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Africa
			: Adjustment to the Challenges of Globalization

Africa : Adjustment to the Challenges of Globalization »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 1999

DOI: http://dx.doi.org/10.5089/9781557758293.071

ISBN: 9781557758293

Keywords: banking, expenditure, trade liberalization, civil service, banking system

Sub-Saharan Africa needs much faster economic growth and more effective economic, financial, and social policies if it is to make up for lost ground and reduce the number of people living in abject poverty. Edited...

3 Aid, Growth, and Poverty

3 Aid, Growth, and Poverty »

Source: The Macroeconomic Management of Foreign Aid : Opportunities and Pitfalls

Series: Seminar Volumes

Author(s): Boriana Yontcheva , Peter Isard , Leslie Lipschitz , and Alex Mourmouras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2006

ISBN: 9781589065208

Keywords: debt, exchange rate, real exchange rate, loans, political institutions

The organizers of this conference have asked me to speak about aid and poverty alleviation. We have already heard Steven Radelet provide a very thorough review of the state of the evidence on the effects of...

2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility »

Source: Ghana : 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana

Volume/Issue: 2009/256

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2009

ISBN: 9781451815047

Keywords: debt, deficit, budget, revenues, interest

This 2009 Article IV Consultation highlights that Ghana's overall financial system remains stable. The regulatory and supervisory framework is strong, backed by a modern payment and settlement infrastructure. Finan...

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The comparative advantage of sub-Saharan African countries predominantly lies in the export of commodities, whether they be oil, mineral, or agricultural. Managing devel...

Chapter 9. Inclusive Growth in Natural Resource–Intensive Economies

Chapter 9. Inclusive Growth in Natural Resource–Intensive Economies »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Lack of structural change, unsustainable growth, and noninclusive growth are frequently mentioned features of natural resource–intensive economies. There is renewed inte...

Chapter 13. Inclusive Growth in Sub-Saharan Africa: Evidence from Six Countries during the Recent High-Growth Period

Chapter 13. Inclusive Growth in Sub-Saharan Africa: Evidence from Six Countries during the Recent High-Growth Period »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Most countries in sub-Saharan Africa experienced a period of high economic growth beginning in the mid-1990s, leading to renewed optimism about the region’s development...

Chapter 10. Inequality and Unsustainable Growth: Two Sides of the Same Coin?

Chapter 10. Inequality and Unsustainable Growth: Two Sides of the Same Coin? »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction In the long term, sustained growth is central to poverty reduction. The rapid growth seen in much of the world over the past few decades—notably, but not only, in China...

Chapter 12. Natural Resources, Volatility, and Inclusive Growth: Perspectives from the Middle East and North Africa

Chapter 12. Natural Resources, Volatility, and Inclusive Growth: Perspectives from the Middle East and North Africa »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Countries endowed with natural resources such as oil and gas are faced with important economic challenges. Those challenges are of both a short- and long-term nature (se...

Chapter 18. The Role of Transparency and Civil Society in Managing Commodities for Inclusive Growth and Development

Chapter 18. The Role of Transparency and Civil Society in Managing Commodities for Inclusive Growth and Development »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction In 2008, aid flow to sub-Saharan Africa reached US$36 billion per year. Natural resource rents, by contrast, stood at US$240 billion. Over three-quarters of Africa’s sub...

Chapter 8. What Is Inclusive Growth?

Chapter 8. What Is Inclusive Growth? »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The purpose of this chapter is to define the meaning of the term “inclusive growth.” It is often used interchangeably with a suite of other terms, including “broad-based...