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Republic of Madagascar

Republic of Madagascar »

Source: Republic of Madagascar : Ex Post Assessment of Longer-Term Program Engagement

Volume/Issue: 2005/363

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2005

ISBN: 9781451825367

Keywords: tax revenue, public expenditure, domestic savings, trade liberalization

This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Madagascar. The paper focuses on performance during the programs supported by the 1989 and 1996 Enhanced Structural...

Republic of Congo

Republic of Congo »

Source: Republic of Congo : Statistical Annex

Volume/Issue: 1996/77

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 August 1996

ISBN: 9781451808483

Keywords: oil sector, central bank, oil exports, domestic savings, public debt

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Resilience and Growth Through Sustained Adjustment
			: The Moroccan Experience

Resilience and Growth Through Sustained Adjustment : The Moroccan Experience »

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

DOI: http://dx.doi.org/10.5089/9781557754226.084

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

This paper reviews and analyzes how Morocco overcame the economic and financial crisis it confronted at the beginning of the 1980s. It highlights the challenges that still confront the Moroccan economy and the less...

Côte d'Ivoire

Côte d'Ivoire »

Source: Côte d'Ivoire : Selected Issues and Statistical Appendix

Volume/Issue: 2000/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2000

ISBN: 9781451807851

Keywords: world prices, balance of payments, public debt, external debt, domestic savings

Cote d'lvoire adopted an IMF-supported program in early 1994 following the devaluation of the CFA franc. Under this program, progress was made in reducing financial imbalances, controlling inflation, liberalizing t...

I Introduction

I Introduction »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

The year 1993 marked a watershed for the Moroccan economy. After a decade of working toward remedying the imbalances that had led to a serious crisis in the early 1980s—in which Morocco’s gross official fore...

II Economic and Financial Crisis in the Early 1980s

II Economic and Financial Crisis in the Early 1980s »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

By the beginning of the 1980s, Morocco’s macroeconomic performance was steadily deteriorating: fiscal and external current account deficits were mounting, external indebtedness was growing, and foreign excha...

III Adjustment Strategy—An Overview

III Adjustment Strategy—An Overview »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

The economic and financial imbalances in the Moroccan economy at the beginning of the 980s had resulted from an excessive expansion in domestic demand—driven in large part by the ambitious public investment...

IV Fiscal Policy

IV Fiscal Policy »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

During the first half of the 1970s, Morocco pursued a relatively conservative fiscal policy. Following the boom in phosphate prices in 1974–75, this policy stance changed dramatically. Although revenue incre...

V Monetary Management and Financial Sector Restructuring

V Monetary Management and Financial Sector Restructuring »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

The monetary policy of Morocco’s central bank, Bank Al-Maghrib, has generally aimed at maintaining price stability and safeguarding Morocco’s external position while keeping interest rates at moderate levels...

VI Liberalization of the Economy

VI Liberalization of the Economy »

Source: Resilience and Growth Through Sustained Adjustment : The Moroccan Experience

Series: Occasional Papers

Author(s): Sena Eken , Jörg Decressin , Filippo Cartiglia , Klaus-Stefan Enders , Saleh Nsouli , and Van Thai

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754226

Keywords: balance of payments, tax system, domestic savings, public enterprises, terms of trade

The imbalances between aggregate demand and supply in Morocco at the beginning of the 1980s were due in part to the pervasive distortions of the incentive structure, which hindered the growth of aggregate su...