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2 Halving the Poverty Rate by 2015

2 Halving the Poverty Rate by 2015 »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

Mozambique has been remarkably successful in reducing poverty over the past decade. Sustained, broad-based growth resulted in a 25 percent decline, equivalent to 4 percentage points a year, in the poverty he...

7 Maintaining Competitiveness in the Global Economy

7 Maintaining Competitiveness in the Global Economy »

Source: Exchange Rate Analysis in Support of IMF Surveillance : A Collection of Empirical Studies

Series: Books

Author(s): Charalambos Tsangarides , Carlo Cottarelli , Gian Milesi-Ferretti , and Atish Ghosh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2008

ISBN: 9781589067288

Keywords: exchange rate, real exchange rate, exchange rate regime, exchange rates, exchange rate regimes

The appreciation of the rupee in recent years has raised concerns about India’s export competitiveness. Between end-2002 and 2005, the Indian rupee appreciated by 6 percent against the U.S. dollar and by 8 p...

6 Philippine Fiscal Policy: Sustainability, Growth, and Savings

6 Philippine Fiscal Policy: Sustainability, Growth, and Savings »

Source: Macroeconomic Issues Facing ASEAN Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 1997

ISBN: 9781557756374

Keywords: current account, exchange rate, fdi, reer, real exchange rate

Over the last several years, there has been a dramatic improvement in the Philippines’ fiscal accounts. The consolidated public sector deficit has been reduced by about 5 percentage points of GNP since 1990...

3 Sustaining Growth in the Long Term

3 Sustaining Growth in the Long Term »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

The question of how to achieve rapid and sustained growth has challenged economists for generations. As Robert Lucas (1988) has famously remarked, “the consequences for human welfare involved in questions li...

1 Sustaining Growth Takeoffs: Lessons from Mozambique

1 Sustaining Growth Takeoffs: Lessons from Mozambique »

Source: Post-Stabilization Economics in Sub-Saharan Africa : Lessons from Mozambique

Series: Books

Author(s): Shanaka Peiris , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781589066779

Keywords: exchange rate, inflation, monetary policy, budget support, real exchange rate

Mozambique is a success story in sub-Saharan Africa. It has benefited from sustained large foreign aid inflows, strong and broad-based growth, and deep poverty reduction. Since its civil war ended in 1992, M...