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Central America
			: Global Integration and Regional Cooperation

Central America : Global Integration and Regional Cooperation »

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

DOI: http://dx.doi.org/10.5089/9781589064461.084

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trad...

Emerging from the Global Crisis
			: Macroeconomic Challenges Facing Low-Income Countries

Emerging from the Global Crisis : Macroeconomic Challenges Facing Low-Income Countries »

Volume: 11

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2011

DOI: http://dx.doi.org/10.5089/9781616350734.087

ISBN: 9781616350734

Keywords: Economic growth, Low-income developing countries, Global Financial Crisis 2008-2009, public debt, current account, fiscal policy, exchange rate, current account deficits

Although the impact of the global crisis has been severe, real per capita GDP growth stayed positive in two-thirds of low-income countries (LICs), unlike in previous global downturns, and in contrast to richer coun...

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

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

Volume: 16

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

DOI: http://dx.doi.org/10.5089/9781475532401.087

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

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...

Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland »

Volume: 11

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Chikako Baba , and Borislava Mircheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2011

DOI: http://dx.doi.org/10.5089/9781475510164.087

ISBN: 9781475510164

Keywords: Exchange rate assessments, External debt, Financial sector, Debt sustainability, Bank supervision, Public debt, Reserves adequacy

Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of publ...

Opening Up in the Caucasus and Central Asia
			: Policy Frameworks to Support Regional and Global Integration

Opening Up in the Caucasus and Central Asia : Policy Frameworks to Support Regional and Global Integration »

Volume/Issue: 2018/7

Series: Departmental Papers / Policy Papers

Author(s): Peter Kunzel , Phil De Imus , Edward Gemayel , Risto Herrala , Alexei Kireyev , and Farid Talishli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2018

DOI: http://dx.doi.org/10.5089/9781484358177.087

ISBN: 9781484358177

Keywords: Armenia, Azerbaijan, Economic integration, Economic integration, Georgia, Kazakhstan, Kyrgyz Republic, Middle East, Tajikistan, Trade liberalization

The Caucasus and Central Asia (CCA) countries are at an important juncture in their economic transition. Following significant economic progress during the 2000s, recent external shocks have revealed the underlying...

Does Globalization Lower Wages and Export Jobs?

Does Globalization Lower Wages and Export Jobs? »

Series: Economic Issues

Author(s): Matthew Slaughter , and Phillip Swagel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 1997

DOI: http://dx.doi.org/10.5089/9781557756794.051

ISBN: 9781557756794

Keywords: wages, wage, skilled workers, import competition, international trade

Increased globalization - the international integration of markets for goods, technology, labor, and capital - has coincided in the past 20 years with a shift in demand from less-skilled workers to those with more...

Effects of Financial Globalization on Developing Countries
			: Some Empirical Evidence

Effects of Financial Globalization on Developing Countries : Some Empirical Evidence »

Series: Occasional Papers

Author(s): Ayhan Kose , Kenneth Rogoff , Eswar Prasad , and Shang-Jin Wei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2003

DOI: http://dx.doi.org/10.5089/9781589062214.084

ISBN: 9781589062214

Keywords: Developing countries, capital flows, financial integration, globalization, capital inflows, financial globalization

This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an appare...

Financial Inclusion Under the Microscope

Financial Inclusion Under the Microscope »

Volume/Issue: 2018/208

Series: IMF Working Papers

Author(s): Sumit Agarwal , Thomas Kigabo , Camelia Minoiu , Andrea Presbitero , and Andre Silva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2018

DOI: http://dx.doi.org/10.5089/9781484376362.001

ISBN: 9781484376362

Keywords: Financial inclusion, microfinance, loan expansion program, credit reference bureau

We examine the impact of a large-scale microcredit expansion program on access to finance and the transition of first-time borrowers from microfinance institutions to the formal banking sector. Using administrative...

A Global Integration Strategy for the Mediterranean Countries
			: Open Trade and Market Reforms

A Global Integration Strategy for the Mediterranean Countries : Open Trade and Market Reforms »

Series: Books

Author(s): Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 September 1997

DOI: http://dx.doi.org/10.5089/9781557756473.071

ISBN: 9781557756473

Keywords: dynamic gains, free trade, trade diversion, global liberalization, mfn

The economy of the Mediterranean region countries - which in the present study include Algeria, Egypt, Jordan, Lebanon, Morocco, Syria, Tunisia, as well as Israel and Turkey - experienced a period of strong and dyn...