Fiscal Sustainability in Heavily Indebted Countries Dependent on Nonrenewable Resources
Author: Joseph Ntamatungiro
Publisher:
Published: 2004
Total Pages: 44
ISBN-13:
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Fiscal Policy Rules
Author: Mr.George Kopits
Publisher: International Monetary Fund
Published: 1998-07-22
Total Pages: 58
ISBN-13: 9781557757043
DOWNLOAD EBOOKWhat are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute to long-run sustainability and welfare without sacrificing short-run stabilization? If so, what characteristics of fiscal rules make this contribution most effective? And in what circumstances and contexts, if any should the IMF encourage its member countries to adopt fiscal rules? This paper seeks to identify sensible fiscal policy rules that can succeed, if chosen by a member country, as an alternative to descretionary fiscal rules.
Fiscal Sustainability in Heavily Indebted Countries Dependent on Nonrenewable Resources
Author: Joseph Ntamatungiro
Publisher:
Published: 2014
Total Pages: 38
ISBN-13:
DOWNLOAD EBOOKThis paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible with an objective for reducing the debt-to-non-oil GDP ratio; (ii) introducing a constant oil-based income transfer per capita allowing intergenerational equity; and (iii) building up an oil savings fund. Long-term simulations show that Gabon's fiscal position is fragile and that a fiscal policy path consistent with the proposed framework could help achieve comfortable levels of net wealth.
Regional Economic Outlook, Fall 2006, Sub-Saharan Africa, Supplement
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2006-05-03
Total Pages: 78
ISBN-13: 9781589065925
DOWNLOAD EBOOKProvides a broad synopsis of recent economic developments in the Middle East and Central Asia region, highlighting common trends and policies among countries in the region, and reviewing prospects and policies for the coming year. Includes a statistical appendix.
Regional Economic Outlook, October 2007, Sub-Saharan African
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2007-10-15
Total Pages: 84
ISBN-13: 1589066707
DOWNLOAD EBOOKThe region's prospects look strong. Growth in sub-Saharan Africa should reach 6 percent in 2007 and 63⁄4 percent in 2008. The economic expansion is strongest in oil exporters but cuts across all country groups. This would extend a period of very good performance. In recent years, sub-Saharan Africa has been experiencing its strongest growth and lowest inflation in over 30 years.
IMF Survey
Author: International Monetary Fund
Publisher:
Published: 2004
Total Pages: 734
ISBN-13:
DOWNLOAD EBOOKFiscal Sustainability in Heavily Indebted Countries Dependent on Nonrenewable Resources: The Case of Gabon
Author: Joseph Ntamatungiro
Publisher: INTERNATIONAL MONETARY FUND
Published: 2004-02-01
Total Pages: 37
ISBN-13: 9781451844948
DOWNLOAD EBOOKThis paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible with an objective for reducing the debt-to-non-oil GDP ratio; (ii) introducing a constant oil-based income transfer per capita allowing intergenerational equity; and (iii) building up an oil savings fund. Long-term simulations show that Gabon's fiscal position is fragile and that a fiscal policy path consistent with the proposed framework could help achieve comfortable levels of net wealth.
Regional Economic Outlook, April 2008, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2008-04-14
Total Pages: 145
ISBN-13: 1589067118
DOWNLOAD EBOOKThe region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 61⁄2 percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 81⁄2 percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.
Achieving Sustainable Development and Promoting Development Cooperation
Author: Department of Economic & Social Affairs
Publisher: United Nations Publications
Published: 2008
Total Pages: 295
ISBN-13: 9789211045871
DOWNLOAD EBOOKThis book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.
