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The Impact of External Indebtednesson Poverty in Low-Income Countries

The Impact of External Indebtednesson Poverty in Low-Income Countries »

Volume/Issue: 2003/61

Series: IMF Working Papers

Author(s): Kadima Kalonji , Boileau Loko , Raj Nallari , and Montfort Mlachila

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2003

DOI: http://dx.doi.org/10.5089/9781451848199.001

ISBN: 9781451848199

Keywords: Growth, mortality rate, life expectancy, debt service, infant mortality, International Lending and Debt Problems, Welfare and Poverty, Macroeconomics and Monetary Economics, Growth and Fluctuations,

This paper explores the relationship between external debt and poverty. A number of observers have argued that high external indebtedness is a major cause of poverty. Using the first-differenced general method of m...

The Impact of External Indebtednesson Poverty in Low-Income Countries

The Impact of External Indebtednesson Poverty in Low-Income Countries »

Source: The Impact of External Indebtednesson Poverty in Low-Income Countries

Volume/Issue: 2003/61

Series: IMF Working Papers

Author(s): Kadima Kalonji , Boileau Loko , Raj Nallari , and Montfort Mlachila

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2003

ISBN: 9781451848199

Keywords: Growth, mortality rate, life expectancy, debt service, infant mortality, International Lending and Debt Problems, Welfare and Poverty, Macroeconomics and Monetary Economics, Growth and Fluctuations,

This paper explores the relationship between external debt and poverty. A number of observers have argued that high external indebtedness is a major cause of poverty. Using the first-differenced general method of m...

Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa

Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa »

Source: Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa

Volume: 09

Series: Departmental Papers / Policy Papers

Author(s): Stella Kaendera , S. V. S. Dixit , and Nabil Ben Ltaifa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2009

ISBN: 9781462389889

Keywords: Exchange rate stability, Exchange rates, exchange rate, foreign exchange, global financial crisis, foreign exchange market

This paper studies the evolution of the exchange rates of sub-Saharan African currencies in the context of the global financial crisis. In particular, it analyzes the reasons behind the differences in the magnitude...

Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth »

Source: Inequality, Gender Gaps and Economic Growth : Comparative Evidence for Sub-Saharan Africa

Volume/Issue: 2016/111

Series: IMF Working Papers

Author(s): Dalia Hakura , Mumtaz Hussain , Monique Newiak , Vimal Thakoor , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2016

ISBN: 9781484382349

Keywords: Income inequality, gender inequality, economic growth, and sub-Saharan Africa

A growing body of empirical evidence suggests that inequality-income or gender related-can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gen...

Kenya: 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria—Informational Annex

Kenya: 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria—Informational Annex »

Source: Kenya : 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria: Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

Volume/Issue: 2009/137

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2009

ISBN: 9781451821239

Keywords: debt, interest, budget, external debt, debt service

Three years of broad-based economic recovery in Kenya brought GDP growth to nearly 6 percent in 2005/06, its highest in two decades. This 2006 Article IV Consultation focuses on how to sustain Kenya's recent strong...

Kenya: 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria—Supplementary Information, Revised Letter of Intent and Memorandum of Economic and Financial Policies

Kenya: 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria—Supplementary Information, Revised Letter of Intent and Memorandum of Economic and Financial Policies »

Source: Kenya : 2006 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Extension and Rephasing of the Arrangement, Reduction in Access, and Waiver of Performance Criteria: Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

Volume/Issue: 2009/137

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2009

ISBN: 9781451821239

Keywords: debt, interest, budget, external debt, debt service

Three years of broad-based economic recovery in Kenya brought GDP growth to nearly 6 percent in 2005/06, its highest in two decades. This 2006 Article IV Consultation focuses on how to sustain Kenya's recent strong...

Kenya: Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility

Kenya: Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility »

Source: Kenya : Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility

Volume/Issue: 2003/399

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2004

ISBN: 9781451821109

Keywords: expenditure, external debt, public expenditure, domestic debt, central bank

Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery Strategy for Wealth a...

Kenya: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waivers of Nonobservance of Performance Criteria Informational Annex

Kenya: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waivers of Nonobservance of Performance Criteria Informational Annex »

Source: Kenya : Third Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

Volume/Issue: 2009/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2009

ISBN: 9781451821222

Keywords: budget, debt, interest, central bank

This paper presents findings of the Third Review under the poverty reduction and growth facility arrangement for Kenya. The sharp spending increase budgeted for 2007/08 could exert pressures on domestic prices and...

4. Promoting Financial Inclusion

4. Promoting Financial Inclusion »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Access to traditional financial services in sub-Saharan Africa remains low relative to other regions, in particular for the poor, the uneducated, and women. Closing gaps in financial inclusion,...

Wage Inequality in the United Kingdom, 1975–99

Wage Inequality in the United Kingdom, 1975–99 »

Source: IMF Staff Papers, Volume 49, No. 3

Volume: 49

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2002

ISBN: 9781589061224

Keywords: money demand, banking crises, exchange rate, interest rates, international monetary fund

This paper empirically investigates the monetary impact of banking crises in Chile, Colombia, Denmark, Japan, Kenya, Malaysia, and Uruguay during 1975-98. Cointegration analysis and error correction modeling are us...