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Sudan: Staff Monitored Program-Staff Report; Press Release; And Statement by the Executive Director for Sudan

by International Monetary Fund. Midd Dept.

EXECUTIVE SUMMARY Context: Sudan is a fragile state mired in a heavy debt burden, international sanctions, and volatile domestic and regional political environments. These problems, together with limited revenue...


Grenada: 2014 Article IV Consultation and Request for an Extended Credit Facility Arrangement-Staff Report; And Press Release

by International Monetary Fund. West Dept.

This 2014 Article IV Consultation highlights that Grenada’s economy continues to face significant headwinds after a decade of natural disasters and economic shocks coalesced into a deep economic crisis by...


Kingdom of Lesotho: 2014 Article IV Consultation-Staff Report; Press Release; And Statement by the Executive Director for the Kingdom of L

by International Monetary Fund. Afri Dept.

This 2014 Article IV Consultation highlights that since 2010, the Lesotho’s economy has performed well with the growth of real GDP averaging over 5 percent a year and inflation held to single-digit levels....


Kyrgyz Republic: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility; Staff Report; And Press Release

by International Monetary Fund. Midd Dept.

This paper discusses Kyrgyz Republic’s Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility. Following exceptionally strong performance in 2013, growth is moderating to a more sustainable...


Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World

by Elva Bova & Nathalie Carcenac

This paper documents the spread of fiscal rules in the developing world and investigates the relation between fiscal rules and procyclical fiscal policy. We find that, since the early 2000s, developing countries...


Iceland:Fourth Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Executive Director for Iceland

by International Monetary Fund. Euro Dept.

This paper discusses Iceland’s Fourth Post-Program Monitoring Discussions. Iceland’s economy has grown strongly on the back of booming tourism. Real GDP grew 3.3 percent in 2013, despite a drop in investment...


Uganda:Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; Press Release; and Statemen

by International Monetary Fund. Afri Dept.

This paper focuses on Uganda’s Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Economic performance of Uganda has been broadly favorable. Progress...


Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries: The Case of Suriname

by Daniel Kanda & Mario Mansilla

This paper first attempts to quantify the natural resource wealth of Suriname from the perspective of its impact on the fiscal position, and then assesses the fiscal sustainability gap in that context. It then...


Brunei Darussalam: Statistical Appendix

by International Monetary Fund. Asia Dept

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


The Floating World: Issues in International Trade Theory

by Wilfred J Ethier

In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each...


The Floating World: Issues in International Trade Theory

by Wilfred J Ethier

In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each...


Republic of Moldova:2014 Article IV Consultation and First Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Execu

by International Monetary Fund. Euro Dept.

This paper focuses on Moldova’s 2014 Article IV Consultation and First Post-Program Monitoring Discussions. Moldova largely achieved the main objectives of the economic program supported by a combined Extended...


Pakistan:Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of

by International Monetary Fund. Midd Dept.

This Paper discusses Pakistan’s Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion (PC).The economy is showing signs of improvement. The FY2013/14...


Border Crossing in Greater China: Production, Community and Identity

by Jenn-hwan Wang

China's transformation from a poor and underdeveloped country into a global market power has profoundly altered its socioeconomic power relations with the other countries in the Greater China region, namely,...


The Routledge Companion to Business in Africa

by Sonny Nwankwo & Kevin Ibeh

Although the world's poorest inhabited continent, Africa has recently shown signs of being a source of economic growth in the coming decades, with increased foreign investment - notably from China - and huge...


Business in Emerging Latin America

by Fernando Robles, Nila Wiese & Gladys Torres-Baumgarten

Driven by expanding domestic markets and exports of natural resource commodities, Latin America has recently come into focus as an economic force in the international arena. Business in Emerging Latin America...


Rwanda: First Review Under the Policy Support Instrument-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Main challenges: Rwanda continues to face the challenge of sustaining high growth while reducing its reliance on aid and preventing the build-up of imbalances. After using foreign exchange reserves...


Seychelles:Request for An Arrangement Under the Extended Fund Facility-Staff Report; Press Release; and Statement by the Executive Director for Seyche

by International Monetary Fund. Afri Dept.

This paper discusses Seychelles’ Request for an Arrangement Under the Extended Fund Facility (EFF). In the five years following the 2008 balance of payments and debt crisis, the authorities have successfully...


United Arab Emirates: Selected Issues

by International Monetary Fund. Midd Dept.

The strong recovery in the real estate market in Dubai requires close monitoring and further measures to discourage speculative demand. The residential and hospitality segments have seen buoyant growth (although...


France:2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for France

by International Monetary Fund. Euro Dept.

This 2014 Article IV Consultation highlights that the economy of France fared better than most other large euro areas economies through the crisis, reflecting the resilience of private consumption, lack of financial...