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World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

Financing Uganda'S Poverty Reduction Strategy

Financing Uganda'S Poverty Reduction Strategy »

Source: Financing Uganda'S Poverty Reduction Strategy : Is Aid Causing More Pain Than Gain?

Volume/Issue: 2004/170

Series: IMF Working Papers

Author(s): Mwanza Nkusu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451858457

Keywords: and poverty, reer, exchange rate, real exchange rate, foreign exchange, real effective exchange rate, Economic Growth of Open Economies, Welfare and Poverty: General, Economic Growth and Aggregate Productivity: General,

Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened...

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...

Global Economic Governance

Global Economic Governance »

Source: Global Economic Governance : IMF Quota Reform

Volume/Issue: 2011/208

Series: IMF Working Papers

Author(s): Arvind Virmani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781463902186

Keywords: Quota Reform, Economic Sovreignity, Voice, International Monetary Fund (IMF), world economy, world growth, purchasing power parity, external trade, International Monetary Arrangements and Institutions

The paper examines the principles on which a reform of a Quota based global economic institution like the IMF must be based, taking account of both the relative economic power of countries and the need for voice an...

The Global Financial Crisis and Workers' Remittances to Africa

The Global Financial Crisis and Workers' Remittances to Africa »

Source: The Global Financial Crisis and Workers' Remittances to Africa : What's the Damage?

Volume/Issue: 2010/24

Series: IMF Working Papers

Author(s): Ralph Chami , Adolfo Barajas , Anjali Garg , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

ISBN: 9781451962413

Keywords: global crisis, remittance, migrant, host country, Economic Growth and Aggregate Productivity: General,

Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of the global eco...

Global Shocks and their Impacton Low-Income Countries

Global Shocks and their Impacton Low-Income Countries »

Source: Global Shocks and their Impacton Low-Income Countries : Lessons From theglobal Financial Crisis

Volume/Issue: 2011/27

Series: IMF Working Papers

Author(s): Chris Papageorgiou , Hans Weisfeld , Catherine Pattillo , Martin Schindler , Nicola Spatafora , and Andrew Berg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2011

ISBN: 9781455216741

Keywords: Global financial crisis, Low-income countries, Short-run growth, terms of trade, regression analysis, output growth, exchange rate regime, Macroeconomic Aspects of International Trade and Finance: General, Economic Growth and Aggregate Productivity: General,

This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many individual LICs...

The Global Welfare Impact of China

The Global Welfare Impact of China »

Source: The Global Welfare Impact of China : Trade Integration and Technological Change

Volume/Issue: 2012/79

Series: IMF Working Papers

Author(s): Julian Di Giovanni , Jing Zhang , and Andrei Levchenko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502312

Keywords: productivity growth, trade costs, correlation, equation, Neoclassical Models of Trade, Economic Growth of Open Economies,

This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative produc...

Growth and Poverty Reduction in Armenia
			: Achievements and Challenges

Growth and Poverty Reduction in Armenia : Achievements and Challenges »

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

DOI: http://dx.doi.org/10.5089/9781589064515.058

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has...

Harnessing Resource Wealth for Inclusive Growth in Fragile States

Harnessing Resource Wealth for Inclusive Growth in Fragile States »

Source: Harnessing Resource Wealth for Inclusive Growth in Fragile States

Volume/Issue: 2015/25

Series: IMF Working Papers

Author(s): Corinne Delechat , John Clark JR , Pranav Gupta , Malangu Kabedi-Mbuyi , Mesmin Koulet-Vickot , Carla Macario , Toomas Orav , Manuel Rosales Torres , Rene Tapsoba , Dmitry Zhdankin , and Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2015

ISBN: 9781498392570

Keywords: fragile states, revenue, investment, poverty, public investment, safety nets, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development, One, Two

Like other fragile sub-Saharan African countries, Côte d'Ivoire, Guinea, Liberia, and Sierra Leone are seeking to harness their natural resource potential in the context of ambitious development strategies. This st...

ICT, Financial Inclusion, and Growth

ICT, Financial Inclusion, and Growth »

Source: ICT, Financial Inclusion, and Growth : Evidence from African Countries

Volume/Issue: 2011/73

Series: IMF Working Papers

Author(s): Kangni Kpodar , and Mihasonirina Andrianaivo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2011

ISBN: 9781455227068

Keywords: ICT, mobile financial services, internet, mobile telephone, telephone subscribers, telecommunications, Economic Growth and Aggregate Productivity: General, Financial Institutions and Services: General,

This paper studies the impact of information and communication technologies (ICT), especially mobile phone rollout, on economic growth in a sample of African countries from 1988 to 2007. Further, we investigate whe...

III Some Facts on Financial Globalization

III Some Facts on Financial Globalization »

Source: Reaping the Benefits of Financial Globalization

Series: Occasional Papers

Author(s): Giovanni Dell'Ariccia , Paolo Mauro , Andre Faria , Jonathan Ostry , Julian Di Giovanni , Martin Schindler , Ayhan Kose , and Marco Terrones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2008

ISBN: 9781589067486

Keywords: Economic growth, Financial management, Capital controls, Fiscal reforms, Fiscal stability, Risk management, financial globalization, financial integration, globalization, financial sector

The global economy has become substantially more financially integrated over the past three decades. Average de facto financial globalization (measured, as discussed in Box 2.1, by gross externa...