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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...

The Global Financial Crisis

The Global Financial Crisis »

Source: The Global Financial Crisis : Impact on WAEMU Member Countries and Policy Options

Volume/Issue: 2009/16

Series: IMF Staff Position Notes

Author(s): Johannes Mueller , Irene Yackovlev , and Hans Weisfeld

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2009

ISBN: 9781455229017

Keywords: Current account deficits, Credit risk, Banking sector, Bank supervision, Aid flows, External shocks, Financial crisis, Monetary unions, Monetary policy, Liquidity management

Most WAEMU countries are likely to see economic growth deteriorate over the next two years as a result of the global economic crisis, and some WAEMU countries will be more severely affected by the crisis than other...

Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Source: Global Implications of Lower Oil Prices

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

Global Rebalancing with Gravity: Measuring the Burden of Adjustment

Global Rebalancing with Gravity: Measuring the Burden of Adjustment »

Source: IMF Staff Papers, Volume 55, No. 3

Volume: 55

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2008

ISBN: 9781589067240

Keywords: exchange rate, exchange rate regimes, monetary fund, foreign exchange, inflation

This special issue on exchange rates is drawn from the Eighth Jacques Polak Annual Research Conference held at the International Monetary Fund in Washington in November 2007. The Mundell-Fleming Lecture by Stanley...

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...

2 Halving the Poverty Rate by 2015

2 Halving the Poverty Rate by 2015 »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

Mozambique has been remarkably successful in reducing poverty over the past decade. Sustained, broad-based growth resulted in a 25 percent decline, equivalent to 4 percentage points a year, in the poverty he...

II The Setting for Adjustment: Initial Positions and Global Environment

II The Setting for Adjustment: Initial Positions and Global Environment »

Source: IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings

Series: Occasional Papers

Author(s): Louis Dicks-Mireaux , Miguel Savastano , Adam Bennett , María Carkovic S. , Mauro Mecagni , James John , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557754929

Keywords: inflation, terms of trade, capital inflows, exchange rate, real interest rates

Almost without exception, the initial positions of the countries under review were dire. Most were suffering the effects of long-standing institutional and structural weaknesses, fiscal excesses, and deficie...

Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

DOI: http://dx.doi.org/10.5089/9781513532417.006

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

The Global Financial Crisis
			: Impact on WAEMU Member Countries and Policy Options

The Global Financial Crisis : Impact on WAEMU Member Countries and Policy Options »

Volume/Issue: 2009/16

Series: IMF Staff Position Notes

Author(s): Johannes Mueller , Irene Yackovlev , and Hans Weisfeld

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2009

DOI: http://dx.doi.org/10.5089/9781455229017.004

ISBN: 9781455229017

Keywords: Current account deficits, Credit risk, Banking sector, Bank supervision, Aid flows, External shocks, Financial crisis, Monetary unions, Monetary policy, Liquidity management

Most WAEMU countries are likely to see economic growth deteriorate over the next two years as a result of the global economic crisis, and some WAEMU countries will be more severely affected by the crisis than other...

The International Financial Crisis and Global Recession
			: Impact on the CEMAC Region and Policy Considerations

The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations »

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

DOI: http://dx.doi.org/10.5089/9781455255252.004

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...