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Social Science > Poverty and Homelessness

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Cover IMF Staff Country Reports
Democratic Republic of the Congo: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper takes stock of poverty in the Democratic Republic of the Congo (DRC). Poverty has receded in the DRC over the last decade on the back of gradual stabilization in the security and political situation, strong economic growth, and sharp decline in inflationary pressures. Most social indicators also improved during the period. However, poverty remains pervasive with a level still among the highest in sub-Saharan Africa, and DRC will likely not achieve any of the Millennium Developments Goals by 2015. Policy actions should focus on fostering the development of labor-intensive sector, increasing social spending, and redirecting public resources to the poorest regions of the country.
Keywords:
ISCR; CR; Congo; budget; rate; export diversification; B. Benchmarking DRC; world development indicator; execution revenue gap; execution expenditure gap; Mining sector; Export diversification; Financial inclusion; Exports; Global; Africa; Sub-Saharan Africa; Southern Africa
Cover IMF Staff Country Reports
Chile: Selected Issues
International Monetary Fund
The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It reviews the current state of liquidity in the Chilean fixed-income markets and developments and impediments to the supply of corporate bonds to the market. The paper considers a number of microstructure issues, transparency in the Over-the-Counter (OTC) market, addresses the role of public debt in facilitating development of the financial markets, and discusses a potential debt management framework that would support the development of a liquid public debt market.
Keywords:
ISCR; CR; market; market participant; Chile; bond; fixed-income market; short-to-medium-run inflation; review market development; central bank staff; Poverty reduction; Pension spending; Securities markets; Europe; Africa; Australia and New Zealand; Southeast Asia; East Asia