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Chapter 1 Building a Foundation for Sustained Growth

Chapter 1 Building a Foundation for Sustained Growth »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Over the past three decades, the countries of Central America along with Panama and the Dominican Republic—collectively referred to as CAPDR—have undergone a sustained economic tran...

Chapter 12: Financial Development and Inclusion

Chapter 12: Financial Development and Inclusion »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Financial development can unleash new growth sources by helping countries reap the benefits of globalization and make the transition to higher incomes. A recent focus ha...

Chapter 9 Fiscal Policy Reforms and Inequality: The Cases Of Honduras, Guatemala, and the Dominican Republic

Chapter 9 Fiscal Policy Reforms and Inequality: The Cases Of Honduras, Guatemala, and the Dominican Republic »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction The experience of some Central American countries shows that persistent income inequality can provoke social unrest, political instability, and macroeconomic imbalances....

Chapter III. Globalization and External Imbalances

Chapter III. Globalization and External Imbalances »

Source: World Economic Outlook, April 2005 : Globalization and External Balances

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2004

ISBN: 9781589064294

Keywords: remittances, debt, foreign assets, interest, oil prices

External current account deficits or surpluses in some major economic areas—notably the United States and Asia—have reached record-high levels, and expectations are that they will stay large or increase for...

Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?

Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States? »

Source: Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?

Volume/Issue: 2020/66

Series: IMF Working Papers

Author(s): Sami Ben Naceur , Ralph Chami , and Mohamed Trabelsi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2020

ISBN: 9781513545394

Keywords: Remittances; Financial inclusion; Financial Stability, Financial Development

This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels...

The Global Financial Crisis and Workers' Remittances to Africa

The Global Financial Crisis and Workers' Remittances to Africa »

Source: The Global Financial Crisis and Workers' Remittances to Africa : What's the Damage?

Volume/Issue: 2010/24

Series: IMF Working Papers

Author(s): Ralph Chami , Adolfo Barajas , Anjali Garg , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

ISBN: 9781451962413

Keywords: global crisis, remittance, migrant, host country, Economic Growth and Aggregate Productivity: General,

Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of the global eco...

Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries

Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries »

Source: Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries

Volume/Issue: 2012/089

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Fiscal Affairs Dept.;International Monetary Fund. Research Dept.;International Monetary Fund. African Dept.;International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 October 2012

ISBN: 9781498339766

Keywords: Capital inflows, Commodity price fluctuations, Cross country analysis, Economic indicators, External shocks, Fiscal policy, Fiscal risk, Foreign direct investment, Inward remittances, Low-income developing countries

The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012. Softening commodity prices have led to moderating inflation pressures in most LICs. However, progress i...

Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries

Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries »

Volume/Issue: 2012/089

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Fiscal Affairs Dept.;International Monetary Fund. Research Dept.;International Monetary Fund. African Dept.;International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 October 2012

DOI: http://dx.doi.org/10.5089/9781498339766.007

ISBN: 9781498339766

Keywords: Capital inflows, Commodity price fluctuations, Cross country analysis, Economic indicators, External shocks, Fiscal policy, Fiscal risk, Foreign direct investment, Inward remittances, Low-income developing countries

The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012. Softening commodity prices have led to moderating inflation pressures in most LICs. However, progress i...

The Implications of the Global Financial Crisis for Low-Income Countries-An Update

The Implications of the Global Financial Crisis for Low-Income Countries-An Update »

Volume/Issue: 2009/072

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2009

DOI: http://dx.doi.org/10.5089/9781498335416.007

ISBN: 9781498335416

Keywords: Commodity prices, Debt sustainability, Economic growth, Exchange rate policy, External financing, Financial crisis, Fiscal policy, Global Financial Crisis 2008-2009, Low-income developing countries, Monetary policy

Low-income countries are being hit hard by the global financial crisis. They are facing a sharp contraction in export growth, FDI inflows, and remittances, and lower-than-committed aid. But a marked recovery is in...

Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?

Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States? »

Volume/Issue: 2020/66

Series: IMF Working Papers

Author(s): Sami Ben Naceur , Ralph Chami , and Mohamed Trabelsi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2020

DOI: http://dx.doi.org/10.5089/9781513545394.001

ISBN: 9781513545394

Keywords: Remittances; Financial inclusion; Financial Stability, Financial Development

This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels...