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The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : Selected Issues

Volume/Issue: 2008/259

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2008

ISBN: 9781451812817

Keywords: high inflation, exchange rate, public sector, international monetary fund

This Selected Issues paper examines the causes of recent inflation in Ethiopia and discusses possible policy responses. Inflation in Ethiopia has reached a historical peak. Following a drought-related surge of food...

The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document

Volume/Issue: 2004/116

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2004

ISBN: 9781451812701

Keywords: debt relief, debt service, external debt, debt sustainability

This paper assesses Ethiopia's economic progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) Initiative, and seeks approval of the IMF staff for the completion point under the initiativ...

External Debt Sustainability in HIPC Completion Point Countries: An Update

External Debt Sustainability in HIPC Completion Point Countries: An Update »

Source: External Debt Sustainability in HIPC Completion Point Countries : An Update

Volume/Issue: 2009/128

Series: IMF Working Papers

Author(s): Jie Yang , and Dan Nyberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2009

ISBN: 9781451872750

Keywords: External Debt Sustainability, HIPCs, Low-Income Countries, debt sustainability, external debt, debt relief,

Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainab...

Next Steps for China

Next Steps for China »

Source: Finance & Development, September 2005

Volume/Issue: 42/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 September 2005

ISBN: 9781451953985

Keywords: monetary fund, website, inflation, press, facsimile

This paper explores why increased aid flows require economic policymakers to confront some specific issues. Ensuring that increased aid promotes growth and reduces poverty is certainly the most important task. Empi...

Fiscal Revenue and Inflationary Finance

Fiscal Revenue and Inflationary Finance »

Source: Fiscal Revenue and Inflationary Finance

Volume/Issue: 1990/48

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1990

ISBN: 9781451972184

Keywords: inflation rate, rate of inflation, monetary base, inflation tax

This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase i...

Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth

Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth »

Source: Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth

Volume/Issue: 2014/230

Series: IMF Working Papers

Author(s): Sandra Marcelino , and Ivetta Hakobyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 December 2014

ISBN: 9781498369671

Keywords: Growth, debt, debt burden, debt sustainability, external debt, International Lending and Debt Problems, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,

In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative-a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable leve...

Foreign Aid and Consumption Smoothing

Foreign Aid and Consumption Smoothing »

Source: Foreign Aid and Consumption Smoothing : Evidence From Global Food Aid

Volume/Issue: 2003/40

Series: IMF Working Papers

Author(s): Erwin Tiongson , Benedict Clements , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2003

ISBN: 9781451845990

Keywords: Food aid, consumption smoothing, food availability, food production, food security,

Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid wit...

The Value-Added Tax

The Value-Added Tax »

Source: The Value-Added Tax : Its Causes and Consequences

Volume/Issue: 2007/183

Series: IMF Working Papers

Author(s): Ben Lockwood , and Michael Keen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867473

Keywords: vat, tax ratio, taxation, tax system, Value-added Tax, Tax Reform,

Has the VAT proved, as its proponents claim, an especially effective form of taxation? To address this, this paper first shows that a tax innovation-such as the introduction of a VAT- reduces the marginal cost of p...

12 Tax Policy in Developing Countries: Some Lessons from the 1990s and Some Challenges Ahead

12 Tax Policy in Developing Countries: Some Lessons from the 1990s and Some Challenges Ahead »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

Burgess and Stern (1993). While experiences have naturally varied quite significantly across countries over this decade, and although 10 years is a relatively short period in the...

11 The Efficiency of Government Expenditure: Experiences from Africa

11 The Efficiency of Government Expenditure: Experiences from Africa »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

1. Introduction...