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How Does Conditional Aid (Not) Work?

How Does Conditional Aid (Not) Work? »

Source: How Does Conditional Aid (Not) Work?

Volume/Issue: 2002/183

Series: IMF Working Papers

Author(s): Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

ISBN: 9781451859324

Keywords: policy reform, policy conditionality, conditional lending, subsidy,

Does policy conditionality worsen domestic welfare, as governments are forced to attempt unpopular reforms resulting in damaging protests, or does conditionality help implement reforms that otherwise would have bee...

Reflating Japan

Reflating Japan »

Source: Reflating Japan : Time to Get Unconventional?

Volume/Issue: 2016/157

Series: IMF Working Papers

Author(s): Elif Arbatli , Dennis Botman , Kevin Clinton , Pietro Cova , Vitor Gaspar , Zoltan Jakab , Douglas Laxton , Constant Lonkeng Ngouana , Joannes Mongardini , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 August 2016

ISBN: 9781475523140

Keywords: Japan; monetary policy; fiscal policy; incomes policy; structural reforms

Japan has ambitious economic goals: 3 percent nominal growth; 2 percent inflation; and a primary budget surplus. Abenomics has employed the three arrows of monetary, fiscal and structural policies, but the goals re...

Fiscal Reform Over Ten Years of Transition

Fiscal Reform Over Ten Years of Transition »

Source: Fiscal Reform Over Ten Years of Transition

Volume/Issue: 2000/113

Series: IMF Working Papers

Author(s): George Tsibouris , and Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2000

ISBN: 9781451853698

Keywords: fiscal reform, transition, tax system, tax revenue, tax administrations, tax policy, tax policy reform, Economic Reform,

This paper analyzes fiscal reforms in transition economies during the decade leading up to 1998. The paper argues that macroeconomic stabilization, price liberalization and privatization—the core reforms vis...

Financial Reform and Monetary Control in Indonesia

Financial Reform and Monetary Control in Indonesia »

Source: Financial Reform and Monetary Control in Indonesia

Volume/Issue: 1988/4

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1988

ISBN: 9781451930023

Keywords: money market, monetary control, monetary policy, discount rate, financial reform

This paper analyzes the evolution and effectiveness of Indonesia’s monetary control system following the financial reforms implemented since 1983. These reforms entailed the abolition of interest rate and cr...

The Financial Reform in Finland

The Financial Reform in Finland »

Source: The Financial Reform in Finland

Volume/Issue: 1988/89

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 1988

ISBN: 9781451952148

Keywords: money market, monetary policy, financial system, financial reform, reserve requirement

This paper examines the evolution of the Finnish financial system from a restrictive system based on credit limitations and rationing to an open system which relies on indirect, market-oriented policies. The main b...

Tax Policy and National Savings in the United States: A Survey

Tax Policy and National Savings in the United States: A Survey »

Source: Tax Policy and National Savings in the United States : A Survey

Volume/Issue: 1988/110

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 1988

ISBN: 9781451945539

Keywords: tax system, tax reform, taxation, tax policy, tax treatment

This paper explores how tax policy affects the level and allocation of national savings in the United States. It argues that the effect of taxes on the overall private saving level is relatively small and uncertain...

Market-Based Systems of Monetary Control in Developing Countries

Market-Based Systems of Monetary Control in Developing Countries »

Source: Market-Based Systems of Monetary Control in Developing Countries : Operating Procedures and Related Issues

Volume/Issue: 1991/40

Series: IMF Working Papers

Author(s): Chorng-Huey Wong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1991

ISBN: 9781451845877

Keywords: central bank, financial reform, monetary policy, monetary control

This paper reviews issues in the development of a market-based system of monetary control in developing countries. It focuses on the appropriate sequencing of financial reform that would facilitate the transition t...

Addressing Korea's Long-Term Fiscal Challenges

Addressing Korea's Long-Term Fiscal Challenges »

Source: Addressing Korea's Long-Term Fiscal Challenges

Volume/Issue: 2008/27

Series: IMF Working Papers

Author(s): Murtaza Syed , Michael Skaarup , and Tarhan Feyzioglu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868890

Keywords: Korea, Simulation, Sustainability, Tax Reform, General Equilibrium, pension, pension reform, tax rates, pension fund, fiscal policy

Korea is on the verge of an unprecedented demographic shift. In coming decades, rapid aging will transform it from one of the youngest populations in the OECD to among the oldest in record time. In turn, this shift...

Reforming Labor and Product Markets

Reforming Labor and Product Markets »

Source: Reforming Labor and Product Markets : Some Lessons from Two Decades of Experiments in Europe

Volume/Issue: 2005/97

Series: IMF Working Papers

Author(s): Tito Boeri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861167

Keywords: Structural reforms, labor market reform, product market reform, labor market, employment, unemployment, employment protection, Economics of Regulation, Labor-Management Relations, Trade Unions

This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about interactions between labor and product market reforms. Reforms in labor markets occur at higher...

The Impact of Fiscal Consolidation and Structural Reformson Growth in Japan

The Impact of Fiscal Consolidation and Structural Reformson Growth in Japan »

Source: The Impact of Fiscal Consolidation and Structural Reformson Growth in Japan

Volume/Issue: 2011/13

Series: IMF Working Papers

Author(s): Pelin Berkmen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781455211913

Keywords: tax reform, structural policies, public debt, consumption taxes, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General,

With Japan's public debt reaching historical levels, the need for fiscal consolidation and structural reforms have increased. As fiscal consolidation will require a sustained and large adjustment in the fiscal bala...