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When Cultures Collide, Third Edition: Leading Across Cultures

by Richard D. Lewis

Cross-cultural expert Richard Lewis broadens the scope of his seminal work on global business and intercultural communication. Within each country-specific chapter, Lewis provides invaluable insight into the...


Mexican Financial Development

by Dwight S. Brothers & Leopoldo Solís M.

The development of the Mexican financial system as it has related to the remarkable growth of the Mexican economy is examined in this book.Believing that a better understanding of the past will permit a more...


Cameroon: 2014 Article IV Consultation

by International Monetary Fund. Afri Dept.

KEY ISSUES Context. Cameroon’s macroeconomic outlook and risks have deteriorated slightly since the Article IV consultation in 2013. Economic activity has remained strong and inflation subdued, but the fiscal...


Zimbabwe: First and Second Reviews Under the Staff-Monitored Program-Staff Report; And Press Release

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Zimbabwe’s performance under the Staff-Monitored Program (SMP) has been broadly satisfactorily through the difficult electoral transition period, and the authorities have taken corrective...


Albania: First Review Under the Extended Arrangement and Request for Modification of Performance Criteria-Staff Report; And Pre

by International Monetary Fund. Euro Dept.

KEY ISSUES Background: On February 28, the Executive Board approved a three-year Extended Arrangement with access of SDR 295.42 million (492.4 percent of quota). A purchase of SDR 23.55 million (about EUR 26.4...


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....


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...


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...


International Remittance Payments and the Global Economy

by Bharati Basu & James T. Bang

International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used...


The State of Labour: The Global Financial Crisis and its Impact

by Sharit K. Bhowmik

This book analyzes the adverse effects of globalization and liberalization - acutely manifest in the increased financialization of capital and the concomitant global financial crisis of 2008-09 - on the labour...


Baghdad Business School: The Challenges of a War Zone Start Up

by Heyrick Bond Gunning

The realities of a business start-up in a war-torn Iraq—it's not like this at Harvard Heyrick was on the first civilian plane into Baghdad after the airport had been secured. Armed with a camp bed, some baked...


Greece: Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, and Request for Waiver of Nonobservance of Performance Criterion

by International Monetary Fund. Euro Dept.

EXECUTIVE SUMMARY Extended Arrangement. On March 15, 2012, the Executive Board approved a four-year arrangement in the amount of SDR 23.79 billion (2,159 percent of quota; €28 billion). Purchases totaling...


Bhutan: Selected Issues

by International Monetary Fund. Asia Dept

SUMMARY The first chapter describes the current tax system and suggests options for tax policy reform in Bhutan. Though significant hydropower revenues are expected in the medium term as major projects come...


Republic of Madagascar:Request for Disbursement Under the Rapid Credit Facility; Staff Report; Press Release; and Statement by the Executive Director

by International Monetary Fund. Afri Dept.

This paper focuses on Madagascar’s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition...


Botswana: Technical Assistance Report-Introducing a Medium-Term Expenditure Framework

by International Monetary Fund. Fisc Dept.

EXECUTIVE SUMMARY The Government of Botswana has committed to introduce a Medium-Term Expenditure Framework (MTEF) by 2016. The MTEF will provide a more explicit linkage between National Development Plan (NDP)...


Jordan: 2014 Article IV Consultation, Third and Fourth Reviews Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Cri

by International Monetary Fund. Midd Dept.

Jordan is grappling with strong headwinds. It is facing a political transition even while the Syria crisis is stretching Jordan’s social fabrics. At the same time, gas inflows from Egypt continue to fluctuate,...


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...


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...


Mali: Poverty Reduction Strategy Paper-Progress Report

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...