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Chapter 2: Developments in the Global Economy and Financial Markets

Chapter 2: Developments in the Global Economy and Financial Markets »

Source: International Monetary Fund Annual Report 2009 : Fighting the Global Crisis

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2009

ISBN: 9781589068797

Keywords: financial stability, financial sector, balance of payments, financial system, poverty reduction

On the heels of a major financial crisis that originated in advanced country markets in 2007, the global economy sank in 2008-09 into the deepest recession since...

Chapter 6. Government Failure and Poverty Reduction in the CEMAC

Chapter 6. Government Failure and Poverty Reduction in the CEMAC »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The countries composing the Economic and Monetary Community of Central Africa (CEMAC) have some of the lowest social indicators in the world (Table 6.1). Although the Republic of Congo (hereafter “Congo”), E...

CHAPTER 2 IMF Country, Global, and Regional Surveillance

CHAPTER 2 IMF Country, Global, and Regional Surveillance »

Source: International Monetary Fund Annual Report 2000 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2000

ISBN: 9781557758439

Keywords: central bank, financial sector, financial statements, debt relief, balance of payments

Central to the IMF’s mandate of improving the operation of the international monetary system is its oversight (or “surveillance”) of the economic and financial policies of its member countries. IMF surveilla...

CHAPTER 5 Poverty Reduction and Debt Relief for Poor Countries

CHAPTER 5 Poverty Reduction and Debt Relief for Poor Countries »

Source: International Monetary Fund Annual Report 2000 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2000

ISBN: 9781557758439

Keywords: central bank, financial sector, financial statements, debt relief, balance of payments

The Committee urges all those with a stake in the HIPC Initiative to work for faster and effective implementation, and to give the HIPC process the highest priority so that as many countries as...

CHAPTER 4 Reform of the Global Financial Architecture

CHAPTER 4 Reform of the Global Financial Architecture »

Source: International Monetary Fund Annual Report 2000 : Making the Global Economy Work for All

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2000

ISBN: 9781557758439

Keywords: central bank, financial sector, financial statements, debt relief, balance of payments

The Committee’s deliberations have taken place today against the background of a growing public debate about the directions in which the IMF and the international financial system should evolve...

Chapter 3: Restoring Global Financial Stability

Chapter 3: Restoring Global Financial Stability »

Source: International Monetary Fund Annual Report 2009 : Fighting the Global Crisis

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2009

ISBN: 9781589068797

Keywords: financial stability, financial sector, balance of payments, financial system, poverty reduction

The extraordinary global financial crisis posed a host of serious policy challenges to most Fund members, as well as systemic risks to the global economy. The fu...

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Since the emphasis of this pamphlet is on the role of macroeconomic policy in supporting a country’s poverty reduction strategy, the discussion of macroeconomic policies in this section focuses on countries...

How Global Financial Markets Affect Sub-Saharan Africa

How Global Financial Markets Affect Sub-Saharan Africa »

Source: IMF Staff Papers, Volume 57, No. 1

Volume: 57

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2010

ISBN: 9781589069114

Keywords: debt overhang, debt relief, indebted countries, external debt, highly indebted countries

Do highly indebted countries suffer from a debt overhang? Can debt relief foster their growth rates? To answer these important questions, this article looks at how the debt-growth relation varies with indebtedness...

I. The Impact of the Global Financial Crisis on Sub-Saharan Africa

I. The Impact of the Global Financial Crisis on Sub-Saharan Africa »

Source: Regional Economic Outlook, April 2009, Sub-Sarahan Africa

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 April 2009

ISBN: 9781589068384

Keywords: financial systems, exchange rate regime, exporting countries, importing countries, oil-importing countries

How Recent Developments in the World Economy Are Affecting Sub-Saharan Africa Sub-Saharan Africa is clearly being affected by the global financial crisis. Initial hopes that prompt p...

II. Sub-Saharan African Financial Systems and the Global Financial Shock

II. Sub-Saharan African Financial Systems and the Global Financial Shock »

Source: Regional Economic Outlook, April 2009, Sub-Sarahan Africa

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 April 2009

ISBN: 9781589068384

Keywords: financial systems, exchange rate regime, exporting countries, importing countries, oil-importing countries

Introduction Financial systems in sub-Saharan African countries have so far been resilient to the global financial crisis. Although the crisis has exerted significant pressures on mo...