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Power Laws in Firm Size and Openness to Trade: Measurement and Implications
by Julian Di Giovanni Andrei A. Levchenko Romain RancièreA report from the International Monetary Fund.
How Can Burundi Raise Its Growth Rate?
by Olivier BasdevantA report from the International Monetary Fund.
Stabilization and Reform in Latin America: A Macroeconomic Perspective of the Experience Since the 1990s
by Anoop SinghThis study examines external and domestic influences on Latin America's economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external environment, these policies have contributed to Latin America's relatively sharp economic recovery from its last recession. The study discusses the priorities for the region's reform agenda that could help to ensure that this growing prosperity becomes entrenched. It also makes observations on the future roles of the major policymakers involved-the governments in the region; the international financial institutions, and especially the IMF; and industrial country governments.
East Timor
by Luis V. Mendonca Shamsuddin Tareq Luis ValdiviesoA report from the International Monetary Fund.
International Risk Sharing During the Globalization Era
by Robert P. Flood Nancy P. Marion Akito MatsumotoA report from the International Monetary Fund.
Fund Supported Programs, Fiscal Policy, and Income Distribution
by International Monetary FundThis is the third in a group of three papers dealing with various aspects of Fund-supported adjustment programs.
A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania
by Daehaeng Kim Mika SaitoA report from the International Monetary Fund.
Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries
by Robert York Zaijin ZhanA report from the International Monetary Fund.
Inflation Targeting Under Imperfect Policy Credibility
by Ali Alichi Huigang Chen Kevin Clinton Charles Freedman Marianne Johnson Ondra Kamenik Turgut Kișinbay Douglas LaxtonA report from the International Monetary Fund.
IMF-Supported Programs in Indonesia, Korea, and Thailand
by Timothy D. Lane Marianne Schulze-Gattas T. M. TsikataA report from the International Monetary Fund.
Evaluation of Prolonged Use of IMF Resources
by International Monetary FundA report from the International Monetary Fund.
The Short-Run Macroeconomics of Aid Inflows: Understanding the Interaction of Fiscal and Reserve Policy
by Andrew Berg Tokhir Mirzoev Rafael Portillo Luis-Felipe ZannaA report from the International Monetary Fund.
Macroeconomic Responses to Terms-of-Trade Shocks: A Framework for Policy Analysis for the Argentine Economy
by Pelin BerkmenA report from the International Monetary Fund.
Japan: Selected Issues
by International Monetary FundA report from the International Monetary Fund.
IMF Staff Country Reports
by Fiscal Affairs Legal MonetaryAs required under Article IV of its Articles of Agreement, the International Monetary Fund (IMF) conducts periodic consultations with its member countries. This IMF Staff Report for the 2000 Article IV consultation with Germany concludes that the near-term outlook for the German economy is more favourable that it has been for many years, reflecting a markedly improved external environment, supportive monetary conditions, moderate wage settlements and a clearer direction in domestic policies. The risks to the near-term outlook - persistently high oil prices and a possible sharp appreciation to the Euro - are unlikely to derail the expansion.
Chile Institutions and Policies Underpinning Stability and Growth
by Eliot Kalter Steven Phillips Manmohan SinghA report from the International Monetary Fund.
Transparency and Monetary Policy with Imperfect Common Knowledge
by Mauro RocaA report from the International Monetary Fund.
Madagascar: Third Review Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; and Press Release on the Executive Board Discussion
by International Monetary FundA report from the International Monetary Fund.
Where Does the Public Sector End and the Private Sector Begin?
by Ian LienertA report from the International Monetary Fund.
Challenges to Monetary Policy from Financial Globalization: The Case of India
by Charles F. Kramer Hélène K. Poirson A. PrasadA report from the International Monetary Fund.
China's Growth and Integration into the World Economy Prospects and Challenges
by Eswar PrasadA report from the International Monetary Fund.
The Stock of Intangible Capital in Canada: Evidence from the Aggregate Value of Securities
by Nazim BelhocineA report from the International Monetary Fund.
One-Size-Fits-One: Tailor-Made Fiscal Responses to Capital Flows
by Daria ZakharovaA report from the International Monetary Fund.
Setting Up Treasuries in the Baltics, Russia, and Other Countries of the Former Soviet Union
by Barry H. Potter Jack DiamondThis summary presents the results of an internal self-evaluation of the technical assistance provided by the IMF to help develop treasuries in the Baltics, Russia, and other countries of the former Soviet Union. 1 The findings from the assessment are intended principally for those interested in the development of these transition economies, but should also be of wider relevance to those involved in delivering technical assistance on public sector institutional reform. The assessment follows the standard approach to such evaluation work. It first considers whether the basic goal of setting up treasuries has been achieved and whether the resultant reforms are relevant and sustainable. Then, it reviews the costs of the inputs, the outputs, the efficiency with which the technical assistance was delivered, and the effectiveness of the particular program. The assessment also considers the factors that influenced the relative efficiency, effectiveness, and impact of the program in different countries. Finally, the work on the treasury systems is viewed in the wider context of budget and fiscal management in these economies, and some conclusions are drawn about the need for and targeting of further technical assistance in these areas.