|The Economic Impact of IMF-Supported Programs in Low-Income Countries|
Author/Editor: Yasemin Bal-Gunduz, Christian Ebeke, Burcu Hacibedel, Linda Kaltani, Vera V Kehayova, Chris Lane, Christian Mumssen, Nkunde Mwase, Joseph Thornton.
Release Date:October, 2013
This paper aims to assess the economic impact of the IMF&#x2019;s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first more...
|Assessing Reserve Adequacy in Low-Income Countries|
Author/Editor: Valerio Crispolti, Era Dabla-Norris, Jun Il Kim, Kazuko Shirono, George C. Tsibouris.
Release Date:March, 2013
Low-income countries routinely experience exogenous disturbances&#x2014;sharp swings in the terms of trade, export demand, natural disasters, and volatile financial flows&#x2014;that more...
|The Challenge of Public Pension Reform in Advanced and Emerging Economies|
Author/Editor: Benedict J. Clements, David Coady, Frank Eich, Sanjeev Gupta, Alvar Kangur, Baoping Shang, Mauricio Soto.
Release Date:January, 2013
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as more...
|ASEAN Chronicles: Trade Exposure, Regional Integration, and Global Rebalancing|
Author/Editor: Sanjay Kalra.
Release Date:July, 2011
Since the Asian crisis of the late 1990s, many well-documented trends have irrevocably altered the global economy-the rise of China, the relative decline of Japan, and the consumption boom in the more...
|Exchange Rate Regimes and the Stability of the International Monetary System|
Author/Editor: Atish R. Ghosh, Jonathan David Ostry, Charalambos G. Tsangarides.
Release Date:March, 2011
The member countries of the International Monetary Fund collaborate to try to assure orderly exchange arrangements and promote a stable system of exchange rates, recognizing that the essential more...
|External Performance in Low-Income Countries|
Author/Editor: Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick, Thierry Tressel.
Release Date:March, 2011
Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically more...
|Making Fiscal Decentralization Work|
Author/Editor: Annalisa Fedelino.
Release Date:October, 2010
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the more...
|The Role of the Exchange Rate in Inflation-Targeting Emerging Economies|
Author/Editor: Anna Nordstrom, Scott Roger, Mark R. Stone, Seiichi Shimizu, Turgut Kisinbay, Jorge Restrepo.
Release Date:November, 2009
This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and more...
|Structural Reforms and Economic Performance in Advanced and Developing Countries|
Author/Editor: Antonio Spilimbergo, Alessandro Prati, Jonathan David Ostry.
Release Date:October, 2009
This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate more...
|Fiscal Implications of the Global Economic and Financial Crisis|
Release Date:September, 2009
The economic and financial crisis is affecting the fiscal accounts of virtually every country. Public sector support for the financial system, fiscal stimulus and the automatic stabilizers, as well more...