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CHAPTER 1. GLOBAL PROSPECTS AND POLICIES »
Source: World Economic Outlook, October 2008 : Financial Stress, Downturns, and Recoveries
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 October 2008
ISBN: 9781589067585
Keywords: inflation, current account, fiscal policy, monetary policy, commodity prices
This chapter opens with an overview of a global economy under stress. It then examines the expanding financial crisis and its macroeconomic implications in more detail, as well as the imbalances in housing a...
CHAPTER 1 GLOBAL PROSPECTS AND POLICIES »
Source: World Economic Outlook, September 2011 : Slowing Growth, Rising Risks
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 September 2011
ISBN: 9781616351199
Keywords: inflation, monetary policy, current account, fiscal policy, fiscal consolidation
Slowing Global Activity Activity has weakened significantly (Figure 1.1), following a number of quarters of growth broadly in line with World Economic Outlook (WEO) projections. The...
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 II: Swaziland’s Interconnection with the Global Economy »
Source: Restoring Sustainability in a Changing Global Environment : Options for Swaziland
Series: Departmental Papers / Policy Papers
Author(s): Olivier Basdevant , and Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2013
ISBN: 9781475589412
Keywords: Banking sector, Currency pegs, Debt sustainability analysis, External shocks, Reserves, Private sector, South Africa, Spillovers, Fiscal risk, Fiscal policy
Swaziland is highly interconnected with South Africa and with the global economy. As the global economy faces higher risks of adverse shocks, Swaziland may be affected by spillover effects. These shocks woul...
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 »
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? »
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 27. Integration and Poverty Reduction »
Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility
Series: Books
Author(s): Alexei Kireyev
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 April 2016
ISBN: 9781513511832
Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest
West African Economic and Monetary Union (WAEMU) experience shows that economic integration may have a significant impact on poverty reduction, even if the “growth channel” is weak. On the one h...
Chapter 15. Kosovo: Watching the Global Crisis from the Sidelines »
Source: How Emerging Europe Came Through the 2008/09 Crisis : An Account by the Staff of the IMF's European Department
Series: Books
Author(s): Bas Bakker , and Christoph Klingen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 31 August 2012
ISBN: 9781616353810
Keywords: capital inflows, public finances, fiscal policy, public debt, capital adequacy
Kosovo’s financial and economic integration with the global economy is limited. Since the end of the Kosovo war in 1999, the emphasis has been on rebuilding the coun...
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...