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Business and Economics > Finance: General

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  • Type: Journal Issue x
  • Yemen, Republic of x
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Cover Ieo Evaluation Report IMF Technical Assistance 2005
Ieo Evaluation Report IMF Technical Assistance 2005
International Monetary Fund. Independent Evaluation Office

Abstract

This evaluation examines the technical assistance (TA) provided by the IMF to its member countries. The evaluation is based on desk reviews of a broad sample of countries, analyses of cross-country data on TA, six in-depth country case studies, reviews of past evaluations, and interviews with IMF staff and other stakeholders. The objective of the IMF TA is to contribute to the development of the productive resources of member countries by enhancing the effectiveness of economic policy and financial management.

Keywords:
IEOR; IEO; IMF TA; TA activity; TA priority; TA resource; IMF TA activity; Tax administration core functions; Civil service; Commercial banks; Tax collection; Global; Sub-Saharan Africa; Europe; West Africa; Baltics; Asia and Pacific; Financial Sector Assessment Program
Cover IMF Survey
IMF Survey, Volume 34, Issue 04
International Monetary Fund. External Relations Dept.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
Keywords:
SV; HIPC assistance; reform effort; Comoros program; economy; IMF quota; IMF's executive board; Structural reforms; Poverty reduction strategy; Monetary policy transparency; Inflation targeting; Money markets; Sub-Saharan Africa; Global; Maghreb; Caribbean
Cover IMF Working Papers
What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?
Mr. Selim A Elekdag
,
Mr. Saade Chami
, and
Mr. Ivan Tchakarov
This paper uses a variant of the IMF's Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen's full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and the GCC countries, several simulations were carried out to estimate the potential impact of economic integration on both. The paper draws two fundamental conclusions. First, further steps in regional integration would enhance competition and produce large economic benefits for both Yemen and the GCC countries. In particular, we show that in some cases economic integration could increase GDP in Yemen by as much as 18 percent and in the GCC by as much as 20 percent over the long run. Second, even if market structures do not improve substantially, GCC enlargement can still generate substantial spillover gains with consumption increasing by up to 7 percent in Yemen and 8 percent in the GCC, respectively.
Keywords:
WP; GCC country; GCC; labor market; regional integration; competition; IMF’s Global Economy Model (GEM); goods market; Yemeni product markets; GCC enlargement; GCC member; GCC Labor; GCC block; market power; Labor markets; Consumption; Real exchange rates; Commodity markets; Global
Cover IMF Survey
IMF Survey, Volume 30, Issue 06
International Monetary Fund. External Relations Dept.
On March 1, IMF Managing Director Horst Köhler announced the establishment of the International Capital Markets Department in the IMF. Below are edited excerpts from a March 2 press briefing by Kõhler and First Deputy Managing Director Stanley Fischer on that decision and on the IMF's response to financial crises, including Turkey (www.imf.org/imfsurvey).
Keywords:
SV; donor grant; IMF Treasurer's Department; reconstruction budget; growth facility; IMF's website; IMF staff country; Capital markets; Inflation; Current account deficits; International capital markets; Global; Europe; Asia and Pacific; Africa
Cover IMF Survey
IMF Survey: Volume 28, Issue 07
International Monetary Fund. External Relations Dept.
IMF Managing Director Michel Camdessus visited Moscow from March 27 to March 29 and met with Russian Prime Minister Yevgeny Primakov and other senior officials. On March 29, Camdessus and Primakov issued a joint communique, the text of which follows.
Keywords:
SV; SDR; IMF mission; IMF publications catalog; IMF's Records Division; Policy implementation; IMF article; IMF survey; Policy framework paper; IMF's website; Offshore financial centers; Capital flows; Capital inflows; Exchange rate arrangements; Exchange rate policy; Global; Asia and Pacific; Africa; Central and Eastern Europe; East Asia
Cover International Financial Statistics Supplement on International Reserves
International Financial Statistics Supplement on International Reserves
International Monetary Fund. Statistics Dept.

Abstract

This paper presents the Supplement on international reserves, the sixth in the series of supplements to International Financial Statistics (IFS) that comprises textual material commencing with an historical perspective of international reserves. This is followed by a discussion on the methodology covering the concepts underlying the reserves data in IFS: the data collection and presentation procedures; the related data in the money and banking, and balance-of-payments sections in IFS; and a summary of the national concepts of reserves. Statistics on international reserves are important indicators of the external economic performance of countries. A country's holdings of international reserves represent its ability to meet balance of payments needs through official financial settlements. The establishment of the IMF led to the creation of a reserve asset in the form of a gold tranche position reflecting a member's subscription to the IMF in gold. To the extent that the IMF made use of a member's currency in drawings of other countries, a creation of new reserves was involved.

Keywords:
IF; IFS; gold in national valuation; gold in physical unit; reserves minus Gold; U.S. Dollar conversion factors; total reserve; reserves data; Gold; Gold reserves; International reserves; Reserve assets; Africa; Middle East; Western Hemisphere; Europe; Global
Cover Summary Proceedings of the Twenty-Fourth Annual Meeting of the Board of Governors, 1969
Summary Proceedings of the Twenty-Fourth Annual Meeting of the Board of Governors, 1969
International Monetary Fund. Secretary's Department

Abstract

The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings

Keywords:
AS; sc; C. de Kock; fund documents no; IMF b; reference list; audit report; stability of price levels; International monetary system; Currencies; Adjustment process; International liquidity; Auditing; Global; Central America; Africa; West Africa; Asia and Pacific; Exchange rate flexibility; Caribbean