has suffered from weakness in tha...

Statement by Mr. Andrianarivelo, Executive Director for Benin Mr. Sylla, Alternate Executive Director, Mr. Nguema-Affane, Senior Advisor to the Executive Director and Mrs. Boukpessi, Advisor to the Executive Director December 21, 2020

Statement by Mr. Andrianarivelo, Executive Director for Benin Mr. Sylla, Alternate Executive Director, Mr. Nguema-Affane, Senior Advisor to the Executive Director and Mrs. Boukpessi, Advisor to the Executive Director December 21, 2020 »

Source: Benin : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Benin

Volume/Issue: 2021/014

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566856

Keywords: Public debt, COVID-19 , External debt, Revenue administration, Debt sustainability, ISCR, CR, IMF emergency support, IMF lending tracker, emergency financing request

The COVID-19 pandemic has severely affected Benin. The authorities' early and decisive action has helped stave off the spread of the virus, and a sizeable fiscal response has kept a recession at bay. Nevertheless,...

Statement by Mr. Buissé and Mr. Rozan on France January 13, 2021

Statement by Mr. Buissé and Mr. Rozan on France January 13, 2021 »

Source: France : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2021/015

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566894

Keywords: Labor, Loans, Financial crises, Public debt, COVID-19 , ISCR, CR, Banque de France, COVID infection, HCSF recommendation

France is among the countries most affected by the global pandemic, both in terms of health and economic impact. Output is expected to have declined by around 9 percent in 2020. The authorities put in place a large...

Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy

Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy »

Source: Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy

Volume/Issue: 2021/012

Series: IMF Working Papers

Author(s): Carine Meyimdjui , and Jean-Louis Combes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566887

Keywords: Household consumption, Commodity price shocks, Government consumption, Exchange rate arrangements, Expenditure, Import Food Price Shocks, Fiscal Policy., WP, government consumption expenditure, government transfer

This paper studies whether fiscal policy plays a stabilizing role in the context of import food price shocks. More precisely, the paper assesses whether fiscal policy dampens the adverse effect of import food price...

People's Republic of China
			: Selected Issues

People's Republic of China : Selected Issues »

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566528.002

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy

Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy »

Volume/Issue: 2021/012

Series: IMF Working Papers

Author(s): Carine Meyimdjui , and Jean-Louis Combes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566887.001

ISBN: 9781513566887

Keywords: Household consumption, Commodity price shocks, Government consumption, Exchange rate arrangements, Expenditure, Import Food Price Shocks, Fiscal Policy., WP, government consumption expenditure, government transfer

This paper studies whether fiscal policy plays a stabilizing role in the context of import food price shocks. More precisely, the paper assesses whether fiscal policy dampens the adverse effect of import food price...

Pandemics and Automation: Will the Lost Jobs Come Back?

Pandemics and Automation: Will the Lost Jobs Come Back? »

Volume/Issue: 2021/011

Series: IMF Working Papers

Author(s): Tahsin Saadi Sedik , and Jiae Yoo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566849.001

ISBN: 9781513566849

Keywords: Robotics, COVID-19 , Income inequality, Automation, Communicable diseases, Pandemics, Robots, Inequality., WP, pandemic event

COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find...

Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Revisiting the Stabilization Role of Public Banks: Public Debt Matters »

Volume/Issue: 2021/007

Series: IMF Working Papers

Author(s): H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566788.001

ISBN: 9781513566788

Keywords: State-owned banks, Bank credit, Public debt, Loans, Global financial crisis of 2008-2009, Public banks, countercyclical lending, economic stabilization, high public debt, WP

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the priv...

Pandemics and Automation: Will the Lost Jobs Come Back?1

Pandemics and Automation: Will the Lost Jobs Come Back?1 »

Source: Pandemics and Automation: Will the Lost Jobs Come Back?

Volume/Issue: 2021/011

Series: IMF Working Papers

Author(s): Tahsin Saadi Sedik , and Jiae Yoo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566849

Keywords: Robotics, COVID-19 , Income inequality, Automation, Communicable diseases, Pandemics, Robots, Inequality., WP, pandemic event

COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Revisiting the Stabilization Role of Public Banks: Public Debt Matters »

Source: Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Volume/Issue: 2021/007

Series: IMF Working Papers

Author(s): H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566788

Keywords: State-owned banks, Bank credit, Public debt, Loans, Global financial crisis of 2008-2009, Public banks, countercyclical lending, economic stabilization, high public debt, WP

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the priv...

COVID’s Long Shadow: Social Repercussions of Pandemics

COVID’s Long Shadow: Social Repercussions of Pandemics »

Source: IMF Research Perspectives : Fall-Winter 2020

Volume/Issue: 2020/002

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2021

ISBN: 9781513564081

Keywords: COVID-19

Where do we go from here? The Fall-Winter 2020 issue of the IMF Research Perspectives considers this question and analyzes the impact of the COVID-19 pandemic. The research showcased in this issue looks at the hist...

Credit Where Credit Is Due: Policies to Mitigate the Pandemic Fallout

Credit Where Credit Is Due: Policies to Mitigate the Pandemic Fallout »

Source: IMF Research Perspectives : Fall-Winter 2020

Volume/Issue: 2020/002

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2021

ISBN: 9781513564081

Keywords: COVID-19

Where do we go from here? The Fall-Winter 2020 issue of the IMF Research Perspectives considers this question and analyzes the impact of the COVID-19 pandemic. The research showcased in this issue looks at the hist...

IMF Executive Board Concludes First Review Under Jordan’s Extended Fund Facility Arrangement and Rephases Access to Address the Impact of COVID-19

IMF Executive Board Concludes First Review Under Jordan’s Extended Fund Facility Arrangement and Rephases Access to Address the Impact of COVID-19 »

Source: Jordan : First Review Under the Extended Fund Facility Arrangement and Request for a Waiver of Nonobservance and Modifications of Performance Criteria, and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Jordan

Volume/Issue: 2021/011

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2021

ISBN: 9781513566443

Keywords: Public debt, COVID-19 , Arrears, Fiscal stance, External debt, ISCR, CR, staff appraisal, draft budget law, level staff

Timely containment, a large monetary stimulus, and targeted fiscal measures helped save lives and livelihoods during the first COVID-19 wave, but a significant second wave is still unfolding. The economic and human...

IMF Research Perspectives
			: Fall-Winter 2020

IMF Research Perspectives : Fall-Winter 2020 »

Volume/Issue: 2020/002

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2021

DOI: http://dx.doi.org/10.5089/9781513564081.053

ISBN: 9781513564081

Keywords: COVID-19

Where do we go from here? The Fall-Winter 2020 issue of the IMF Research Perspectives considers this question and analyzes the impact of the COVID-19 pandemic. The research showcased in this issue looks at the hist...

Jordan
			: First Review Under the Extended Fund Facility Arrangement and Request for a Waiver of Nonobservance and Modifications of Performance Criteria, and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Jordan

Jordan : First Review Under the Extended Fund Facility Arrangement and Request for a Waiver of Nonobservance and Modifications of Performance Criteria, and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Jordan »

Volume/Issue: 2021/011

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2021

DOI: http://dx.doi.org/10.5089/9781513566443.002

ISBN: 9781513566443

Keywords: Public debt, COVID-19 , Arrears, Fiscal stance, External debt, ISCR, CR, staff appraisal, draft budget law, level staff

Timely containment, a large monetary stimulus, and targeted fiscal measures helped save lives and livelihoods during the first COVID-19 wave, but a significant second wave is still unfolding. The economic and human...