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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...

Middle East and Central Asia
			: A Survey of Gender Budgeting Efforts

Middle East and Central Asia : A Survey of Gender Budgeting Efforts »

Volume/Issue: 2016/151

Series: IMF Working Papers

Author(s): Lisa Kolovich , and Sakina Shibuya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 July 2016

DOI: http://dx.doi.org/10.5089/9781475519983.001

ISBN: 9781475519983

Keywords: Gender budgeting; fiscal policy and administration; gender inequality; Middle East and Central Asia

Gender budgeting uses fiscal policies to promote gender equality and women's advancement, but is struggling to take hold in the Middle East and Central Asia. We provide an overview of two gender budgeting efforts i...

Emerging Markets in Transition
			: Growth Prospects and Challenges

Emerging Markets in Transition : Growth Prospects and Challenges »

Volume/Issue: 2014/6

Series: Staff Discussion Notes

Author(s): Luis Cubeddu , Alexander Culiuc , Ghada Fayad , Yuan Gao , Kalpana Kochhar , Annette Kyobe , Ceyda Oner , Roberto Perrelli , Sarah Sanya , Evridiki Tsounta , and Zhongxia Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2014

DOI: http://dx.doi.org/10.5089/9781498327664.006

ISBN: 9781498327664

Keywords: Emerging markets, growth, potential growth, convergence, heterogeneity, structural reform, productivity, terms of trade, trading partners, commodity prices

After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the po...

Testing the Prebisch-Singer Hypothesis since 1650
			: Evidence from Panel Techniques that Allow for Multiple Breaks

Testing the Prebisch-Singer Hypothesis since 1650 : Evidence from Panel Techniques that Allow for Multiple Breaks »

Volume/Issue: 2013/180

Series: IMF Working Papers

Author(s): Rabah Arezki , Kaddour Hadri , Prakash Loungani , and Yao Rao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 August 2013

DOI: http://dx.doi.org/10.5089/9781484341155.001

ISBN: 9781484341155

Keywords: Primary, commodities, Unit, root tests, Multiple, Structural breaks, Volatility, commodity markets, price fluctuations, transport costs

In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run volatility. To do so, we employ 25 series, some of them starting a...

Growth Slowdowns and the Middle-Income Trap

Growth Slowdowns and the Middle-Income Trap »

Volume/Issue: 2013/71

Series: IMF Working Papers

Author(s): Shekhar Aiyar , Romain Duval , Damien Puy , Yiqun Wu , and Longmei Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 March 2013

DOI: http://dx.doi.org/10.5089/9781484330647.001

ISBN: 9781484330647

Keywords: growth, slowdown, middle income trap, Bayesian Model Averaging, per capita income, export diversification, gdp per capita, trade openness, growth rates, Bayesian Analysis

The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we ex...

Russian Federation; Staff Report for the 2011 Article IV Consultation

Russian Federation; Staff Report for the 2011 Article IV Consultation »

Volume/Issue: 2011/294

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2011

DOI: http://dx.doi.org/10.5089/9781463904852.002

ISBN: 9781463904852

Keywords: inflation, monetary policy, external debt, current account, central bank

The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing...

(Why) Should Current Account Balances Be Reduced?

(Why) Should Current Account Balances Be Reduced? »

Volume/Issue: 2011/3

Series: Staff Discussion Notes

Author(s): Gian Milesi-Ferretti , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2011

DOI: http://dx.doi.org/10.5089/9781462384860.006

ISBN: 9781462384860

Keywords: global imbalances, current account, exchange rates, current account deficits, current account surpluses, exchange rate, current account deficit, Account Balances Be Reduced?,

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

ICT Equipment Investment and Growth in Low- and Lower-Middle-Income Countries

ICT Equipment Investment and Growth in Low- and Lower-Middle-Income Countries »

Volume/Issue: 2010/66

Series: IMF Working Papers

Author(s): Markus Haacker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

DOI: http://dx.doi.org/10.5089/9781451982107.001

ISBN: 9781451982107

Keywords: ICT, technology, equipment investment, technological progress, trade data, technological advances, information technology, net exports, Macroeconomic Analyses of Economic Development, One

While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established g...

The Cost of Aggressive Sovereign Debt Policies
			: How Much is theprivate Sector Affected?

The Cost of Aggressive Sovereign Debt Policies : How Much is theprivate Sector Affected? »

Volume/Issue: 2009/29

Series: IMF Working Papers

Author(s): Christoph Trebesch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2009

DOI: http://dx.doi.org/10.5089/9781451871760.001

ISBN: 9781451871760

Keywords: Sovereign Default, Reputation Spillovers, debt policies, debt crisis, external borrowing,

This paper proposes a new empirical measure of cooperative versus conflictual crisis resolution following sovereign default and debt distress. The index of government coerciveness is presented as a proxy for excusa...

Côte d'Ivoire
			: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative:  Preliminary Document

Côte d'Ivoire : Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document »

Volume/Issue: 2009/33

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 January 2009

DOI: http://dx.doi.org/10.5089/9781451807912.002

ISBN: 9781451807912

Keywords: debt relief, debt service, external debt, traditional debt relief

This paper discusses Côte d'Ivoire's preliminary assessment of eligibility for assistance under the Enhanced Heavily Indebted Poor Countries Initiative. The March 2007 Ouagadougou Political Accord provides a roadma...