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Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010


Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010
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Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010


Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010
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Author : Mr.Driton Qehaja
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-01

Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010 written by Mr.Driton Qehaja and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with Business & Economics categories.


External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: the Russian crisis of 1998 and the global financial crisis of 2008-2009. The country went through large fiscal adjustments during these crises and launched important fiscal reforms. The paper reviews the crises and reform experience. In particular, it aims to explain the motivation for reforms, describe reform design and implementation, and provide an understanding of their outcomes. The paper also catalogues the form and size of international assistance for Moldova.



Republic Of Moldova


Republic Of Moldova
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2012-10-22

Republic Of Moldova written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-22 with Business & Economics categories.


This Selected Issues paper on the Republic of Moldova was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 17, 2012. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of the Republic of Moldova or the Executive Board of the IMF.



Imf Research Bulletin June 2012


Imf Research Bulletin June 2012
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2012-06-05

Imf Research Bulletin June 2012 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-05 with Business & Economics categories.


The research summaries in the June 2012 issue of the IMF Research Bulletin are "Public Debt in Advanced Economies and Its Spillover Effects on Long-Term Yields" (by C. Emre Alper and Lorenzo Forni) and "Expansionary Fiscal Contractions: The Empirical Evidence" (by Rina Bhattacharya and Sanchita Mukherjee). The Q&A covers "Seven Questions about Income Inequality" (by Laura Feiveson). Also included in this issue are details on visiting scholars at the IMF, a listing of recently published IMF Working Papers and Staff Discussion Notes, as well as information on IMF Economic Review.



Republic Of Moldova


Republic Of Moldova
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Author : United Nations. Economic Commission for Europe. Committee on Environmental Policy
language : en
Publisher:
Release Date : 2014

Republic Of Moldova written by United Nations. Economic Commission for Europe. Committee on Environmental Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.


The present publication contains the third Environmental Performance Review of the Republic of Moldova. The review takes stock of the progress made by the Republic of Moldova in the management of its environment since the country was reviewed in 2005 for the second time. It assesses the implementation of the recommendations contained in the second review. This second EPR also covers 10 issues of importance to the country related to policymaking, planning and implementation, the financing of environmental policies and projects and the integration of environmental concerns into economic sectors, in particular agriculture, sustainable management and protection of water resources, waste management, climate change, and biodiversity and protected areas. The publication is aimed at officials and experts working for public authorities responsible for environmental policy, representatives of civil society, the business community, academia and the media.



Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010


Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010
DOWNLOAD
Author : Mr.Driton Qehaja
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-01

Fiscal Policy Response To External Crises The Case Of Moldova 1998 2010 written by Mr.Driton Qehaja and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with Business & Economics categories.


External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: the Russian crisis of 1998 and the global financial crisis of 2008-2009. The country went through large fiscal adjustments during these crises and launched important fiscal reforms. The paper reviews the crises and reform experience. In particular, it aims to explain the motivation for reforms, describe reform design and implementation, and provide an understanding of their outcomes. The paper also catalogues the form and size of international assistance for Moldova.



Global Economic Prospects And The Developing Countries


Global Economic Prospects And The Developing Countries
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Author :
language : en
Publisher:
Release Date : 1999

Global Economic Prospects And The Developing Countries written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Economic forecasting categories.




Global Debt Database Methodology And Sources


Global Debt Database Methodology And Sources
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Author : Samba Mbaye
language : en
Publisher: International Monetary Fund
Release Date : 2018-05-14

Global Debt Database Methodology And Sources written by Samba Mbaye and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-14 with Business & Economics categories.


This paper describes the compilation of the Global Debt Database (GDD), a cutting-edge dataset covering private and public debt for virtually the entire world (190 countries) dating back to the 1950s. The GDD is the result of a multiyear investigative process that started with the October 2016 Fiscal Monitor, which pioneered the expansion of private debt series to a global sample. It differs from existing datasets in three major ways. First, it takes a fundamentally new approach to compiling historical data. Where most debt datasets either provide long series with a narrow and changing definition of debt or comprehensive debt concepts over a short period, the GDD adopts a multidimensional approach by offering multiple debt series with different coverages, thus ensuring consistency across time. Second, it more than doubles the cross-sectional dimension of existing private debt datasets. Finally, the integrity of the data has been checked through bilateral consultations with officials and IMF country desks of all countries in the sample, setting a higher data quality standard.



Rethinking Development Strategies After The Financial Crisis


Rethinking Development Strategies After The Financial Crisis
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Author : Alfredo Fernando Calcagno
language : en
Publisher:
Release Date : 2015

Rethinking Development Strategies After The Financial Crisis written by Alfredo Fernando Calcagno and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.


Recent economic trends and the challenges posed by the global crisis reinforce the importance of implementing strategies for development as opposed to leaving the economy to market forces. Countries need a strategic compass for long-run economic development. This comprises macroeconomic policies, sectoral policies (including financial sector, trade and industrial policies), institution building in key areas and development-friendly global governance. Within a chosen medium- or long-term strategy, governments need more policy space to adjust to the specific (and evolving) social, historical and institutional context. In this volume, issues that all developing countries need to handle are discussed.



Coordination Of Monetary And Fiscal Policies


Coordination Of Monetary And Fiscal Policies
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1998-03-01

Coordination Of Monetary And Fiscal Policies written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-03-01 with Business & Economics categories.


Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.



Evolving Monetary Policy Frameworks In Low Income And Other Developing Countries


Evolving Monetary Policy Frameworks In Low Income And Other Developing Countries
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-10-23

Evolving Monetary Policy Frameworks In Low Income And Other Developing Countries written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-23 with Business & Economics categories.


Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.