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Showing 1 through 8 of 8 results

Challenges to the Swedish Welfare State (EPub)

by Desmond Lachman Robert P. Hagemann Adam Bennett J. H. Green Ramana Ramaswamy

Sweden's economy in the early 1990s has been characterized by a deep recession, high unemployment, a ballooning public sector budgete deficit, and a decline in the value of the currency- developments that have raised questions about the country's capacity to sustain its comprehensive welfare state. This study provides an analysis of recent economic developments in a longer-term context and assesses their implications for future policies.

IMF Conditionality: Experience Under Stand-By and Extended Arrangements

by Adam Bennett Susan Schadler Mauro Mecagni Maria Carkovic Louis Dicks-Mireaux James H. J. Morsink Miguel A. Savastano

This paper is Part I of a two-volume study conducted as a part of the IMF's ongoing process of evaluating its lending facilities. It focuses on IMF-supported programs and macroeconomic performance during 1988-92, reflecting information available through the end of 1993. Part I provides an overview of the experiences during the arrangements reviewed: it describes the initial conditions faced in these countries, the adjustment strategies adopted, the degree to which programs were implemented, and the extent of sustained adjustment experienced.

IMF Staff Country Reports

by Adam Bennett Adnan Mazarei

A report from the International Monetary Fund.

IMF Staff Country Reports

by Adam Bennett Christian Mumssen

A report from the International Monetary Fund.

Monetary Policy in Dollarized Economies

by Adam Bennett Eduardo Borensztein Toms J. T. Balio

A report from the International Monetary Fund.

Recent Experiences with Surges in Capital Inflows

by Adam Bennett Susan Schadler Maria Carkovic Robert Kahn

This paper explores the experience of six countries (Chile, Colombia, Egypt, Mexico, Spain and Thailand) with capital inflows. It illustrates that although capital inflows are usually beneficial, too great an inflow can become a problem and make it difficult for authorities to choose the appropriate policy response.

Reconstructing AFGHANISTAN

by Adam Bennett Louis Dicks-Mireaux Ron Van Rooden Bruno De Schaetzen Felix Fischer Thierry Kalfon

Following the United States led military intervention in Afghanistan in 2001, the Taliban regime collapsed and a new interim government was established, with a new constitution signed and elections subsequently held in 2004. This publication examines the progress made to rebuild Afghanistan's economy and key institutions in the post-conflict environment, as well as discussing the challenges that remain. Chapters consider a range of issues including: a review of the political landscape, aid assistance programmes and the role of the IMF; recent macroeconomic developments, including policies to tackle poppy cultivation and opium production; the fiscal framework and the budget, including the National Program for Reconstruction; structural reforms, including reforming revenue policy and administration, and revitalising the civil service; monetary and exchange rate policy, including the choice of exchange rate regime; and financial sector developments, including legal aspects, the position of the central bank Da Afghanistan Bank, commercial banking, and the informal hawala system.

Sudan: First Review of Performance Under the 2007-08 Staff-Monitored Program

by Adam Bennett Matthew Fisher

A report from the International Monetary Fund.

Showing 1 through 8 of 8 results

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