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Regional Economic Outlook, April 2019, Sub-Saharan Africa

Recovery Amid Elevated Uncertainty

The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018.

Global Financial Stability Report, April 2019

Vulnerabilities in a Maturing Credit Cycle

The April 2019 GFSR finds that despite significant variability over the past two quarters, financial conditions remain accommodative.

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward? »

Source: Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Volume/Issue: 2019/37

Series: IMF Working Papers

Author(s): Constance de Soyres , Anna Rogantini Picco , and Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2019

ISBN: 9781484396247

Keywords: Domestic debt, Real interest rates, Economic growth, Heavily indebted poor countries, Interest rate increases, Debt build-up;Frontier LIDCs;global and country-specific factors;debt-to-GDP ratio;debt-to-GDP;country-specific;federal fund rate;fund rate

This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ra...

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward? »

Volume/Issue: 2019/37

Series: IMF Working Papers

Author(s): Constance de Soyres , Anna Rogantini Picco , and Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2019

DOI: http://dx.doi.org/10.5089/9781484396247.001

ISBN: 9781484396247

Keywords: Domestic debt, Real interest rates, Economic growth, Heavily indebted poor countries, Interest rate increases, Debt build-up;Frontier LIDCs;global and country-specific factors;debt-to-GDP ratio;debt-to-GDP;country-specific;federal fund rate;fund rate

This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ra...

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s »

Source: Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Volume/Issue: 2019/32

Series: IMF Working Papers

Author(s): Johannes Wiegand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484394724

Keywords: Currency reform, Fixed exchange rates, Exchange rate regimes, Currency question, Gold, Bimetallism;Gold Standard;France;Germany;Flandreau;specie;silver specie;gold currency

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries t...

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s »

Volume/Issue: 2019/32

Series: IMF Working Papers

Author(s): Johannes Wiegand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

DOI: http://dx.doi.org/10.5089/9781484394724.001

ISBN: 9781484394724

Keywords: Currency reform, Fixed exchange rates, Exchange rate regimes, Currency question, Gold, Bimetallism;Gold Standard;France;Germany;Flandreau;specie;silver specie;gold currency

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries t...

Inequality of Opportunity, Inequality of Income and Economic Growth

Inequality of Opportunity, Inequality of Income and Economic Growth »

Volume/Issue: 2019/34

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

DOI: http://dx.doi.org/10.5089/9781484396988.001

ISBN: 9781484396988

Keywords: Income inequality, Economic growth, Income distribution, Income shocks, Human capital, Intergenerational Mobility;Growth;Gini;inequality;elasticity;unequal access;Brueckner

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by int...

Inequality of Opportunity, Inequality of Income and Economic Growth

Inequality of Opportunity, Inequality of Income and Economic Growth »

Source: Inequality of Opportunity, Inequality of Income and Economic Growth

Volume/Issue: 2019/34

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484396988

Keywords: Income inequality, Economic growth, Income distribution, Income shocks, Human capital, Intergenerational Mobility;Growth;Gini;inequality;elasticity;unequal access;Brueckner

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by int...

Republic of Moldova
			: Poverty Reduction Strategy Paper-Progress Report

Republic of Moldova : Poverty Reduction Strategy Paper-Progress Report »

Volume/Issue: 2011/94

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2011

DOI: http://dx.doi.org/10.5089/9781455249251.002

ISBN: 9781455249251

Keywords: budget, public administration, financial resources, public authorities, beneficiaries, Moldova, Republic of,

The progress made by Moldova toward achieving the Millennium Development Goals (MDGs) has not been uniform since 2007. Domestic economic and political crises are likely to undermine the achievement of several MDG t...

In the Wake of the Global Economic Crisis
			: Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland

In the Wake of the Global Economic Crisis : Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland »

Volume: 11

Series: Departmental Papers / Policy Papers

Author(s): Thomson Fontaine , Dalmacio Benicio , Joannes Mongardini , Genevieve Verdier , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

DOI: http://dx.doi.org/10.5089/9781462343492.087

ISBN: 9781462343492

Keywords: expenditure, fiscal adjustment, spending cuts, government spending, tax increases

The Southern African Customs Union (SACU) is facing its biggest challenge in its 100 years of existence. The global economic crisis has significantly reduced its revenue outlook, which is having a disproportionate...

In the Wake of the Global Economic Crisis: Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland

In the Wake of the Global Economic Crisis: Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland »

Source: In the Wake of the Global Economic Crisis : Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland

Series: Departmental Papers / Policy Papers

Author(s): Thomson Fontaine , Dalmacio Benicio , Joannes Mongardini , Genevieve Verdier , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781462343492

Keywords: expenditure, fiscal adjustment, spending cuts, government spending, tax increases

The Southern African Customs Union (SACU) is facing its biggest challenge in its 100 years of existence. The global economic crisis has significantly reduced its revenue outlook, which is having a disproportionate...

Research Summaries: Does Trade and Financial Globalization Cause Income Inequality?

Research Summaries: Does Trade and Financial Globalization Cause Income Inequality? »

Source: IMF Research Bulletin, September 2009

Volume/Issue: 10/3

Series: IMF Research Bulletin

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2009

ISBN: 9781455256310

Keywords: income inequality, trade liberalization, technological progress, global economy, technological change

The Q&A in this issue features seven questions about policy options for emerging market countries (by Marcos Chamon, Chris Crowe, and Jun Il Kim); research summaries on 'Does Trade and Financial Globalization Cause...