Chapter

WORLD ECONOMIC OUTLOOK AND STAFF STUDIES FOR THE WORLD ECONOMIC OUTLOOK, SELECTED TOPICS, 1992–2001

Author(s):
International Monetary Fund. Research Dept.
Published Date:
October 2001
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1. Methodology—Aggregation, Modeling, and Forecasting

World Economic Outlook
The Accuracy of World Economic Outlook Projections for the Major Industrial CountriesMay 1992, Annex VIII
Revised Weights for the World Economic OutlookMay 1993, Annex IV
Structural Budget Indicators for Major Industrial CountriesOctober 1993, Annex I
The New Balance of Payments ManualMay 1994, Box 13
The Difficult Art of ForecastingOctober 1996, Annex I
World Current Account DiscrepancyOctober 1996, Annex III
Alternative Exchange Rate Assumptions for JapanOctober 1997, Box 2
Revised Purchasing Power Parity Based Weights for the World Economic OutlookMay 2000, Box A1
The Global Current Account DiscrepancyOctober 2000, Chapter I, Appendix II
How Well Do Forecasters Predict Turning PointsMay 2001, Box 1.1
The Information Technology Revolution: Measurement IssuesOctober 2001, Box 3.1
Measuring Capital Account LiberalizationOctober 2001, Box 4.1
The Accuracy of World Economic Outlook Growth Forecasts: 1991–2000December 2001, Box 3.1
Staff Studies for the World Economic Outlook
An Extended Scenario and Forecast Adjustment Model for Developing Countries Manmohan S. Kumar, Hossein Samiei, and Sheila BassettDecember 1993
How Accurate Are the World Economic Outlook Projections? Jose M. BarrionuevoDecember 1993
Purchasing Power Parity Based Weights for the World Economic Outlook Anne Marie Gulde and Marianne Schulze-GhattasDecember 1993
How Accurate Are the IMF’ Short-Term Forecasts? Another Examination of the World Economic Outlook Michael J. ArtisDecember 1997
IMF’s Estimates of Potential Output: Theory and Practice Paula R. De MasiDecember 1997
Multilateral Unit-Labor-Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries Anthony G. Turner and Stephen GolubDecember 1997

II. Historical Surveys

World Economic Outlook
The Postwar Economic AchievementOctober 1994, Chapter VI
Non-Oil Commodity PricesOctober 1994, Box 10
The Rise and Fall of Inflation—Lessons From Postwar ExperienceOctober 1996. Chapter VI
The World Economy in the Twentieth CenturyMay 2000, Chapter V
The Monetary System and Growth During the Commercial RevolutionMay 2000, Box 5.2
Staff Studies for the World Economic Outlook
Globalization and Growth in the Twentieth Century Nicholas CraftsMay 2000
The International Monetary System in the (very) Long Run Barry Eichengreen and Nathan SussmanMay 2000

III. Economic Growth—Sources and Patterns

World Economic Outlook
Convergence and Divergence in Developing CountriesMay 1993, Chapter IV
Trade as an Engine of GrowthMay 1993, Chapter VI
New Theories of Growth and TradeMay 1993, Box 9
Why Are Some Developing Countries Failing to Catch Up?May 1994, Chapter IV
The Postwar Economic AchievementOctober 1994, Chapter VI
Business Cycles and Potential OutputOctober 1994, Box 5
Economic ConvergenceOctober 1994, Box 11
Saving in a Growing World EconomyMay 1995, Chapter V
North-South R&D SpilloversMay 1995, Box 6
Long-Term Growth Potential in the Countries in TransitionOctober 1996, Chapter V
Globalization and the Opportunities for Developing CountriesMay 1997, Chapter IV
Measuring Productivity Gains in East Asian EconomiesMay 1997, Box 9
The Business Cycle, International Linkages, and Exchange RatesMay 1998, Chapter III
The Asian Crisis and the Region’s Long-Term Growth PerformanceOctober 1998, Chapter III
Potential Macroeconomic Implications of the Year 2000 Computer BugMay 1999, Box 1.2
Growth Divergences in the United States, Europe, and Japan: Long-Run Trend or Cyclical?October 1999, Chapter III
How Can the Poorest Countries Catch Up?May 2000, Chapter IV
Trends in the Human Development IndexMay 2000, Box 5.1
Productivity Growth and IT in the Advanced EconomiesOctober 2000, Chapter II
Transition: Experience and Policy IssuesOctober 2000, Chapter III
Business Linkages in Major Advanced CountriesOctober 2001, Chapter II
How Do Macroeconomic Fluctuations in the Advanced Countries Affect the Developing CountriesOctober 2001, Chapter II
Confidence SpilloversOctober 2001, Box 2.1
Channels of Business Cycle Transmission to Developing CountriesOctober 2001, Box 2.2
The Information Technology RevolutionOctober 2001, Chapter III
Has the IT Revolution Reduced Output VolatilityOctober 2001, Box 3.4
The Impact of Capital Account Liberalization on Economic PerformanceOctober 2001, Box 4.2
How Has September 11 Influenced the Global Economy?December 2001, Chapter II
The Long-Term Impact of September 11December 2001, Box 2.1
Staff Studies for the World Economic Outlook
How Large Was the Output Collapse in Russia? Alternative Estimates and Welfare Implications Evgeny Gavrilenkov and Vincent KoenSeptember 1995
Deindustrialization: Causes and Implications Robert Rowthorn and Ramana RamaswamyDecember 1997

IV. Inflation and Deflation; Commodity Markets

World Economic Outlook
Asset Price Deflation, Balance Sheet Adjustment, and Financial FragilityOctober 1992, Annex I
Monetary Policy, Financial Liberalization, and Asset Price InflationMay 1993, Annex I
Price StabilityMay 1993, Box 2
Oil Demand and Supply in the Medium TermMay 1993, Box 5
Hyperinflation and Chronic InflationOctober 1993, Box 8
The Rise and Fall of Inflation—Lessons from Postwar ExperienceOctober 1996, Chapter VI
World Oil Market: Recent Developments and OutlookOctober 1996, Annex II
Inflation TargetsOctober 1996, Box 8
Indexed Bonds and Expected InflationOctober 1996, Box 9
Effects of High Inflation on Income DistributionOctober 1996, Box 10
Central Bank Independence and InflationOctober 1996, Box 11
Recent Developments in Primary Commodity MarketsMay 1998, Annex II
Japan's Liquidity TrapOctober 1998, Box 4.1
Safeguarding Macroeconomic Stability at Low InflationOctober 1999, Chapter IV
Global LiquidityOctober 1999, Box 4.4
Cycles in Nonfuel Commodity PricesMay 2000, Box 2.2
Booms and Slumps in the World Oil MarketMay 2000, Box 2.3
Commodity Prices and Commodity Exporting CountriesOctober 2000, Chapter II
Developments in the Oil MarketsOctober 2000, Box 2.2
The Decline of Inflation in Emerging Markets: Can It Be Maintained?May 2001, Chapter IV
The Global Slowdown and Commodity PricesMay 2001, Chapter I,
Appendix 1
Why Emerging Market Countries Should Strive to Preserve Lower InflationMay 2001, Box 4.1
Is There a Relationship Between Fiscal Deficits and Inflation?May 2001, Box 4.2
Inflation Targeting in Emerging Market Economies: Implementation and ChallengesMay 2001, Box 4.3
How Much of a Concern is Higher Headline Inflation?October 2001, Box 1.2
Primary Commodities and Semiconductor MarketsOctober 2001, Chapter I,
Appendix 1
Staff Studies for the World Economic Outlook
”Boom and Bust” in Asset Markets in the 1980s: Causes and Consequences
Garry J. Schinasi and Monica HargravesDecember 1993
Prices in the Transition: Ten Stylized Facts
Vincent Koen and Paula R. De MasiDecember 1997

V. Fiscal Policy

World Economic Outlook
Structural Budget Indicators for Major Industrial CountriesOctober 1993, Annex I
Economic Benefits of Reducing Military ExpenditureOctober 1993, Annex II
Structural Fiscal Balances in Smaller Industrial CountriesMay 1995, Annex III
Can Fiscal Contraction Be Expansionary in the Short Run?May 1995, Box 2
Pension Reform in Developing CountriesMay 1995, Box 11
Effects of Increased Government Debt: Illustrative CalculationsMay 1995, Box 13
Subsidies and Tax ArrearsOctober 1995, Box 8
Focus on Fiscal PolicyMay 1996
The Spillover Effects of Government DebtMay 1996, Annex I
Uses and Limitations of Generational AccountingMay 1996, Box 5
The European Union's Stability and Growth PactOctober 1997, Box 3
Progress with Fiscal Reform in Countries in TransitionMay 1998, Chapter V
Pension Reform in Countries in TransitionMay 1998, Box 10
Transparency in Government OperationsMay 1998, Annex I
The Asian Crisis: Social Costs and Mitigating PoliciesOctober 1998, Box 2.4
Fiscal Balances in the Asian Crisis Countries: Effects of Changes
in the Economic Environment Versus Policy MeasuresOctober 1998, Box 2.5
Aging in the East Asian Economies: Implications for Government
Budgets and Saving RatesOctober 1998, Box 3.1
Orienting Fiscal Policy in the Medium Term in Light of the Stability
and Growth Pact and Longer-Term Fiscal NeedsOctober 1998, Box 5.2
Comparing G-7 Fiscal Positions—Who Has a Debt Problem?October 1999, Box 1.3
Social Spending, Poverty Reduction, and Debt Relief in Heavily Indebted
Poor CountriesMay 2000, Box 4.3
Fiscal Improvement in Advanced Economies: How Long Will It Last?May 2001, Chapter III
Impact of Fiscal Consolidation on Macroeconomic PerformanceMay 2001, Box 3.3
Fiscal Frameworks in Advanced and Emerging Market EconomiesMay 2001, Box 3.4
Staff Studies for the World Economic Outlook
An International Comparison of Tax Systems in Industrial Countries
Enrique G. Mendoza, Assaf Razin, and Linda L. TesarDecember 1993

VI. Monetary Policy; Financial Markets; Flow of Funds

World Economic Outlook
Monetary Policy, Financial Liberalization, and Asset Price InflationMay 1993, Annex I
Chronology of Events in the Recent Crisis in the European Monetary SystemOctober 1993, Box 3
Information Content of the Yield CurveMay 1994, Annex II
Saving in a Growing World EconomyMay 1995, Chapter V
Saving and Real Interest Rates in Developing CountriesMay 1995, Box 10
Financial Market Turmoil and Economic Policies in Industrial CountriesOctober 1995, Chapter III
Financial Liberalization in Africa and AsiaOctober 1995, Box 4
Policy Challenges Facing Industrial Countries in the Late 1990sOctober 1996, Chapter III
Using the Slope of the Yield Curve to Estimate Lags in Monetary
Transmission MechanismOctober 1996, Box 2
Financial RepressionOctober 1996, Box 5
Bank-Restructuring Strategies in the Baltic States, Russia, and Other
Countries of the Former Soviet Union: Main Issues and ChallengesOctober 1996, Box 7
Monetary and Financial Sector Policies in Transition CountriesOctober 1997, Chapter V
DollarizationOctober 1997, Box 6
Interim Assessment (Focus on Crisis in Asia—Regional and Global Implications)December 1997
Financial Crises: Characteristics and Indicators of VulnerabilityMay 1998, Chapter IV
The Role of Hedge Funds in Financial MarketsMay 1998, Box 1
International Monetary System: Measures to Reduce the Risk of CrisesMay 1998, Box 3
Resolving Banking Sector ProblemsMay 1998, Box 6
Effective Banking Prudential Regulations and RequirementsMay 1998, Box 7
Strengthening the Architecture of the International Monetary System
Through International Standards and Principles of Good PracticeOctober 1998, Box 1.2
The Role of Monetary Policy in Responding to Currency CrisesOctober 1998, Box 2.3
Summary of Structural Reforms in Crisis CountriesOctober 1998, Box 3.2
Japan's Liquidity TrapOctober 1998, Box 4.1
How Useful Are Taylor Rules as a Guide to ECB Monetary Policies?October 1998, Box 5.1
The Crisis in Emerging MarketsDecember 1998, Chapter II
Turbulence in Mature Financial MarketsDecember 1998, Chapter III
What Is the Implied Future Earnings Growth Rate that Would
Justify Current Equity Prices in the United States?December 1998, Box 3.2
LeverageDecember 1998, Box 3.3
The Near Collapse and Rescue of Long-Term Capital ManagementDecember 1998, Box 3.4
Risk Management: Progress and ProblemsDecember 1998, Box 3.5
Supervisory Reforms Relating to Risk ManagementDecember 1998, Box 3.6
Emerging Market Banking SystemsDecember 1998, Annex
International Financial ContagionMay 1999, Chapter III
From Crisis to Recovery in the Emerging Market EconomiesOctober 1999, Chapter II
Safeguarding Macroeconomic Stability at Low InflationOctober 1999, Chapter IV
The Effects of a Zero Floor for Nominal Interest Rates on Real
Output: Selected Simulation ResultsOctober 1999, Box 4.2
Asset Prices and Business CycleMay 2000, Chapter III
Global Liquidity and Asset PricesMay 2000, Box 3.2
International Capital Flows to Emerging MarketsOctober 2000, Chapter II
Developments in Global Equity MarketsOctober 2000, Chapter II
U.S. Monetary Policy and Sovereign Spreads in Emerging MarketsOctober 2000, Box 2.1
Impact of the Global Technology Correction on the Real EconomyMay 2001, Chapter II
Financial Market Dislocations and Policy Responses After the September 11 AttacksDecember 2001, Box 2.2
Investor Risk AppetiteDecember 2001, Box 2.3
Staff Studies far the World Economic Outlook
The Global Real Interest Rate
Thomas Helbling and Robert WescottSeptember 1995
A Monetary Impulse Measure for Medium-Term Policy Analysis
Bennett T. McCallum and Monica HargravesSeptember 1995
Saving Behavior in Industrial and Developing Countries
Paul R. Masson, Tamim Bayoumi, and Hossein SamieiSeptember 1995

VII. Labor Market Issues

World Economic Outlook
Fostering Job Creation, Growth, and Price Stability in Industrial CountriesMay 1994, Chapter III
Capital Formation and EmploymentMay 1995, Box 4
Implications of Structural Reforms Under EMUOctober 1997, Annex II
Euro-Area Structural RigiditiesOctober 1998, Box 5.3
Chronic Unemployment in the Euro Area: Causes and CuresMay 1999, Chapter IV
Labor Market Slack: Concepts and MeasurementMay 1999, Box 4.1
EMU and European Labor MarketsMay 1999, Box 4.2
Labor Markets—An Analytical FrameworkMay 1999, Box 4.3
The OECD Jobs StudyMay 1999, Box 4.4
The Effects of Downward Rigidity of Nominal Wages on (Un) employment:
Selected Simulation ResultsOctober 1999, Box 4.1
Staff Studies for the World Economic Outlook
Unemployment and Wage Dynamics in MULTIMOD
Leonardo Bartolini and Steve SymanskyDecember 1993
Evaluating Unemployment Policies: What Do the Underlying Theories Tell Us?
Dennis J. SnowerSeptember 1995
Institutional Structure and Labor Market Outcomes: Western Lessons for
European Countries in Transition
Robert J. FlanaganSeptember 1995
The Effect of Globalization on Wages in the Advanced Economies
Matthew J. Slaughter and Phillip SwagelDecember 1997
International Labor Standards and International Trade
Stephen GolubDecember 1997
EMU Challenges European Labor Markets
Rüdiger Soltwedel, Dirk Dohse, and Christiane Krieger-BodenMay 2000

VIII. Exchange Rate Issues

World Economic Outlook
Interim Assessment (Focus on Crisis in the European Monetary System)January 1993
Recent Changes in the European Exchange Rate MechanismOctober 1993, Chapter III
Chronology of Events in the Recent Crisis in the European Monetary SystemOctober 1993, Box 3
Striving for Stability: Realignment of the CFA FrancMay 1994, Box 8
Currency Arrangements in the Former Soviet Union and Baltic CountriesMay 1994, Box 10
Exchange-Rate-Based StabilizationMay 1994, Box 11
Exchange Market Reforms in AfricaOctober 1994, Box 3
Currency ConvertibilityOctober 1994, Box 7
Currency Substitution in Transition EconomiesOctober 1994, Box 8
Exchange Rate Effects of Fiscal ConsolidationOctober 1995, Annex
Exchange Rate Arrangements and Economic Performance in
Developing CountriesOctober 1997, Chapter IV
Asymmetric Shocks: European Union and the United StatesOctober 1997, Box 4
Currency BoardsOctober 1997, Box 5
The Business Cycle, International Linkages, and Exchange RatesMay 1998, Chapter III
Evaluating Exchange RatesMay 1998, Box 5
Determining Internal and External Conversion Rates for the EuroOctober 1998, Box 5.4
The Euro Area and Effective Exchange RatesOctober 1998, Box 5.5
Recent Dollar/Yen Exchange Rate MovementsDecember 1998, Box 3.1
International Financial ContagionMay 1999, Chapter III
Exchange Rate Crashes and Inflation: Lessons for BrazilMay 1999, Box 2.1
Recent Experience with Exchange-Rate-Based StabilizationsMay 1999, Box 3.1
The Pros and Cons of DollarizationMay 2000, Box 1.4
Why Is the Euro So Undervalued?October 2000, Box 1.1
Convergence and Real Exchange Rate Appreciation in the EU Accession CountriesOctober 2000, Box 4.4
What Is Driving the Weakness of the Euro and the Strength of the Dollar?May 2001, Chapter II
The Weakness of the Australian and New Zealand CurrenciesMay 2001, Box 2.1
How Did the September 11 Attacks Affect Exchange Rate Expectations?December 2001, Box 2.4
Staff Studies for the World Economic Outlook
Multilateral Unit-Labor-Cost-Based Competitiveness Indicators
for Advanced, Developing, and Transition Countries
Anthony G. Turner and Stephen GolubDecember 1997
Currency Crises: In Search of Common Elements
Jahangir Aziz, Francesco Caramazza and Ranil SalgadoMay 2000
Business Cycle Influences on Exchange Rates: Survey and Evidence
Ronald MacDonald and Phillip SuragelMay 2000

IX. External Payments, Trade, Capital Movements, and Foreign Debt

World Economic Outlook
Trade as an Engine of GrowthMay 1993, Chapter VI
New Theories of Growth and TradeMay 1993, Box 9
Is the Debt Crisis Over?October 1993, Box 5
The Uruguay Round: Results and ImplicationsMay 1994, Annex I
The Recent Surge in Capital Flows to Developing CountriesOctober 1994, Chapter IV
Currency ConvertibilityOctober 1994, Box 7
Trade Among the Transition CountriesOctober 1995, Box 7
World Current Account DiscrepancyOctober 1996, Annex III
Capital Inflows to Developing and Transition Countries—Identifying Causes
and Formulating Appropriate Policy ResponsesOctober 1996, Annex IV
Globalization—Opportunities and ChallengesMay 1997
Moral Hazard and IMF LendingMay 1998, Box 2
The Current Account and External SustainabilityMay 1998, Box 8
Review of Debt-Reduction Efforts for Low-Income Countries and Status of
the HIPC InitiativeOctober 1998, Box 1.1
Trade Adjustment in East Asian Crisis CountriesOctober 1998, Box 2.2
Are There Dangers of Increasing Protection?May 1999, Box 1.3
Trends and Issues in the Global Trading SystemOctober 1999, Chapter V
Capital Flows to Emerging Market Economies: Composition and VolatilityOctober 1999, Box 2.2
The Global Current Account DiscrepancyOctober 2000, Chapter I,
Appendix II
Trade Integration and Sub-Saharan AfricaMay 2001, Chapter II
Sustainability of the U.S. External Current AccountMay 2001, Box 1.2
Reducing External BalancesMay 2001, Chapter I,
Appendix 2
The World Trading System: From Seattle to DohaOctober 2001, Chapter II
International Financial Integration and Economic Performance: Impact on
Developing CountriesOctober 2001, Chapter IV
Potential Welfare Gains From a New Trade RoundOctober 2001, Box 2.3
Critics of a New Trade RoundOctober 2001, Box 2.4
Foreign Direct Investment and the Poorer CountriesOctober 2001, Box 4.3
Country Experiences with Sequencing Capital Account LiberalizationOctober 2001, Box 4.4
Contagion and Its CausesDecember 2001, Chapter I,
Appendix
Staff Studies far the World Economic Outlook
Foreign Direct Investment in the World Economy
Edward M. GrahamSeptember 1995

X. Regional Issues

World Economic Outlook
The Maastricht Agreement on Economic and Monetary UnionMay 1992, Annex II
Interim Assessment (Focus on Crisis in the European Monetary System)January 1993
Economic Performance and Financing Needs in AfricaOctober 1993, Box 6
Stabilization and Economic Reform in the Baltic CountriesOctober 1993, Box 7
Adjustment and Recovery in Latin America and the CaribbeanMay 1994, Annex III
European Economic IntegrationOctober 1994, Annex I
Adjustment in Sub-Saharan AfricaMay 1995, Annex II
Macroeconomic and Structural Adjustment in the Middle East and North AfricaMay 1996, Annex II
Stabilization and Reform of Formerly Centrally Planned Developing
Economies in East AsiaMay 1997, Box 10
EMU and the World EconomyOctober 1997, Chapter III
Implications of Structural Reforms Under EMUOctober 1997, Annex II
The European Union’s Stability and Growth PactOctober 1997, Box 3
Asymmetric Shocks: European Union and the United StatesOctober 1997, Box 4
Interim Assessment (Focus on Crisis in Asia—Regional and Global Implications)December 1997
The Asian Crisis and the Region’s Long-Term Growth PerformanceOctober 1998, Chapter III
Economic Policy Challenges Facing the Euro Area and the External
Implications of EMUOctober 1998, Chapter V
Economic Policymaking in the EU and Surveillance by EU InstitutionsOctober 1998, Chapter V,
Appendix
Chronic Unemployment in the Euro Area: Causes and CuresMay 1999, Chapter IV
Growth in Sub-Saharan Africa: Performance, Impediments, and
Policy RequirementsOctober 1999, Chapter VI
The Regional Economic Impact of the Kosovo CrisisOctober 1999, Box 1.5
Counting the Costs of the Recent CrisesOctober 1999, Box 2.6
Africa and World Trends in Military SpendingOctober 1999, Box 6.1
The Economic Impact of HIV/AIDS in Southern AfricaOctober 2000, Box 1.4
Accession of Transition Economies to the European Union:
Prospects and PressuresOctober 2000, Chapter IV
The IMF and the Transition EconomiesOctober 2000, Box 3.1
Previous EU EnlargementsOctober 2000, Box 4.2
The Enhanced HIPC Initiative in AfricaMay 2001, Box 1.4
Large Current Account Defecits in EU Accession CountriesMay 2001, Box 1.5
Africa's Trade and The Gravity ModelMay 2001, Box 2.2
The Implications of the Japanese Economic Slowdown for East AsiaOctober 2001, Box 1.4
Relative Euro-Area Growth Performances: Why are Germany and Italy
Lagging Behind France?October 2001, Box 1.5
Economic Growth, Civil Conflict, and Poverty Reduction in Sub-Saharan AfricaOctober 2001, Box 1.7
Information Technology and Growth in Emerging AsiaOctober 2001, Box 3.3
The IT Slump and Short-Term Growth Prospects in East AsiaOctober 2001, Box 3.5
The Effects of the September 11 Attacks on the Caribbean RegionDecember 2001, Box 3.3
Staff Studies for the World Economic Outlook
The Design of EMU
David BeggDecember 1997
The Great Contraction in Russia, the Baltics and Other Countries of
the Former Soviet Union: A View from the Supply Side
Mark De Brodck and Vincent KoenMay 2000

XI. Country-Specific Analyses

World Economic Outlook
Voucher Privatization in the Czech and Slovak Federal RepublicOctober 1992, Box 2
Currency Reform in EstoniaOctober 1992, Box 3
Economic Reforms, Growth, and Trade in ChinaMay 1993, Box 4
Economic Arrangements for the Czech-Slovak BreakupMay 1993, Box 6
India’s Economic ReboundOctober 1993, Box 1
Japan’s Trade SurplusOctober 1993, Box 2
The TreuhandanstaltOctober 1993, Box 9
Adjustment and Recovery in Latin America and the CaribbeanMay 1994, Annex III
Poland's Economic ReboundMay 1994, Box 9
Foreign Direct Investment in ChinaOctober 1994, Box 6
Factors Behind the Financial Crisis in MexicoMay 1995, Annex I
New Zealand's Structural Reforms and Economic RevivalMay 1995, Box 3
Brazil and KoreaMay 1995, Box 5
The Output Collapse in RussiaMay 1995, Box 8
Foreign Direct Investment in EstoniaMay 1995, Box 9
September 1995 Economic Stimulus Packages in JapanOctober 1995, Box 1
Uganda: Successful Adjustment Under Difficult CircumstancesOctober 1995, Box 3
Changing Wage Structures in the Czech RepublicOctober 1995, Box 6
Resolving Financial System Problems in JapanMay 1996, Box 3
New Zealand's Fiscal Responsibility ActMay 1996, Box 4
Deindustrialization and the Labor Market in SwedenMay 1997, Box 7
Ireland Catches UpMay 1997, Box 8
Foreign Direct Investment Strategies in Hungary and KazakhstanMay 1997, Box 12
China—Growth and Economic ReformsOctober 1997, Annex I
Alternative Exchange Rate Assumptions for JapanOctober 1997, Box 2
Hong Kong, China: Economic Linkages and Institutional ArrangementsOctober 1997, Box 9
Russia's Fiscal ChallengesMay 1998, Box 9
Japan's Economic Crisis and Policy OptionsOctober 1998, Chapter IV
Brazil's Financial Assistance Package and Adjustment ProgramDecember 1998, Box 1.1
Recent Developments in the Japanese Financial SystemDecember 1998, Box 1.2
Malaysia's Capital ControlsDecember 1998, Box 2.1
Hong Kong's Intervention in the Equity Spot and Futures MarketsDecember 1998, Box 2.2
Is China's Growth Overstated?December 1998, Box 4.1
Measuring Household Saving in the United StatesMay 1999, Box 2.2
Australia and New Zealand: Divergences, Prospects, and VulnerabilitiesOctober 1999, Box 1.1
The Emerging Market Crises and South AfricaOctober 1999, Box 2.1
Structural Reforms in Latin America: The Case of ArgentinaOctober 1999, Box 2.3
Malaysia's Response to the Financial Crisis: How Unorthodox Was It?October 1999, Box 2.4
Financial Sector Restructuring in Indonesia, Korea, Malaysia, and ThailandOctober 1999, Box 2.5
Turkey's IMF-Supported Disinflation ProgramMay 2000, Box 2.1
Productivity and Stock Prices in the United StatesMay 2000, Box 3.1
India: Reinvigorating the Reform ProcessMay 2000, Box 4.2
Risky Business: Output Volatility and the Perils of Forecasting in JapanOctober 2000, Box 1.2
China's Prospective WTO AccessionOctober 2000, Box 1.3
Addressing Barter Trade and Arrears in RussiaOctober 2000, Box 3.3
Fiscal Decentralization in Transition Economies: China and RussiaOctober 2000, Box 3.5
Accession of Turkey to the European UnionOctober 2000, Box 4.3
Japan's Recent Monetary and Structural Policy InitiativesMay 2001, Box 1.3
Japan: A Fiscal Outlier?May 2001, Box 3.1
Financial Implications of the Shrinking Supply of U.S. Treasury SecuritiesMay 2001, Box 3.2
The Growth-Poverty Nexus in IndiaOctober 2001, Box 1.6
Has U.S. TFP Growth Accelerated Outside of the IT Sector?October 2001, Box 3.2
Fiscal Stimulus and the Outlook for the United StatesDecember 2001, Box 3.2
Argentina: An Uphill Struggle to Regain ConfidenceDecember 2001, Box 3.4
Staff Studies for the World Economic Outlook
How Large Was the Output Collapse in Russia? Alternative Estimates and
Welfare Implications
Evgeny Gavrilenkov and Vincent KoenSeptember 1995
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