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Philippines
			: Staff Report for the 2014 Article IV Consultation

Philippines : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2014/245

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2014

DOI: http://dx.doi.org/10.5089/9781498353052.002

ISBN: 9781498353052

Keywords: current account, external debt, short-term debt, government debt, public debt

KEY ISSUES Context. Growth remains rapid, but has moderated from the 71/4 percent recorded in 2013. Remittances and accommodative monetary and financial conditions remain the primary growth drivers, despite volatil...

Debt, Growth and Natural Disasters A Caribbean Trilogy

Debt, Growth and Natural Disasters A Caribbean Trilogy »

Volume/Issue: 2014/125

Series: IMF Working Papers

Author(s): Sebastian Acevedo Mejia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 July 2014

DOI: http://dx.doi.org/10.5089/9781498337601.001

ISBN: 9781498337601

Keywords: Panel VAR with exogenous variables, natural disasters, growth, disasters, disaster, storms, Time-Series Models, Macroeconomic Analyses of Economic Development, General, Caribbean.,

This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in the Caribbean. Two types of natural disasters are studied -storms and floods- given their prev...

Remittances and Vulnerability in Developing Countries

Remittances and Vulnerability in Developing Countries »

Volume/Issue: 2014/13

Series: IMF Working Papers

Author(s): Giulia Bettin , Andrea Presbitero , and Nicola Spatafora

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2014

DOI: http://dx.doi.org/10.5089/9781484385081.001

ISBN: 9781484385081

Keywords: Shocks, Business cycle, Vulnerability, Gravity model, remittance, migrant, bilateral remittances, official remittances, International Monetary Arrangements and Institutions, International Lending and Debt Problems

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data...

Natural Disasters
			: Mitigating Impact,  Managing Risks

Natural Disasters : Mitigating Impact, Managing Risks »

Volume/Issue: 2012/245

Series: IMF Working Papers

Author(s): Nicole Laframboise , and Boileau Loko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 October 2012

DOI: http://dx.doi.org/10.5089/9781475512717.001

ISBN: 9781475512717

Keywords: natural disasters, self-insurance, contingent financing, buffers, disaster, disasters, natural disaster, earthquake, International Monetary Arrangements and Institutions, Environment and Growth,

This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF's role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper des...

Summary Proceedings of the Sixty-Second Annual Meetings 2008

Summary Proceedings of the Sixty-Second Annual Meetings 2008 »

Series: Summary Proceedings

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 April 2012

DOI: http://dx.doi.org/10.5089/9781475504682.015

ISBN: 9781475504682

Keywords: financial markets, financial stability, financial system, international financial, financial sector

The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Develo...

International Monetary Fund Annual Report 2011
			: Financial Statements

International Monetary Fund Annual Report 2011 : Financial Statements »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2011

DOI: http://dx.doi.org/10.5089/9781616351182.011

ISBN: 9781616351182

Keywords: financial statements, debt relief, cash flows, general resources account, financial instruments

The IMF's 2011 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2011, which covers the period from May 1, 2010, thr...

International Monetary Fund Annual Report 2010
			: Financial Statements

International Monetary Fund Annual Report 2010 : Financial Statements »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2010

DOI: http://dx.doi.org/10.5089/9781616350253.011

ISBN: 9781616350253

Keywords: financial statements, general resources account, debt relief, cash flows, financial instruments

This paper presents the IMF financial statements for 2009-10. The paper highlights that the consolidated financial statements of the General Department are prepared in accordance with International Financial Report...

How do International Financial Flows to Developing Countries Respond to Natural Disasters?

How do International Financial Flows to Developing Countries Respond to Natural Disasters? »

Volume/Issue: 2010/166

Series: IMF Working Papers

Author(s): Antonio David

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

DOI: http://dx.doi.org/10.5089/9781455201778.001

ISBN: 9781455201778

Keywords: Capital Flows, Natural Disasters, Panel Vector Autoregressive Models, Developing Countries, disasters, disaster, geological disasters, climatic disasters, natural disasters, International Finance: General

This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differenti...

International Monetary Fund Annual Report 2009
			: Financial Statements

International Monetary Fund Annual Report 2009 : Financial Statements »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2009

DOI: http://dx.doi.org/10.5089/9781451945591.011

ISBN: 9781451945591

Keywords: financial statements, cash flows, general resources account, debt relief, financial instruments

The IMF's 2009 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2009, which covers the period from May 1, 2008, thr...

Haiti
			: Joint Staff Advisory Note of the Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper

Haiti : Joint Staff Advisory Note of the Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper »

Volume/Issue: 2009/289

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2009

DOI: http://dx.doi.org/10.5089/9781451817782.002

ISBN: 9781451817782

Keywords: poverty reduction strategy, disaster, poverty reduction strategy paper, disasters, household survey

Falling international prices have helped lower Haiti's inflation, but base money growth has continued to be higher than targeted in the program. The paper discusses Haiti's Annual Progress Report on Implementation...

International Monetary Fund Annual Report 2008
			: Financial Statements

International Monetary Fund Annual Report 2008 : Financial Statements »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 October 2008

DOI: http://dx.doi.org/10.5089/9781451974911.011

ISBN: 9781451974911

Keywords: financial statements, cash flows, debt relief, subsidy, general resources account

The Annual Report 2008 to the Board of Governors reviews the IMF's activities and policies during the financial year (May 1, 2007, through April 30, 2008). There are five chapters: (1) Overview: Refocusing the IMF;...

Debt Sustainability under Catastrophic Risk
			: The Case for Government Budget Insurance

Debt Sustainability under Catastrophic Risk : The Case for Government Budget Insurance »

Volume/Issue: 2008/44

Series: IMF Working Papers

Author(s): Eduardo Cavallo , Eduardo Borensztein , and Patricio Valenzuela

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

DOI: http://dx.doi.org/10.5089/9781451869064.001

ISBN: 9781451869064

Keywords: Natural Disasters, disasters, disaster, hurricane, reconstruction,

Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper...

International Monetary Fund Annual Report 2007
			: Financial Statements

International Monetary Fund Annual Report 2007 : Financial Statements »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2007

DOI: http://dx.doi.org/10.5089/9781451945683.011

ISBN: 9781451945683

Keywords: financial statements, cash flows, subsidy, general resources account, debt relief

The 2007 Annual Report to the Board of Governors reviews the IMF's activities and policies during the financial year (May 1, 2006, through April 30, 2007). The financial statements of the IMF for FY2007 are availab...

Insuring Public Finances Against Natural Disasters
			: A Survey of Options and Recent Initiatives

Insuring Public Finances Against Natural Disasters : A Survey of Options and Recent Initiatives »

Volume/Issue: 2006/199

Series: IMF Working Papers

Author(s): David Hofman , and Patricia Brukoff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

DOI: http://dx.doi.org/10.5089/9781451864595.001

ISBN: 9781451864595

Keywords: public finances, disaster, disasters, natural disasters, hurricane, earthquake, Fiscal Policies and Behavior of Economic Agents: General, Economic Development: General,

Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus f...

Macroeconomic Implications of Natural Disasters in the Caribbean

Macroeconomic Implications of Natural Disasters in the Caribbean »

Volume/Issue: 2004/224

Series: IMF Working Papers

Author(s): Tobias Rasmussen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781451875355.001

ISBN: 9781451875355

Keywords: Natural Disasters, Eastern Caribbean, disasters, hurricane, disaster, natural hazard, Fiscal Policies and Behavior of Economic Agents: General, Economic Development: General,

Each year natural disasters affect about 200 million people and cause about $50 billion in damage. This paper compares the incidence of natural disasters across countries along several dimensions and finds that the...

Dealing with Increased Risk of Natural Disasters
			: Challenges and Options

Dealing with Increased Risk of Natural Disasters : Challenges and Options »

Volume/Issue: 2003/197

Series: IMF Working Papers

Author(s): Michael Keen , Paul Freeman , and Muthukumara Mani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2003

DOI: http://dx.doi.org/10.5089/9781451860030.001

ISBN: 9781451860030

Keywords: Natural Disasters, Climate Change, Urbanization, disaster, disasters, hurricane, disaster risk, Fiscal Policies and Behavior of Economic Agents: General, Economic Development: General, Natural Disaster,

Natural disaster risk is emerging as an increasingly important constraint on economic development and poverty reduction. This paper first sets out the key stylized facts in the area-that the costs of disaster have...

Vested Interests in a Positive Theory of IFI Conditionality

Vested Interests in a Positive Theory of IFI Conditionality »

Volume/Issue: 2002/73

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Wolfgang Mayer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

DOI: http://dx.doi.org/10.5089/9781451849479.001

ISBN: 9781451849479

Keywords: ownership, common agency, political economy, interest group, economic assistance, economic policies, interest groups, International Monetary Arrangements and Institutions, International Lending and Debt Problems, Political Economy Of International Financial Institutions,

Understanding of the domestic political environment is key to building broad country ownership and the successful implementation of reform programs supported by international financial institutions (IFIs). But reci...

The Challenge of Predicting Economic Crises

The Challenge of Predicting Economic Crises »

Series: Economic Issues

Author(s): Catherine Pattillo , and Andrew Berg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2000

DOI: http://dx.doi.org/10.5089/9781557758842.051

ISBN: 9781557758842

Keywords: early warning, warning system, early warning system, financial markets, currency crises

The integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased...

Anticipating Balance of Payments Crises--The Role of Early Warning Systems
			: The Role of Early Warning Systems

Anticipating Balance of Payments Crises--The Role of Early Warning Systems : The Role of Early Warning Systems »

Series: Occasional Papers

Author(s): Catherine Pattillo , Andrew Berg , Gian Milesi-Ferretti , and Eduardo Borensztein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2000

DOI: http://dx.doi.org/10.5089/9781557758286.084

ISBN: 9781557758286

Keywords: currency crises, probability, balance of payments, contagion, currency crisis

Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption t...