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We Do Know How: A Buyer-Led Approach to Creating Jobs for the Poor

by James T. Riordan

This book by a practitioner (not an academic, a government official, or a pundit) has been written for practitioners and offers fresh thinking on how to do international development work. It combines that thinking...


Sri Lanka : First Post-Program Monitoring Discussion-Staff Report; Press Release; and Statement by the Executive Director for Sri Lanka

by International Monetary Fund. Asia Dept

EXECUTIVE SUMMARY Context. Sri Lanka’s economy has navigated recent market turbulence relatively well. Growth has remained solid, inflation is in mid-single digits, and the current account deficit has narrowed....


Sri Lanka : Ex-Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement-Staff Report; Press Release; and Statement by the Executive D

by International Monetary Fund. Asia Dept

EXECUTIVE SUMMARY Sri Lanka’s 2009 Stand-By Arrangement was initiated at the onset of the global financial crisis. It also coincided with the ending of the country’s decades-old civil conflict. This unusual...


Growth Surprises and Synchronized Slowdowns in Emerging Marketsâ€"â€"An Empirical Investigation

by Ghada Fayad & Roberto Perrelli

Output growth has slowed in several emerging markets since 2011—a remarkable feature for a non-crisis period in EMs. Such synchronized slowdowns were largely unanticipated by scholars and forecasters alike....


Chad : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release; and Statement by the Executive Director fo

by International Monetary Fund. Afri Dept.

KEY ISSUES Context: Chad is a fragile country with weak institutional capacity that needs to manage volatile and exhaustible oil revenues prudently to tackle its large development needs. Chad is enjoying a period...


Bank Ownership and Credit Growth in Emerging Markets During and After the 2008â€"09 Financial Crisis â€" A Cross-Regional Comparison

by Guodong Chen & Yi Wu

This paper examines bank credit growth in emerging markets before, during, and after the 2008-09 financial crisis using bank-level data, focusing on the role of bank ownership. Credit growth by foreign banks...


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

by International Monetary Fund. Euro Dept.

KEY ISSUES Context: Austria did not experience a severe boom-bust cycle and came through the crisis relatively well. The main impact was on the banking sector and public debt. With cyclical slack low and the...


Austria : Selected Issues

by International Monetary Fund. Euro 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...


Budget Institutions in Low-Income Countries : Lessons from G-20

by Sanjeev Gupta & Sami Yläoutinen

This paper presents twelve budget institutions that can support planning and delivery of credible fiscal strategies in the fiscal policy-making process. The resulting framework is applied to seven low-income...


Sovereign Debt Composition in Advanced Economies : A Historical Perspective

by S. M. Ali Abbas & Laura Blattner

We examine how the composition of public debt, broken down by currency, maturity, holder profile and marketability, has responded to major debt accumulation and consolidation episodes during 1900-2011. Covering...


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

by International Monetary Fund. Afri Dept.

KEY ISSUES Context and outlook: Angola’s recent economic developments have been positive, but softening oil revenue and limited proven oil reserves highlight the need to contain emerging fiscal deficits, preserve...


Republic of Congo: 2014 Article IV Consultation-Staff Report; Press Release; And Statement by the Executive Director for the Republic of

by International Monetary Fund. Afri Dept.

KEY ISSUES Economic context. Growth has been strong, inflation low, and fiscal buffers and international reserves adequate. However, poverty and unemployment remain high, despite large government spending financed...


Republic of Congo: Selected Issues

by International Monetary Fund. Afri 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...


Switzerland : Detailed Assessment of Implementation-IOSCO Objectives and Principles of Securities Regulation

by International Monetary Fund. Department

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...


Norway: 2014 Article IV Consultation: Staff Report; Staff Supplement; Press Release; And Statement by the Executive Director f

by International Monetary Fund. Euro Dept.

A conservative minority government took office in October 2013, ending eight years of Labor party-led governments. No major policy shift has taken place so far, but the government’s economic policy platform...


Norway: Selected Issues Paper

by International Monetary Fund. Euro 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...


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

by International Monetary Fund. Asia Dept

Tuvalu is one of the smallest and most isolated countries in the world. With a population of some 11,000 people living on 26 square kilometers, Tuvalu is more than 3,000 kilometers away from its nearest major...


Central African Economic and Monetary Community (CEMAC) : Staff Report; Press Release; and Statement by the Executive Director for the Central African

by International Monetary Fund. Afri Dept.

Regional growth weakened in 2013 due to a fall in oil production in most countries. GDP growth is expected to pick-up in 2014 due to the recovery of oil production and the continuation of the implementation...


St. Vincent and the Grenadines: 2012 Article IV Consultation

by International Monetary Fund. West Dept.

KEY ISSUES Background: Activity is slowly recovering after a cumulative decline of about 5 percent during 2008–10. Expansionary fiscal policies—largely to counteract the impact of the global slowdown and...


Pacific Island Countries: In Search of a Trade Strategy

by Hong Chen & Lanieta Rauqeuqe

International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size...