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Africa > Malawi

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Investments: Commodities x
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Cover IMF Working Papers
External Debt Sustainability in HIPC Completion Point Countries: An Update
Jie Yang
and
Dan Nyberg
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 sustainability. It shows that in HIPC completion point countries (i) the export base broadly remains narrow; (ii) fiscal revenue mobilization lags behind in some countries; and (iii) policy and institutional frameworks are still relatively weak. Achieving and maintaining longterm debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new non-concessional borrowing.
Keywords:
WP; HIPC; HIPC country; HIPC Completion point countries; export; HIPC decision point; External Debt Sustainability; HIPCs; Low-Income Countries; HIPC completion; country grouping; HIPC CP country; export diversification; Exports; Debt sustainability; Export diversification; Agricultural commodities; Oil; Global
Cover Social Safety Nets
Social Safety Nets
Issues and Recent Experience

Abstract

The 14 papers that comprise this book, edited by Ke-young Chu and Sanjeev Gupta, provide a comprehensive review of the IMF's work on social safety nets. Part I provides a broad overview of the social concerns in structural policy and the basic work related to social safety nets. Part II deals with the design of social safety nets. Part III provides case studies on nine countries from different parts of the world.

Keywords:
BOOK; government; price; wage bill; retirement age; price effect; ESAF program; transition country; Income; Pension spending; Social assistance spending; Wages; Personal income; Eastern Europe; Baltics; Africa; Sub-Saharan Africa; Middle East; East Asia; Pensions; Caribbean
Cover IMF Working Papers
Economics, Politics, and Ethics of Primary Commodity Development: How Can Poor Countries in Africa Benefit the Most?
Uma J. Lele
,
Mr. James Jerome Gockowski
, and
Kofi Adu-Nyako
The critical role of agricultural commodities in the growth of low-income countries is examined. A combination of factors has resulted in declining agricultural prices, necessitating further increasing volumes by developing countries to maintain export earnings. But low growth in factor productivity in Africa compared to competitors caused declining export shares in African countries. A broad-based smallholder strategy based on producing commodities in which a country enjoys comparative advantage needs to be supported by productivity enhancing innovations in food and export commodities, a stable price environment, availability of infrastructure and access to credit. Such an environment requires partnership between government and private agents.
Keywords:
WP; maize price ratio; productivity gain; private sector; balance of payments; commodity price; price stabilization policy; export commodity; terms of trade; price variability result; price variability; commodity producer; public goods; variability result; commodity option; price distortion; Agricultural commodities; Agricultural sector; Agricultural exports; Exports; Africa; Asia and Pacific