Search Results

You are looking at 1 - 10 of 18 items :

  • Keyword: current account x
  • Occasional Papers x
Clear All Modify Search
Economic Adjustment in Low-Income Countries
			: Experience Under the Enhanced Structural Adjustment Facility

Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility »

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

DOI: http://dx.doi.org/10.5089/9781557753366.084

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that enter...

External Performance in Low-Income Countries

External Performance in Low-Income Countries »

Series: Occasional Papers

Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2011

DOI: http://dx.doi.org/10.5089/9781616350536.084

ISBN: 9781616350536

Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets

Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poo...

Statistical Appendix

Statistical Appendix »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

Table A1. Basic Indicators Prior to SAF/ESAF Period (Annual average during the three years preceding first SAF- or E...

I. Introduction

I. Introduction »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

Following broadly satisfactory growth, inflation, and external performance during the 1960s and 1970s, many low-income countries encountered serious economic difficulties in the early 1980s. These problems f...

II. The Setting

II. The Setting »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

The economic and social structures of the 19 countries under review made them unusually vulnerable to adverse weather and world market conditions as well as poor domestic financial policies. Incomes per capi...

III. Financial and Structural Policies: The Broad Front for Reform

III. Financial and Structural Policies: The Broad Front for Reform »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

The exceptionally weak economic performance and structural characteristics of the ESAF countries meant that a wide range of policy changes and reforms were needed. Generally, programs aimed at containing exc...

IV. External and Domestic Performance: Progress Toward External Viability and Sustained Growth

IV. External and Domestic Performance: Progress Toward External Viability and Sustained Growth »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

The structural reforms and macroeconomic policies in ESAF-supported programs were intended to promote two fundamental objectives: to make significant progress toward external viability and to create conditio...

V. Summary of Findings and Conclusions

V. Summary of Findings and Conclusions »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

The countries undertaking ESAF arrangements faced daunting obstacles. They had among the lowest per capita income levels in the world and weak foundations for growth—inadequate economic infrastructure and un...

1 Overview

1 Overview »

Source: External Performance in Low-Income Countries

Series: Occasional Papers

Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2011

ISBN: 9781616350536

Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets

This paper empirically investigates the external balance of low-income countries (LICs) by offering a coherent analysis of determinants of medium- to long-term real exchange rates, current accounts, and net...

2 Literature on the Main Determinants of External Balance

2 Literature on the Main Determinants of External Balance »

Source: External Performance in Low-Income Countries

Series: Occasional Papers

Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2011

ISBN: 9781616350536

Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets

This chapter reviews the determinants of the real effective exchange rate and of the current account, with particular emphasis on factors that play an important role for lower-income countries. Toward the en...