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2013 Low-Income Countries Global Risks and Vulnerabilities Report

2013 Low-Income Countries Global Risks and Vulnerabilities Report »

Volume/Issue: 2013/075

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

DOI: http://dx.doi.org/10.5089/9781498341332.007

ISBN: 9781498341332

Keywords: Concessional aid, External shocks, Fiscal consolidation, Fiscal policy, Low-income developing countries, Fiscal sector, External sector, National income, Economic analysis, Public financial management

An assessment of vulnerabilities and risks in LICs remains important both for LICs themselves and for the international community. There are currently 74 LICs, eligible for concessional financing from the Fund. Thi...

Ghana
			: Third Review Under the Extended Credit Facility Arrangement and Request for Waiver for Nonobservance of Performance Criteria, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Excutive Director for Ghana

Ghana : Third Review Under the Extended Credit Facility Arrangement and Request for Waiver for Nonobservance of Performance Criteria, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Excutive Director for Ghana »

Volume/Issue: 2016/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 October 2016

DOI: http://dx.doi.org/10.5089/9781475543582.002

ISBN: 9781475543582

Keywords: Extended Credit Facility, Fiscal policy, Fiscal consolidation, Debt management, Energy sector, Public enterprises, Fiscal reforms, Monetary policy, Banking sector, Economic indicators

This paper discusses Ghana's Third Review Under the Extended Credit Facility arrangement and Request for Waiver for Nonobservance of Performance Criteria (PCs), and Modifications of PCs. Program implementation in G...

Sustaining more Inclusive Growth in the Republic of Congo

Sustaining more Inclusive Growth in the Republic of Congo »

Series: Departmental Papers / Policy Papers

Author(s): Dalia Hakura , Adrian Alter , Matteo Ghilardi , Rodolfo Maino , Cameron McLoughlin , and Maximilien Queyranne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2015

DOI: http://dx.doi.org/10.5089/9781498317702.087

ISBN: 9781498317702

Keywords: Sustainable development, Congo, Republic of, Inclusive growth, Oil revenues, Nonoil sector, Public investment, Natural resources, Debt sustainability, Poverty and inequality, Fiscal policy

The Republic of Congo has seen dramatic improvement in its debt situation since 2010, following debt relief through the IMF and World Bank Heavily Indebted Poor Countries/Multilateral Debt Relief Initiative. Large...

Fiscal Consolidation and Public Wages

Fiscal Consolidation and Public Wages »

Volume/Issue: 2019/125

Series: IMF Working Papers

Author(s): Juin-Jen Chang , Hsieh-Yu Lin , Nora Traum , and Shu-Chun Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

DOI: http://dx.doi.org/10.5089/9781498316835.001

ISBN: 9781498316835

Keywords: Public sector wages, Real interest rates, Income tax revenue, Wage policy, Consumption taxes, public wage, fiscal consolidation, government spending, fiscal policy, New Keynesian model

A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the t...

Fiscal Consolidation in the Euro Area: How Much Can Structural Reforms Ease the Pain?

Fiscal Consolidation in the Euro Area: How Much Can Structural Reforms Ease the Pain? »

Volume/Issue: 2013/211

Series: IMF Working Papers

Author(s): Derek Anderson , Benjamin Hunt , and Stephen Snudden

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2013

Language: Russian

DOI: http://dx.doi.org/10.5089/9781475563993.001

ISBN: 9781475563993

Keywords: Fiscal consolidation, Euro Area, Fiscal policy, Fiscal reforms, Labor market reforms, Monetary policy, General equlibrium models, Structural reforms., real wages, public debt

The IMF's Global Integrated Monetary and Fiscal model (GIMF) is used to examine the scope for structural reforms in the euro area to offset the negative impact of fiscal consolidation required to put public debt ba...

Pakistan
			: Staff Report for the First Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria

Pakistan : Staff Report for the First Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria »

Volume/Issue: 2014/1

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2014

DOI: http://dx.doi.org/10.5089/9781484339244.002

ISBN: 9781484339244

Keywords: Banking sector, Debt sustainability analysis, Extended arrangement reviews, Extended Fund Facility, Economic indicators, Fiscal consolidation, Monetary policy, Fiscal reforms, Fiscal policy, Foreign exchange reserves

This paper provides an update on economic and policy developments in Pakistan since the issuance of the IMF staff report on December 11, 2013. Gross official reserves were US$3.4 billion as of December 16, 2013, in...

India
			: Staff Report for 2014 Article IV Consultation

India : Staff Report for 2014 Article IV Consultation »

Volume/Issue: 2014/57

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 February 2014

DOI: http://dx.doi.org/10.5089/9781484308257.002

ISBN: 9781484308257

Keywords: Economic indicators, Fiscal consolidation, Banking sector, Article IV consultation reports, Current account deficits, Debt sustainability analysis, Economic growth, Press releases, Staff Reports, India

This 2014 Article IV consultation highlights an expected slowdown of growth in India, to 4.6 percent this fiscal year, the lowest in a decade, reflecting global developments and domestic supply constraints. Headlin...

Namibia
			: 2013 Article IV Consultation-Staff Report; Press Release

Namibia : 2013 Article IV Consultation-Staff Report; Press Release »

Volume/Issue: 2014/40

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 February 2014

DOI: http://dx.doi.org/10.5089/9781475518450.002

ISBN: 9781475518450

Keywords: Article IV consultation reports, Debt sustainability analysis, Economic indicators, Fiscal consolidation, Financial sector, Fiscal policy, Government expenditures, Namibia, Millennium Development Goals, Staff Reports

This 2013 Article IV consultation highlights Namibia's positive growth record over the years, which has raised overall incomes and led to positive economic outcomes. However, growth has not translated into sufficie...