Release Date: June, 2007

This Ex-Post Assessment of Longer-Term Program Engagement for Ghana explains its experience with particular attention to the IMF's role. Progress in structural reform was slow, but Ghana also avoided more...

Release Date: June, 2007

This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for Nepal. The PRGF-supported program is broadly on track. All quantitative performance more...

Release Date: April, 2007

This paper discusses key findings of the Third Annual Progress Report (APR) on the Poverty Reduction Strategy Paper (PRSP) for Guinea. The PRS implemented by the government since 2002 has the overall more...

Release Date: March, 2007

This paper discusses the Request from Gambia for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Additional Interim Assistance Under the Enhanced Initiative more...

Release Date: March, 2007

This 2006 Article IV Consultation highlights that Papua New Guinea is enjoying its fourth year of recovery and macroeconomic stability, but major challenges lie ahead. Sound macroeconomic policies more...

Author/Editor: Ricardo Adrogué, Martin D Cerisola, R G Gelos.

Release Date: December, 2006

This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation techniques, building on the vast empirical literature on growth. The empirical more...

Release Date: April, 2006

This paper discusses the First Progress Report on the implementation of the Poverty Reduction Strategy (PRS) in Serbia. The Poverty Reduction Strategy Paper (PRSP) for Serbia and its implementation more...

Release Date: September, 2005

This paper presents Indonesia's 2005 Article IV Consultation and Third Post-Program Monitoring discussions. The economic strategy has produced positive results over time. Economic growth has gained more...

Release Date: August, 2005

This paper focuses on expectations for the American economy focused on the likelihood of secular stagnation, which continued to be debated throughout the post-war period. Concerns rose during the more...

Author/Editor: Eliot Kalter, Steven Phillips, Manmohan Singh, Mauricio Villafuerte, Rodolfo Luzio, Marco A Espinosa-Vega.

Release Date: June, 2004

This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is more...

Author/Editor: R G Gelos, Alessandro Prati, Oya Celasun.

Release Date: June, 2004

Is backward-looking behavior in pricing or imperfect credibility of stabilization efforts responsible for the failure of inflation rates to decline to targeted levels during many disinflation more...

Author/Editor: William Lee, Jorge A. Chan-Lau, Dora M. Iakova, Papa M'B. P. N'Diaye, Tao Wang, Ida Liu, Hong Liang, Eswar Prasad.

Release Date: February, 2004

This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of more...

Author/Editor: Stéphane Cossé.

Release Date: April, 2003

This paper assesses the main issues faced by the energy sector in a transition economy such as Romania and their macroeconomic dimension. It examines how the size of quasi-fiscal subsidies, owing more...

Author/Editor: Ethan Weisman, Ebrima Faal, Philippe Egoume Bossogo, Raj Nallari.

Release Date: March, 2003

This book analyzes Guyana’s experience with macroeconomic stabilization and structural reforms between 1989 and 2000 and discusses the risks and challenges that the country faces in its more...