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Regional Economic Outlook, October 2016, Middle East and Central Asia

Regional Economic Outlook, October 2016, Middle East and Central Asia »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2016

DOI: http://dx.doi.org/10.5089/9781513534497.086

ISBN: 9781513534497

Keywords: cheaper oil, global spillovers, China’;s rebalancing, fiscal deficits

This issue focuses on the ongoing adjustment to cheaper oil and subdued economic activity for oil-producing countries, as well as the weak and fragile recovery in the Caucasus and Central Asia region. It also discu...

Côte D’Ivoire: Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria

Côte D’Ivoire: Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria »

Source: Côte D'Ivoire : Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria

Volume/Issue: 2015/147

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2015

ISBN: 9781513533346

Keywords: deficit, monetary fund, fiscal deficit, investment, debt

This paper discusses Côte d'Ivoire's Seventh Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs). Performance under the IMF-supported program conti...

Côte D’ivoire:Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria—Informational Annex

Côte D’ivoire:Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria—Informational Annex »

Source: Côte D'Ivoire : Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria

Volume/Issue: 2015/147

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2015

ISBN: 9781513533346

Keywords: deficit, monetary fund, fiscal deficit, investment, debt

This paper discusses Côte d'Ivoire's Seventh Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs). Performance under the IMF-supported program conti...

IMF Executive Board Completes Seventh ECF Review for Côte d’lvoire

IMF Executive Board Completes Seventh ECF Review for Côte d’lvoire »

Source: Côte D'Ivoire : Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria

Volume/Issue: 2015/147

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2015

ISBN: 9781513533346

Keywords: deficit, monetary fund, fiscal deficit, investment, debt

This paper discusses Côte d'Ivoire's Seventh Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs). Performance under the IMF-supported program conti...

Appreciation, anyone?: What a weak dollar may mean for the United States, Europe, and Asia

Appreciation, anyone?: What a weak dollar may mean for the United States, Europe, and Asia »

Source: IMF Survey, Volume 32, Issue 15

Volume/Issue: 32/15

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2003

ISBN: 9781451929843

Keywords: budget, deficit, fiscal deficits, interest rates, current account deficit

The IMF recently concluded its annual “health checkup” (Article IV consultation with the U.S. authorities) of the U.S. economy amid continuing questions about the strength of the economic recovery. Wh...

Fiscal Vulnerabilities and Risks from Local Government Finance in China

Fiscal Vulnerabilities and Risks from Local Government Finance in China »

Source: Fiscal Vulnerabilities and Risks from Local Government Finance in China

Volume/Issue: 2014/4

Series: IMF Working Papers

Author(s): Yuanyan Zhang , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2014

ISBN: 9781484349953

Keywords: Fiscal Vulnerabilities, Fiscal Risks, Local Government Finance, Land Finance, Gross Financing Needs, fiscal deficit, fiscal debt, fiscal data, fiscal activity, General,

China weathered the global financial crisis better than most, thanks to a large and timely stimulus. This stimulus, however, was mainly in the form of off-budget infrastructure spending and thus not visible in the...

Spend Now, Pay Later? Tax Smoothing and Fiscal Sustainability in South Asia

Spend Now, Pay Later? Tax Smoothing and Fiscal Sustainability in South Asia »

Source: Spend Now, Pay Later? Tax Smoothing and Fiscal Sustainability in South Asia

Volume/Issue: 1999/63

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

ISBN: 9781451848403

Keywords: Tax smoothing, tax tilting, fiscal sustainability, budget surplus, equation, fiscal deficits, government spending

This paper tests a version of Barro’s tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data...

The Fiscal Costs of Contingent Liabilities

The Fiscal Costs of Contingent Liabilities »

Source: The Fiscal Costs of Contingent Liabilities

Volume/Issue: 2016/14

Series: IMF Working Papers

Author(s): Elva Bova , Marta Ruiz-Arranz , Frederik Toscani , and H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2016

ISBN: 9781498303606

Keywords: Fiscal Crisis, General, All Countries,, Budget deficits, Public debt, Contingent liabilities

We construct the first comprehensive dataset of contingent liability realizations in advanced and emerging markets for the period 1990–2014. We find that contingent liability realizations are a major source of fisc...

Local Government Financing Platforms in China: A Fortune or Misfortune?

Local Government Financing Platforms in China: A Fortune or Misfortune? »

Source: Local Government Financing Platforms in China: A Fortune or Misfortune?

Volume/Issue: 2013/243

Series: IMF Working Papers

Author(s): Yinqiu Lu , and Tao Sun

Publisher: Bank of Communications/New Finance

Publication Date: 16 December 2013

Language: Chinese

ISBN: 9781484335895

Keywords: Governance, China, Government expenditures, Revenues, Bond issues, Banks, local governments, local government borrowing, local government debt, local government revenue

China's rapid credit expansion in 2009-10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posi...

3. Caucasus and Central Asia: Is the Worst Over?

3. Caucasus and Central Asia: Is the Worst Over? »

Source: Regional Economic Outlook, October 2016, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2016

ISBN: 9781513534497

Keywords: cheaper oil, global spillovers, China’;s rebalancing, fiscal deficits

Fiscal accommodation and exchange rate adjustment have helped the Caucasus and Central Asia (CCA) mitigate the immediate impact from large and persistent external shocks, particularly the slump...