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Trade Openness and Growth

Trade Openness and Growth »

Source: Trade Openness and Growth : Pursuing Empirical Glasnost

Volume/Issue: 2007/156

Series: IMF Working Papers

Author(s): Andreas Billmeier , and Tommaso Nannicini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867206

Keywords: trade openness, growth, matching estimators, synthetic control, gdp per capita, real gdp, trade liberalization,

Studies of the impact of trade openness on growth are based either on cross-country analysis-which lacks transparency-or case studies-which lack statistical rigor. We apply transparent econometric methods drawn fro...

Macroeconomic Policies and Poverty Reduction

Macroeconomic Policies and Poverty Reduction »

Source: Macroeconomic Policies and Poverty Reduction : Stylized Facts and an Overview of Research

Volume/Issue: 2001/135

Series: IMF Working Papers

Author(s): Paul Cashin , Catherine Pattillo , Ratna Sahay , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2001

ISBN: 9781451855708

Keywords: Macroeconomic policies, trade liberalization, distribution of income, external debt, per capita income, Open Economy Macroeconomics, Measurement and Analysis of Poverty, Comparative Studies of Countries,

This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty reduction. Using the Human Development Index as a measure of well-being, the progress made by 1...

The Stabilizing Role of the Compensatory Financing Facility

The Stabilizing Role of the Compensatory Financing Facility »

Source: The Stabilizing Role of the Compensatory Financing Facility : Empirical Evidence and Welfare Implications

Volume/Issue: 1988/108

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 December 1988

ISBN: 9781451946284

Keywords: export earnings, exporters, export shortfalls, fuel exporters

Purchases under the compensatory financing facility, the IMF’s largest special facility, accounted for more than one quarter of total credit extended by the IMF over the period 1976 to 1985. Given the size o...

Wage Expenditures of Central Governments

Wage Expenditures of Central Governments »

Source: Wage Expenditures of Central Governments

Volume/Issue: 1995/11

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451842739

Keywords: expenditures, wage, wage expenditures, expenditure

Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average). Regression analysis indicates that federations, countries with high populations and high per...

Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World1

Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World1 »

Source: Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World

Volume/Issue: 2014/122

Series: IMF Working Papers

Author(s): Elva Bova , Nathalie Carcenac , and Martine Guerguil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2014

ISBN: 9781498305525

Keywords: fiscal policty, cyclicality, developing economies, fiscal rule, budget balance, fiscal institutions, Structure and Scope of Government, Deficit, Open Economy Macroeconomics,

This paper documents the spread of fiscal rules in the developing world and investigates the relation between fiscal rules and procyclical fiscal policy. We find that, since the early 2000s, developing countries ou...

The Global Financial Crisis - Explaining Cross-Country Differences in the Output Impact

The Global Financial Crisis - Explaining Cross-Country Differences in the Output Impact »

Source: The Global Financial Crisis - Explaining Cross-Country Differences in the Output Impact

Volume/Issue: 2009/280

Series: IMF Working Papers

Author(s): R. Gelos , Robert Rennhack , James Walsh , and Pelin Berkmen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2009

ISBN: 9781451874259

Keywords: Global crisis, transmission of shocks, cross-country linkages, current account balance, exchange rate, exchange rates,

We provide one of the first attempts at explaining the differences in the crisis impact across developing countries and emerging markets. Using cross-country regressions to explain the factors driving growth foreca...

Sovereign Borrowing by Developing Countries

Sovereign Borrowing by Developing Countries »

Source: Sovereign Borrowing by Developing Countries : What Determines Market Access?

Volume/Issue: 2004/221

Series: IMF Working Papers

Author(s): R. Gelos , Guido Sandleris , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451875263

Keywords: syndicated bank loans, market access, capital flows, private capital flows, credit markets, capital market,

What determines the ability of governments from developing countries to access international credit markets? We examine this question using detailed data on sovereign bond issuances and public syndicated bank loans...

Central Bank Autonomy

Central Bank Autonomy »

Source: Central Bank Autonomy : Lessons from Global Trends

Volume/Issue: 2007/88

Series: IMF Working Papers

Author(s): Bernard Laurens , Martin Sommer , Marco Arnone , and Jean-François Segalotto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866520

Keywords: political autonomy, economic autonomy, central bank, monetary fund,

We calculate indexes of central bank autonomy (CBA) for 163 central banks as of end-2003, and comparable indexes for a subgroup of 68 central banks as of the end of the 1980s. The results confirm strong improvement...

Selected WTO Rules and Some Implications for Fund Policy Advice

Selected WTO Rules and Some Implications for Fund Policy Advice »

Source: Selected WTO Rules and Some Implications for Fund Policy Advice

Volume/Issue: 1996/23

Series: IMF Working Papers

Author(s): Thierry Buchs

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1996

ISBN: 9781451921113

Keywords: export subsidies, export performance, trade-related investment, trade-related investment measures, transition economies

The paper surveys six WTO agreements selected on the basis of their potential relevance for Fund-supported programs, namely Customs Valuation, Subsidies, Safeguards, Antidumping, Trade-Related Investment Measures,...

The Quality of Governance

The Quality of Governance »

Source: The Quality of Governance : 'Second-Generation' Civil Service Reform in Africa

Volume/Issue: 1998/164

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1998

ISBN: 9781451980240

Keywords: human capital, migration, growth, wage, wages, salary, salaries

This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era t...