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Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

Mauritius
			: Challenges of Sustained Growth

Mauritius : Challenges of Sustained Growth »

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

DOI: http://dx.doi.org/10.5089/9781589064164.058

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Mauritius has achieved remarkable success since its independence in 1968. It has one of the highest per capita GDPs in Africa, the economy has diversified from complete dependence on the sugar crop, into textiles,...

Bangkok conference: “Perfect” monetary and exchange rate strategies for East Asia may prove difficult to devise

Bangkok conference: “Perfect” monetary and exchange rate strategies for East Asia may prove difficult to devise »

Source: IMF Survey, Volume 30, Issue 19

Volume/Issue: 30/19

Series: IMF Survey

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451927306

Keywords: economic outlook, macroeconomic policies, monetary policy, structural reforms, emerging markets

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...

Underlying Factors Driving Fiscal Effort in Emerging Market Economies

Underlying Factors Driving Fiscal Effort in Emerging Market Economies »

Source: Underlying Factors Driving Fiscal Effort in Emerging Market Economies

Volume/Issue: 2005/106

Series: IMF Working Papers

Author(s): Taimur Baig , and Abdul Abiad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861259

Keywords: fiscal effort, institutional variables, democratic accountability, fiscal adjustment, Fiscal Policies and Behavior of Economic Agents: Other,

Using a panel dataset of 34 emerging market countries for the period 1990-2002, we examine the roles of various economic, political, and institutional variables in determining fiscal effort, as proxied by the prima...

Rethinking Macroeconomic Policy1

Rethinking Macroeconomic Policy1 »

Source: Rethinking Macroeconomic Policy

Volume/Issue: 2010/03

Series: IMF Staff Position Notes

Author(s): Olivier Blanchard , Giovanni Dell'Ariccia , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781455224982

Keywords: Bank credit, Bank regulations, Bank supervision, Central bank role, Economic policy, Economic stabilization, Financial crisis, Financial intermediation, Fiscal policy, Inflation targeting

The great moderation lulled macroeconomists and policymakers alike in the belief that we knew how to conduct macroeconomic policy. The crisis clearly forces us to question that assessment. In this paper, we review...

Books: China and India: Drawing Lessons from What Works

Books: China and India: Drawing Lessons from What Works »

Source: IMF Survey, Volume 35, Issue 20

Volume/Issue: 35/20

Series: IMF Survey

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

ISBN: 9781451968835

Keywords: international monetary fund, public debt, financial sector, Banks and banking, Business Conditions, Capital Market, Carstens Carstens, Agustin Guillermo, 1958-, Economic Development. Finance

Murilo Portugal, Agustin Carstens, Kyrgyz Republic, HIPC, central Asia, Indonesian debt, Saudi Arabian economy, Peter Kenen, European Central Bank, ECB, Danish economy, flexicurity,Burundi's economy, aid volatility...

FDI Flows to Low-Income Countries

FDI Flows to Low-Income Countries »

Source: FDI Flows to Low-Income Countries : Global Drivers and Growth Implications

Volume/Issue: 2010/132

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2010

ISBN: 9781455201150

Keywords: FDI, Business Cycle, Low-income Countries, host country, direct investment, bilateral trade, foreign direct investment, International Policy Coordination and Transmission, Economic Growth of Open Economies, International Factor Movements And International Business,

What accounts for variations in FDI flows from advanced to developing countries? How have FDI inflows explained cross-country growth experiences? In this paper we tackle both these questions empirically for a large...

CHAPTER 9. Medium-Term Challenges and Concluding Remarks

CHAPTER 9. Medium-Term Challenges and Concluding Remarks »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

The Factors Behind Sustained Growth The discussion in the previous chapters leads to some key conclusions. First, the Mauritian growth performance since the 1970s has been exceptiona...

CHAPTER 1. Overview

CHAPTER 1. Overview »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

The purpose of this paper is to present the remarkable achievements of the economy of Mauritius since independence, and to highlight the factors that have made this performance possible. The record is impres...

CHAPTER 2. Outstanding Growth Performance

CHAPTER 2. Outstanding Growth Performance »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Mauritius’s Initial Conditions Mauritius is a small island economy in a remote section of the Indian Ocean. The island was visited by Malays, Arabs, and Portuguese in the sixteenth c...

CHAPTER 3. Sectoral Diversification and Openness

CHAPTER 3. Sectoral Diversification and Openness »

Source: Mauritius : Challenges of Sustained Growth

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Main Trends in Diversification Table 3.1 sketches a brief synopsis of the history of industrial transformation in Mauritius, indicating which were the principal growt...