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The Elusive Quest for Inclusive Growth »
Source: The Elusive Quest for Inclusive Growth : Growth, Poverty, and Inequality in Asia
Volume/Issue: 2013/152
Series: IMF Working Papers
Author(s): Ravi Balakrishnan , Chad Steinberg , and Murtaza Syed
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 June 2013
ISBN: 9781475531169
Keywords: Inequality, Labor Market, pro-poor, gini, income distribution, Personal Income and Wealth Distribution, Government Policy and Regulation, General, Macroeconomic Analyses of Economic Development,
This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two dec...

Spillovers to Low-Income Countries »
Source: Spillovers to Low-Income Countries : Importance of Systemic Emerging Markets
Volume/Issue: 2012/49
Series: IMF Working Papers
Author(s): Era Dabla-Norris , Raphael Espinoza , and Sarwat Jahan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2012
ISBN: 9781463937102
Keywords: Growth Spillovers, Low-Income Countries, Decoupling, Panel Estimate, real gdp, gdp growth, commodity prices, commodity exporters, Economic Growth of Open Economies,
This paper documents the expanding economic linkages between low-income countries (LICs) and a narrow group of "Emerging Market leaders" that have become major players in regional and global trade and financial flo...

Inclusive Growth »
Source: Inclusive Growth : Measurement and Determinants
Volume/Issue: 2013/135
Series: IMF Working Papers
Author(s): Rahul Anand , Saurabh Mishra , and Shanaka Peiris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 May 2013
ISBN: 9781484323212
Keywords: pro-poor growth, distribution, equity, inequality, social mobility, pro-poor, distribution of income, welfare function, Justice, and Other Normative Criteria and Measurement
We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are cal...

Structural Transformation and the sophistication of Production »
Source: Structural Transformation and the sophistication of Production
Volume/Issue: 2012/59
Series: IMF Working Papers
Author(s): Nicola Spatafora , Rahul Anand , and Saurabh Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2012
ISBN: 9781463937775
Keywords: Structural Transformation, Sophistication of Production, manufactured exports, exports of goods, export basket, export baskets, Economic Growth of Open Economies,
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was...

Challenges in Expanding Development Assistance »
Source: Challenges in Expanding Development Assistance
Volume/Issue: 2002/5
Series: IMF Policy Discussion Papers
Author(s): Peter Heller , and Sanjeev Gupta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2002
ISBN: 9781451972788
Keywords: Absorptive capacity, Poverty, Foreign aid, ODA, international public goods, exchange rate, capita income, industrial countries, real exchange, public goods
This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium...

Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries »
Source: Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries
Volume/Issue: 2011/255
Series: IMF Working Papers
Author(s): Nkunde Mwase
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2011
ISBN: 9781463923914
Keywords: BRICs, Low-Income Countries, Panel VAR, Panel OLS, Concessionality, loan financing, bank debt, equation, dummy variable, error variance
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitmen...

Protectionist Responses to the Crisis »
Source: Protectionist Responses to the Crisis : Damage Observed in Product-Level Trade
Volume/Issue: 2011/139
Series: IMF Working Papers
Author(s): Brad McDonald , and Christian Henn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2011
ISBN: 9781455265442
Keywords: Global Crisis, First-differenced Gravity Equation, Time-varying Fixed Effects, WTO, trade impact, import restrictions, trade flows, global trade, world trade, Trade: General
This paper investigates how trade flows are being affected by new discriminatory measures implemented during the global financial crisis. We match data on behind-the-border measures (e.g., bailouts and subsidies) a...

Central Bank Independence and Transparency »
Source: Central Bank Independence and Transparency : Evolution and Effectiveness
Volume/Issue: 2008/119
Series: IMF Working Papers
Author(s): Christopher Crowe , and Ellen Meade
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2008
ISBN: 9781451869798
Keywords: inflation, central bank, inflation targeting, monetary fund
This paper examines the current level of central bank independence (CBI) and transparency in a broad sample of countries using newly constructed measures, and looks at the evolution in both measures from an earlier...

Trade and Trade Finance in the 2008-09 Financial Crisis »
Source: Trade and Trade Finance in the 2008-09 Financial Crisis
Volume/Issue: 2011/16
Series: IMF Working Papers
Author(s): Thomas Dorsey , Mika Saito , Armine Khachatryan , Irena Asmundson , and Ioana Niculcea
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2011
ISBN: 9781455212507
Keywords: Crisis, survey, export credit, surveys, export credit insurance, export credit agencies, Macroeconomic Aspects of International Trade and Finance: Other, Financial Markets and the Macroeconomy,
Global merchandise trade sharply declined in late 2008 and early 2009, and some press and financial market reports assigned a large role for the decline to trade finance. However, the available evidence suggests th...

Trade, Growth, and Poverty »
Source: Trade, Growth, and Poverty : A Selective Survey
Volume/Issue: 2003/30
Series: IMF Working Papers
Author(s): Andrew Berg , and Anne Krueger
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2003
ISBN: 9781451844931
Keywords: growth, trade protection, openness, trade liberalization, tariff rates, trade openness, average tariff, Country and Industry Studies of Trade, Economic Growth of Open Economies, Welfare and Poverty: General,
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects of openness on poverty in two components: the effect of openness on average income growth, and...