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Regional Spillovers in Sub-Saharan Africa

Regional Spillovers in Sub-Saharan Africa »

Source: Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Sub-Saharan African Migration

Sub-Saharan African Migration »

Source: Sub-Saharan African Migration : Patterns and Spillovers

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

Regional Spillovers in Sub-Saharan Africa
			: Exploring Different Channels

Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels »

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

DOI: http://dx.doi.org/10.5089/9781484367148.062

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Sub-Saharan African Migration
			: Patterns and Spillovers

Sub-Saharan African Migration : Patterns and Spillovers »

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

DOI: http://dx.doi.org/10.5089/9781475546668.062

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

What Does Aid Do to Fiscal Policy? New Evidence

What Does Aid Do to Fiscal Policy? New Evidence »

Source: What Does Aid Do to Fiscal Policy? New Evidence

Volume/Issue: 2016/112

Series: IMF Working Papers

Author(s): Jean-Louis Combes , Rasmané Ouedraogo , and Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 2016

ISBN: 9781484382691

Keywords: Foreign aid, Fiscal policy, Tax displacement, Fungibility, Aid illusion.

Foreign aid is a sizable source of government financing for several developing countries and its allocation matters for the conduct of fiscal policy. This paper revisits fiscal effects of shifts in aid dependency i...

A Probabilistic Approach to Fiscal Space and Prudent Debt Level

A Probabilistic Approach to Fiscal Space and Prudent Debt Level »

Source: A Probabilistic Approach to Fiscal Space and Prudent Debt Level : Application to Low-Income Developing Countries

Volume/Issue: 2016/163

Series: IMF Working Papers

Author(s): Olumuyiwa Adedeji , Calixte Ahokpossi , Claudio Battiati , and Mai Farid

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2016

ISBN: 9781475523607

Keywords: Fiscal space, debt dynamics, low-income developing countries

What constitutes fiscal space or a prudent level of debt to conduct countercyclical policy while ensuring debt sustainability? This paper addresses the question by exploring the relationship between debt dynamics,...

Debt Sustainability in Low-Income Countries

Debt Sustainability in Low-Income Countries »

Source: Debt Sustainability in Low-Income Countries : Policies, Institutions, or Shocks?

Volume/Issue: 2017/114

Series: IMF Working Papers

Author(s): Yasemin Bal Gunduz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2017

ISBN: 9781475599732

Keywords: Low-income countries, external debt sustainability, General, International Lending and Debt Problems

This paper estimates the determinants of external debt distress in low-income countries (LICs), disentangling the roles of institutions, shocks, and policies. The most prominent factors in raising the risk of debt...

Tax Revenue Mobilization Episodes in Emerging Markets and Low-Income Countries: Lessons from a New Dataset

Tax Revenue Mobilization Episodes in Emerging Markets and Low-Income Countries: Lessons from a New Dataset »

Source: Tax Revenue Mobilization Episodes in Emerging Markets and Low-Income Countries: Lessons from a New Dataset

Volume/Issue: 2018/234

Series: IMF Working Papers

Author(s): Bernardin Akitoby , Anja Baum , Clay Hackney , Olamide Harrison , Keyra Primus , and Veronique Salins

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2018

ISBN: 9781484361535

Keywords: Tax policy, Revenue administration, tax revenue mobilization, General

How do countries mobilize large tax revenue-defined as an average increase in the tax-to-GDP ratio of 0.5 percent per year over three years or more? To answer this question, we build a novel dataset covering 55 epi...

Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?1

Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?1 »

Source: Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?

Volume/Issue: 2016/142

Series: IMF Working Papers

Author(s): Ernesto Crivelli , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 July 2016

ISBN: 9781498379847

Keywords: Foreign aid; Tax revenue reform; structural conditionality

This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of foreign aid on tax revenues. The analysis-carried out on panel data covering 1993-2012 for 111...

The Distributional Effects of Government Spending Shocks in Developing Economies

The Distributional Effects of Government Spending Shocks in Developing Economies »

Source: The Distributional Effects of Government Spending Shocks in Developing Economies

Volume/Issue: 2018/57

Series: IMF Working Papers

Author(s): Davide Furceri , Jun Ge , Prakash Loungani , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2018

ISBN: 9781484345412

Keywords: Fiscal policy, Fiscal shocks, Inequality, Income distribution

We construct unanticipated government spending shocks for 103 developing countries from 1990 to 2015 and study their effects on income distribution. We find that unanticipated fiscal consolidations lead to a long-l...