Abstract
This book, written by the staff of the IMF Institute, offers a series of workshops on Kenya that are used as a case study in the Institute's course on Financial Analysis and Policy for officials of IMF member countries. The workshops combine theory and practice for a better understanding of the use of major financial policy instruments in the management of national economies.
Abstract
This book written by the staff of the IMF Institute, offers a series of workshops on Kenya that are used as a case study in the Institute's course on Financial Analysis and Policy for officials of IMF member countries. The workshops combine theory and practice for a better understanding of the use of major financial policy instruments in the management of national economies.
Abstract
In its courses on Financial Analysis and Policy, the IMF Institute for many years has utilized a set of integrated workshops designed to enable the participants to apply the analytical tools discussed in these courses to an actual situation in a member country of the International Monetary Fund. These workshops, which have been elaborated upon and refined over the years in the light of teaching experience, assist the participants in preparing a financial program for a given country. Such a program consists of a set of policies in the monetary, fiscal, and balance of payments fields to achieve a balance between financial resources and their use. Therefore, these workshops deal with the organization of statistical data in a relevant framework, the economic analysis of the data, and the formulation of policies to achieve desired objectives.
Abstract
In its courses on Financial Analysis and Policy, the IMF Institute for many years has utilized a set of integrated workshops designed to enable the participants to apply the analytical tools discussed in these courses to an actual situation in a member country of the International Monetary Fund. These workshops, which have been elaborated upon and refined over the years in the light of teaching experience, assist the participants in preparing a financial program for a given country. Such a program consists of a set of policies in the monetary, fiscal, and balance of payments fields to achieve a balance between financial resources and their use. Therefore, these workshops deal with the organization of statistical data in a relevant framework, the economic analysis of the data, and the formulation of policies to achieve desired objectives.
Abstract
This workshop provides background information and discusses possible techniques for forecasting balance of payments developments in Kenya during the period of a hypothetical financial program.1 Balance of payments forecasting is particularly important in developing countries with large foreign sectors2 and potentially unstable export receipts. Further, forecasting the possible need for balance of payments assistance and the impact of proposed adjustment policies represents a crucial element of financial programs linked to the use of the International Monetary Fund’s resources.
Abstract
This workshop provides background information and discusses possible techniques for forecasting balance of payments developments in Kenya during the period of a hypothetical financial program.1 Balance of payments forecasting is particularly important in developing countries with large foreign sectors2 and potentially unstable export receipts. Further, forecasting the possible need for balance of payments assistance and the impact of proposed adjustment policies represents a crucial element of financial programs linked to the use of the International Monetary Fund's resources.
Abstract
A financial program is a set of coordinated policy measures—mainly in the monetary, fiscal, and balance of payments fields—intended to achieve certain economic targets in a relatively short period of time. The task of setting economic targets, choosing policy instruments, and quantifying the appropriate magnitudes of the instruments required to reach the targets is described as financial programming.
Abstract
A financial program is a set of coordinated policy measures—mainly in the monetary, fiscal, and balance of payments fields—intended to achieve certain economic targets in a relatively short period of time. The task of setting economic targets, choosing policy instruments, and quantifying the appropriate magnitudes of the instruments required to reach the targets is described as financial programming.