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External Debt and Economic Reform

External Debt and Economic Reform »

Source: External Debt and Economic Reform : Does a Pain Reliever Delay the Necessary Treatment?

Volume/Issue: 2007/50

Series: IMF Working Papers

Author(s): Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866148

Keywords: economic reform, external borrowing, foreign aid, external financing, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Open Economy Macroeconomics, Macroeconomic Analyses of Economic Development,

Recent literature argues that conflict in shifting adjustment costs between different socioeconomic groups delays necessary reforms and finds that such reforms often follow economic crises. This paper expands these...

Resources and Incentives to Reform

Resources and Incentives to Reform »

Source: Resources and Incentives to Reform : A Model and Some Evidence on Sub-Saharan African Countries

Volume/Issue: 2001/86

Series: IMF Working Papers

Author(s): Guido De Blasio , and A. Dalmazzo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2001

ISBN: 9781451850888

Keywords: autocracy, reforms, statistics, trade policies, probability, economic liberalization, domestic investment, Models of Political Processes: Rent-seeking, Elections, Legislatures

The paper models the incentives for a self-interested government to implement "good policies". While good policies lead to investment and growth, they reduce the government's ability to increase supporters' consump...

The Unequal Benefits of Fuel Subsidies

The Unequal Benefits of Fuel Subsidies »

Source: The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries

Volume/Issue: 2010/202

Series: IMF Working Papers

Author(s): David Coady , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205325

Keywords: fuel subsidies, impact of subsidy reform, distribution of fuel consumption, subsidies, fuel prices, subsidy, fuel price, fuel consumption, Taxation, and Revenue: General

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decreas...

Building Resilience in Sub-Saharan Africa’s Fragile States

Building Resilience in Sub-Saharan Africa’s Fragile States »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 November 2015

Language: French

ISBN: 9781513579771

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

1. Introduction

1. Introduction »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

Fragile states—states in which the government is unable to deliver basic services and security to the population—face severe and entrenched obstacles to economic and human development. While definitions of f...

2. The Analytics of Fragility

2. The Analytics of Fragility »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

The Roots of Fragility Why are some countries fragile? An extensive theoretical and empirical literature has highlighted several factors that contribute to (or are, more generally, a...

3. Measuring Fragility, Economic Performance, and Social Outcomes

3. Measuring Fragility, Economic Performance, and Social Outcomes »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This chapter assesses developments in 26 sub-Saharan African countries that are deemed to have been fragile in the 1990s and investigates their performance in terms of a number of macroeconomic, fiscal, and...

4. The Role of Fiscal Policies and Institutions

4. The Role of Fiscal Policies and Institutions »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

Overview This chapter studies the role of fiscal policies and institutions in building resilience, looking at the relationship between measures of the quality of fiscal institutions,...

5. Growth Performance

5. Growth Performance »

Source: Building Resilience in Sub-Saharan Africa's Fragile States

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

Over the past two decades, sub-Saharan countries that managed to build resilience not only experienced more frequent and longer growth accelerations, but they also managed to avoid sharp and sustained period...