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Republic of Korea:Financial Sector Assessment Program-Crisis Preparedness and Crisis Management Framework-Technical Note

by International Monetary Fund. Department

Korea experienced significant financial distress in the late 1990s along with some of its Asian neighbors. The authorities’ experience in handling this crisis and the experience in handling the fallout from...


Republic of Mozambique:Third Review Under the Policy Support Instrument-Staff Report and Press Release

by International Monetary Fund. Afri Dept.

Context and policy challenges. Mozambique’s macroeconomic performance remains robust, with strong growth and low inflation. In spite of the heightened risks from an uncertain global outlook, growth is expected...


Georgia:Financial Sector Assessment Program-Macroprudential Policy Framework-Technical Note

by International Monetary Fund. Department

The National Bank of Georgia (NBG) has a broad mandate to safeguard financial stability in Georgia and has applied several measures that can be considered macroprudential. For instance, the NBG adjusted risk...


IMF Multi-Country Report: Housing Recoveries:Cluster Report on Denmark, Ireland, Kingdom of the Netherlands-the Netherlands, and Spain

by International Monetary Fund. Euro Dept.

This report examines the experiences of four European countries that have had large house-price declines in recent years. In particular, it examines the experiences of Denmark, Ireland, the Netherlands, and...


Foreign Aid and Foreign Policy: Lessons for the Next Half-century: Lessons for the Next Half-century

by Louis A. Picard, Robert Groelsema & Terry F. Buss

This timely work presents cutting-edge analysis of the problems of U.S. foreign assistance programs - why these problems have not been solved in the past, and how they might be solved in the future. The book...


Genre Studies in Mass Media: A Handbook: A Handbook

by Art Silverblatt

The study of various types of programming is essential for critical analysis of the media and also offers revealing perspectives on society's cultural values, preoccupations, behavior, and myths. This handbook...


Haiti:Ex Post Assessment of Longer-Term Engagement

by International Monetary Fund. West Dept.

EXECUTIVE SUMMARY Haiti’s 2006 and 2010 Fund-supported programs started under very different circumstances but shared the main objectives of preserving macroeconomic stability and creating the conditions for...


Haiti:Eighth Review Under the Extended Credit Facility and Request for Waiver of Nonobservance of Performance Criterion-Staff Report; Press Release; a

by International Monetary Fund. West Dept.

EXECUTIVE SUMMARY This is the final review under the Extended Credit Facility (ECF) arrangement. The program contributed to maintaining macroeconomic stability, and there was progress on structural reforms....


The Blind Decades: Employment and Growth in France, 1974-2014

by Philippe Askenazy

France is often described as one of the last Western economies unable to reform itself in the face of globalization. Yet its economy has not fallen by the wayside and has even resisted the great recession that...


Grenada:First Review Under the Extended Credit Facility Arrangement and Financing Assurances Review-Staff Report; Press Release

by International Monetary Fund. West Dept.

EXECUTIVE SUMMARY Extended Credit Facility (ECF) Arrangement: On June 26th, 2014, the Executive Board approved a three-year arrangement for a total amount equivalent to SDR 14.04 million (about US$21.7 million,...


Iceland: Technical Assistance Report - IPSAS in Iceland:Towards Enhanced Fiscal Transparency

by International Monetary Fund. Fisc 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...


Sudan:2014 Article IV Consultation and Second Review Under Staff-Monitored Program-Staff Report; Press Release; and Statement by the Executive Directo

by International Monetary Fund. Midd Dept.

KEY ISSUES Context: Sudan’s economy has yet to recover from the shock of South Sudan’s secession three years ago, which took away three-quarters of oil production, half of its fiscal revenues, and two-thirds...


Tunisia:Fifth Review Under the Stand-By Arrangement, Request for Modification of Performance Criteria, and Rephasing of Access-Staff Report; Press Rel

by International Monetary Fund. Midd Dept.

EXECUTIVE SUMMARY Context. On June 7, 2013, the Executive Board approved a 24-month Stand-By Arrangement in an amount equivalent to 400 percent of quota (SDR 1.146 billion or about $1.75 billion). To date, SDR...


A New Scramble for Africa?: The Rush for Energy Resources in Sub-Saharan Africa

by Sören Scholvin

This book is the first to bring together comparative perspectives on the strategies of state and non-state actors involved in the exploitation of Sub-Saharan energy resources; the potential and pitfalls of new...


Selling Our Death Masks: Cash-For-Gold in the Age of Austerity

by Yesenia Barragan

Are we pawning our golden immortality for a fistful of cash?


Managing Macroeconomic Policy: The Johnson Presidency

by James E. Anderson & Jared E. Hazleton

Macroeconomic policy involves government action intended to influence the overall operation of the economy and to deal with such important public problems as economic growth, inflation, unemployment, and recession....


Honduras: Request for a Stand-by Arrangement and an Arrangement Under the Standby Credit Facility:Staff Report; Press Release

by International Monetary Fund. West Dept.

The government of President Hernandez inherited a difficult macroeconomic situation upon taking office in January 2014. Economic growth decelerated significantly in 2013, driven mainly by lower private demand...


St. Vincent and the Grenadines: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument:Staff Repor

by International Monetary Fund. West Dept.

On December 24, 2013, a tropical trough system impacted St. Vincent and the Grenadines. The heavy rains resulted in severe floods and landslides, with damages and losses estimated to be equivalent to about 15...


Jamaica: Sixth Review Under the Extended Fund Facility and Request for Modification of Performance Criteria:Staff Report; Press Release; and Statement

by International Monetary Fund. West Dept.

Discussions centered on the preparations for the 2015/16 budget, and reforms to strengthen the financial sector and boost growth. The authorities have deepened their efforts in supporting their ambitious fiscal...


The Future of Europe: Democracy, Legitimacy and Justice After the Euro Crisis

by Serge Champeau, Carlos Closa & Daniel INNERARITY

A major collection of essays by a multidisciplinary panel of experts exploring the various interpretations of the European crisis and the future of the European Union.