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Chapter 6. Government Failure and Poverty Reduction in the CEMAC

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...

Income Inequality and Fiscal Policy

Income Inequality and Fiscal Policy »

Volume/Issue: 2012/8

Series: Staff Discussion Notes

Author(s): David Coady , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2012

DOI: http://dx.doi.org/10.5089/9781475504828.006

ISBN: 9781475504828

Keywords: Fiscal consolidation, Developed countries, Developing countries, Fiscal policy, Government expenditures, Income inequality, Income distribution, Taxation, Unemployment, tax

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

The International Financial Crisis and Global Recession
			: Impact on the CEMAC Region and Policy Considerations

The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations »

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

DOI: http://dx.doi.org/10.5089/9781455255252.004

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...

The Unequal Benefits of Fuel Subsidies
			: A Review of Evidence for Developing Countries

The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries »

Volume/Issue: 2010/202

Series: IMF Working Papers

Author(s): David Coady , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

DOI: http://dx.doi.org/10.5089/9781455205325.001

ISBN: 9781455205325

Keywords: fuel subsidies, impact of subsidy reform, distribution of fuel consumption, subsidies, fuel prices, subsidy, fuel price, fuel consumption, Taxation, and Revenue: General

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decreas...

Income Inequality and Fiscal Policy

Income Inequality and Fiscal Policy »

Source: Income Inequality and Fiscal Policy

Volume/Issue: 2012/8

Series: Staff Discussion Notes

Author(s): David Coady , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2012

ISBN: 9781475504828

Keywords: Fiscal consolidation, Developed countries, Developing countries, Fiscal policy, Government expenditures, Income inequality, Income distribution, Taxation, Unemployment, tax

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

The International Financial Crisis and Global Recession

The International Financial Crisis and Global Recession »

Source: The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...

Oil Wealth in Central Africa
			: Policies for Inclusive Growth

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

DOI: http://dx.doi.org/10.5089/9781616353766.071

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Draw...

Part II: Management of Oil Wealth and Poverty Reduction

Part II: Management of Oil Wealth and Poverty Reduction »

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

...

3. Private External Financing Flows and the Global Financial Crisis

3. Private External Financing Flows and the Global Financial Crisis »

Source: Regional Economic Outlook, April 2010, Sub-Saharan Africa : Back to High Growth?

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2010

ISBN: 9781589069183

Keywords: fiscal policy, capital inflows, exporting countries, importing countries, oil-importing countries

Introduction and Summary The first decade of the 21st century witnessed a dramatic surge of private financial flows 1 into emerging and developing r...

The Unequal Benefits of Fuel Subsidies

The Unequal Benefits of Fuel Subsidies »

Source: The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries

Volume/Issue: 2010/202

Series: IMF Working Papers

Author(s): David Coady , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205325

Keywords: fuel subsidies, impact of subsidy reform, distribution of fuel consumption, subsidies, fuel prices, subsidy, fuel price, fuel consumption, Taxation, and Revenue: General

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decreas...