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17 Foreign Aid and Consumption Smoothing: Evidence from Global Food Aid

17 Foreign Aid and Consumption Smoothing: Evidence from Global Food Aid »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

1. Introduction The debate on aid effectiveness has largely focused on the impact of aggregate “development assistance” on economic growth or economic development more broadly (Easte...

Foreign Aid Policy and Sources of Poverty

Foreign Aid Policy and Sources of Poverty »

Source: Foreign Aid Policy and Sources of Poverty : A Quantitative Framework

Volume/Issue: 2006/14

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Peter Rangazas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862744

Keywords: growth, schooling, fertility, capital mobility, fiscal policy, private capital, capital intensity, capital formation, international capital flows, International Monetary Arrangements and Institutions

The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty reduction. In this paper we argue that aid effectiveness must be assessed using methods that g...

7. Generating Sustainable Growth: A Firm-Level Perspective on Structural Reforms1

7. Generating Sustainable Growth: A Firm-Level Perspective on Structural Reforms1 »

Source: From Crisis to Convergence : Charting a Course for Portugal

Series: Departmental Papers / Policy Papers

Author(s): Dmitry Gershenson , Albert Jaeger , and Subir Lall

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2016

ISBN: 9781513597225

Keywords: Stabilization policy, Fiscal stabilization, Stabilization programs, Economic stabilization, debt, labor, labor market, investment, market

Structural reforms were hoped to increase the scale and number of high-performing firms, which also tend to be exporting firms. Based on the results of a firm survey conducted by IMF staff, ther...

6. Generating Sustainable Growth: Institutional Change1

6. Generating Sustainable Growth: Institutional Change1 »

Source: From Crisis to Convergence : Charting a Course for Portugal

Series: Departmental Papers / Policy Papers

Author(s): Dmitry Gershenson , Albert Jaeger , and Subir Lall

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2016

ISBN: 9781513597225

Keywords: Stabilization policy, Fiscal stabilization, Stabilization programs, Economic stabilization, debt, labor, labor market, investment, market

Minimizing rent-seeking and improving education will channel the country’s resources to productive uses and enhance growth prospects. Starting in the early 2000s, Portugal’s growth stag...

Global Aging and Fiscal Policy with International Labor Mobility

Global Aging and Fiscal Policy with International Labor Mobility »

Source: Global Aging and Fiscal Policy with International Labor Mobility : A Political Economy Perspective

Volume/Issue: 2005/140

Series: IMF Working Papers

Author(s): Mehmet Tosun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

ISBN: 9781451861594

Keywords: population aging, overlapping generations, endogenous fiscal policy, international labor mobility, international capital mobility, aging, labor mobility, social security, labor migration, Economic Growth of Open Economies

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the politic...

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 Financial Stability Report: World markets calm as interest rates edge up

Global Financial Stability Report: World markets calm as interest rates edge up »

Source: IMF Survey, Volume 33, Issue 17

Volume/Issue: 33/17

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2004

ISBN: 9781451968828

Keywords: debt, interest rates, central bank, public debt, fiscal policy

For a few months in late 2000 and early 2001, Turkey hovered on the brink of economic collapse. High inflation, a large public debt, a growing current account deficit, and delays in restructuring the economy trigge...

Global Imbalances

Global Imbalances »

Source: Global Imbalances : In Midstream?

Volume/Issue: 2009/29

Series: IMF Staff Position Notes

Author(s): Gian Milesi-Ferretti , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2009

ISBN: 9781462333387

Keywords: Financial crisis, Capital flows, Asset prices, Current account deficits, Cross country analysis, Capital markets, Private savings, Private investment, Investment, International financial system

...

The Global Integrated Monetary and Fiscal Model (GIMF) - Theoretical Structure

The Global Integrated Monetary and Fiscal Model (GIMF) - Theoretical Structure »

Source: The Global Integrated Monetary and Fiscal Model (GIMF) - Theoretical Structure

Volume/Issue: 2010/34

Series: IMF Working Papers

Author(s): Douglas Laxton , Susanna Mursula , Michael Kumhof , and Dirk Muir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451962734

Keywords: Fiscal Policy Rules, Monetary Policy Rules, Multi-Region DSGE Models, Overlapping Generations Households, Liquidity Constrained Households, Financial Accelerator, Macro-Financial Linkages, Raw Materials Sector, investment goods, fiscal stimulus

This working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is used by the IMF...

The Global Macrofinancial Model

The Global Macrofinancial Model »

Source: The Global Macrofinancial Model

Volume/Issue: 2018/81

Series: IMF Working Papers

Author(s): Francis Vitek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2018

ISBN: 9781484350706

Keywords: Monetary policy; Fiscal policy; Macroprudential policy; Spillovers; Forecasting; Dynamic stochastic general equilibrium model; World economy

This paper documents the theoretical structure and empirical properties of the latest version of the Global Macrofinancial Model (GFM). This dynamic stochastic general equilibrium model of the world economy, disagg...