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Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons

Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons »

Source: Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons

Volume/Issue: 2013/32

Series: IMF Working Papers

Author(s): Nils Mæhle , Haimanot Teferra , and Armine Khachatryan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2013

ISBN: 9781557756695

Keywords: reforms, growth, exchange rate, foreign exchange, exchange rate regime, real effective exchange rate, effective exchange rate, General, Open Economy Macroeconomics, Economic Growth of Open Economies

Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies...

Monetary Transmission in Low Income Countries

Monetary Transmission in Low Income Countries »

Source: Monetary Transmission in Low Income Countries

Volume/Issue: 2010/223

Series: IMF Working Papers

Author(s): Peter Montiel , Antonio Spilimbergo , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455208883

Keywords: exchange rate, interest rate, institutions, bank lending, monetary transmission, central bank, government securities, Macroeconomic Analyses of Economic Development,

This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging economies. Given the wea...

Pity the Finance Minister

Pity the Finance Minister »

Source: Pity the Finance Minister : Issues in Managing a Substantial Scaling-Up of Aid Flows

Volume/Issue: 2005/180

Series: IMF Working Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451861990

Keywords: Aid donors, aid flows, exchange rate, real exchange rate, foreign exchange, Fiscal Policies and Behavior of Economic Agents: General, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development,

Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monet...

Government Spending Effects in Low-income Countries*

Government Spending Effects in Low-income Countries* »

Source: Government Spending Effects in Low-income Countries

Volume/Issue: 2015/286

Series: IMF Working Papers

Author(s): Wenyi Shen , Susan Yang , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

ISBN: 9781513578972

Keywords: Fiscal Policy, Low-income Countries, Public Investment, Fiscal Multipliers, Small Open DSGE Models, Aid, investment, government spending, exchange rate, exchange

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations,...

Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons

Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons »

Volume/Issue: 2013/32

Series: IMF Working Papers

Author(s): Nils Mæhle , Haimanot Teferra , and Armine Khachatryan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2013

DOI: http://dx.doi.org/10.5089/9781557756695.001

ISBN: 9781557756695

Keywords: reforms, growth, exchange rate, foreign exchange, exchange rate regime, real effective exchange rate, effective exchange rate, General, Open Economy Macroeconomics, Economic Growth of Open Economies

Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies...

Monetary Transmission in Low Income Countries

Monetary Transmission in Low Income Countries »

Volume/Issue: 2010/223

Series: IMF Working Papers

Author(s): Peter Montiel , Antonio Spilimbergo , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

DOI: http://dx.doi.org/10.5089/9781455208883.001

ISBN: 9781455208883

Keywords: exchange rate, interest rate, institutions, bank lending, monetary transmission, central bank, government securities, Macroeconomic Analyses of Economic Development,

This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging economies. Given the wea...

Pity the Finance Minister
			: Issues in Managing a Substantial Scaling-Up of Aid Flows

Pity the Finance Minister : Issues in Managing a Substantial Scaling-Up of Aid Flows »

Volume/Issue: 2005/180

Series: IMF Working Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451861990.001

ISBN: 9781451861990

Keywords: Aid donors, aid flows, exchange rate, real exchange rate, foreign exchange, Fiscal Policies and Behavior of Economic Agents: General, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development,

Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monet...

Government Spending Effects in Low-income Countries

Government Spending Effects in Low-income Countries »

Volume/Issue: 2015/286

Series: IMF Working Papers

Author(s): Wenyi Shen , Susan Yang , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

DOI: http://dx.doi.org/10.5089/9781513578972.001

ISBN: 9781513578972

Keywords: Fiscal Policy, Low-income Countries, Public Investment, Fiscal Multipliers, Small Open DSGE Models, Aid, investment, government spending, exchange rate, exchange

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations,...