The Macroeconomic Effects Of Esaf Supported Programs

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The Macroeconomic Effects Of Esaf Supported Programs

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Author : Mr.Louis Dicks-Mireaux
language : en
Publisher: International Monetary Fund
Release Date : 1995-09-01

The Macroeconomic Effects Of Esaf Supported Programs written by Mr.Louis Dicks-Mireaux 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 1995-09-01 with Business & Economics categories.

This paper examines whether ESAF-supported programs during 1986-91 had significant independent effects on growth, inflation and the external debt service ratio. Econometric estimates of the Generalized Evaluation Estimator (GEE) identify statistically significant beneficial effects on output growth and the debt service ratio but no effects on inflation. The robustness of these estimates is also examined. Diagnostic tests cast doubt on the applicability of the GEE framework to the ESAF-eligible countries, and the results obtained using it.

Nber Macroeconomics Annual 1999

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Author : Ben S. Bernanke
language : en
Publisher: MIT Press
Release Date : 2000

Nber Macroeconomics Annual 1999 written by Ben S. Bernanke and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.

The goals of the annual NBER Macroeconomics Conference are to present, extend, and apply frontier work in macroeconomics and to stimulate work by macroeconomists in policy issues. Each paper in the Annual is followed by comments and discussion. The goals of the annual NBER Macroeconomics Conference are to present, extend, and apply frontier work in macroeconomics and to stimulate work by macroeconomists in policy issues. Each paper in the Annual is followed by comments and discussion.

Imf Working Paper

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Author :
language : en
Publisher:
Release Date : 1997

Imf Working Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Finance categories.

Imf Staff Papers Volume 42 No 4

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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1995-01-01

Imf Staff Papers Volume 42 No 4 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 1995-01-01 with Business & Economics categories.

This paper describes early contributions of Staff Papers to international economics. The paper highlights that Staff Papers has, since its inception in 1950, been an important vehicle for the dissemination of research done by the IMF staff. This paper discusses three areas in which articles published in Staff Papers up until the 1970s made major contributions to the literature in international economics. The areas covered are: the absorption approach and the monetary theory of the balance of payments; the Mundell-Fleming model; and foreign trade modeling.

The Imf Approach To Economic Stabilization

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Author : Mr.Michael Mussa
language : en
Publisher: International Monetary Fund
Release Date : 1999-07-01

The Imf Approach To Economic Stabilization written by Mr.Michael Mussa 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 1999-07-01 with Business & Economics categories.

This paper explains the IMF approach to economic stabilization. It argues that a Fund-supported program is a process, comprising six broadly defined phases, that evolves along a multiplicity of potential pathways. The paper discusses the three-pronged approach to stabilization at the core of all IMF-supported programs, stresses the iterative character of “financial programming,” and explains the rationale for setting quantitative performance criteria for fiscal and monetary policy in IMF-supported arrangements. A main theme is that IMF-supported programs contain a great deal of flexibility to respond both to differences in circumstances and to changes in conditions in individual cases.

Macroeconomic And Structural Policies In Fund Supported Programs Review Of Experience

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Author : International Monetary Fund. Policy Development and Review Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2004-11-24

Macroeconomic And Structural Policies In Fund Supported Programs Review Of Experience written by International Monetary Fund. Policy Development and Review 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 2004-11-24 with Business & Economics categories.

A Fund-supported program is a package of envisaged policies which, combined with approved financing, is expected to achieve certain economic objectives such as fostering macroeconomic stability and orderly external adjustment, promoting growth and poverty reduction, and reducing vulnerability to future balance of payments problems or financial crises. This paper reviews experience with specific macroeconomic and structural policies intended to achieve these objectives.

Working Paper Summaries July December 1995

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Author : International Monetary Fund. Editorial Division
language : en
Publisher:
Release Date : 1996

Working Paper Summaries July December 1995 written by International Monetary Fund. Editorial Division and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Economic policy categories.

Imf Supported Programs And Income Convergence In Low Income Countries

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Author : Tejesh Pradhan
language : en
Publisher: International Monetary Fund
Release Date : 2018-12-13

Imf Supported Programs And Income Convergence In Low Income Countries written by Tejesh Pradhan 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 2018-12-13 with Business & Economics categories.

Continuing the empirical debate on the effects of IMF-supported programs on participating countries’ macroeconomic performance, we focus on the issue of whether these programs accelerate conditional ß-convergence among low-income countries (LICs). We use an unbalanced panel dataset for 85 LICs over the period 1986-2015 and employ two different econometric methods to address the selection bias problem. Our empirical results suggest that the rate of conditional income per capita convergence is faster among LICs with extended IMF support than that in countries without support or with intermittent support.

Annual Report Of The Executive Directors For The Fiscal Year

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Author : International Monetary Fund
language : en
Publisher:
Release Date : 1987

Annual Report Of The Executive Directors For The Fiscal Year written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Foreign exchange categories.

Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers

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Author : Hugh Bredenkamp
language : en
Publisher: International Monetary Fund
Release Date : 1999-06-30

Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers written by Hugh Bredenkamp 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 1999-06-30 with Business & Economics categories.

The Enhanced Structural Adjustment Facility (ESAF) is the cenerpiece of the International Monetary Fund's strategy to provide assistance on concessional terms to low-income member countries that are undertaking important macroeconomic adjustment and stuctural reforms. By February 1999, a total of SDR 7 billion (about US$9 billion) had been distributed under 79 ESAF arrangements to 51 developing countries. Edited by Hugh Bredenkamp and Susan Schadler, this volume features internal IMF staff assessments of the ESAF and provides an historical account of policies implemented and outcomes achieved under ESAF- supported programs.