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Regional Economic Outlook, May 2018, Europe

Managing the Upswing in Uncertain Times

The Spring EUR REO projects the economic outlook for the region for the next six months.

Natural Gas, Public Investment and Debt Sustainability in Mozambique

Natural Gas, Public Investment and Debt Sustainability in Mozambique »

Volume/Issue: 2013/261

Series: IMF Working Papers

Author(s): Giovanni Melina , and Yi Xiong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2013

DOI: http://dx.doi.org/10.5089/9781484326404.001

ISBN: 9781484326404

Keywords: Debt sustainability, Public investment, DIGNAR Author&;amp;#x2019;s E-Mail, banking, banking crises, banking sector, return on equity, bank runs, General, Exhaustible Resources and Economic Development

Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes and other fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue....

Ireland
			: Fifth Review Under the Extended Arrangement:  Staff Report; Staff Supplement; Press Release on the Executive Board Discussion.

Ireland : Fifth Review Under the Extended Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion. »

Volume/Issue: 2012/48

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2012

DOI: http://dx.doi.org/10.5089/9781463935818.002

ISBN: 9781463935818

Keywords: central bank, external debt, government debt, fiscal consolidation, government deficit

The staff report for Ireland's fifth review under the Extended Arrangement states that financial sector reforms continued to advance, with the two structural benchmarks for end-2011 observed. In particular, target...

Do Fiscal Spillovers Matter?

Do Fiscal Spillovers Matter? »

Volume/Issue: 2011/211

Series: IMF Working Papers

Author(s): Sebastian Weber , and Anna Ivanova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

DOI: http://dx.doi.org/10.5089/9781463902315.001

ISBN: 9781463902315

Keywords: coordinated fiscal exit, fiscal changes, fiscal consolidation, fiscal measure, Macroeconomic Aspects Of International Trade And Finance, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook, general Aggregative Models,

The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggr...

Euro Area Policies
			: Spillover Report for the 2011 Article IV Consultation and Selected Issues

Euro Area Policies : Spillover Report for the 2011 Article IV Consultation and Selected Issues »

Volume/Issue: 2011/185

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2011

DOI: http://dx.doi.org/10.5089/9781462339549.002

ISBN: 9781462339549

Keywords: spillovers, bond, financial markets, financial market, financial sector, Euro Area Policies:,

The euro area (EA) plays a major role in the global economy. Market perceptions of events in the EA program countries illustrate the possibility of large spillovers from the area in times of stress. The prospect of...

Spillovers of Domestic Shocks
			: Will They Counteract the 'Great Moderation'?

Spillovers of Domestic Shocks : Will They Counteract the 'Great Moderation'? »

Volume/Issue: 2010/78

Series: IMF Working Papers

Author(s): Ashoka Mody , and Alina Carare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

DOI: http://dx.doi.org/10.5089/9781451982213.001

ISBN: 9781451982213

Keywords: Output growth volatility, vertical specialization, output growth, domestic shocks, global trade,

Even prior to the extreme volatility just observed, output growth volatility-following protracted decline-was flattening or mildly rising in some countries. More widespread was an increasing tendency from the mid-1...

Tax Policy
			: Recent Trends and Coming Challenges

Tax Policy : Recent Trends and Coming Challenges »

Volume/Issue: 2007/274

Series: IMF Working Papers

Author(s): Tehmina S. Khan , and John Norregaard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

DOI: http://dx.doi.org/10.5089/9781451868371.001

ISBN: 9781451868371

Keywords: Tax reform, personal income tax, corporate income tax, value-added tax, tax wedge, green taxes, taxation, tax revenues, tax rates, tax systems,

This paper provides an overview of the key economic factors that shape tax policy reform in many high-income countries, developing countries, and/or transition economies. The paper describes and evaluates global an...

Ireland
			: Financial System Stability Assessment Update

Ireland : Financial System Stability Assessment Update »

Volume/Issue: 2006/292

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2006

DOI: http://dx.doi.org/10.5089/9781451818833.002

ISBN: 9781451818833

Keywords: banking, financial services, financial institutions, financial system, financial sector

The Irish financial sector has continued to perform well since its participation in the Financial Sector Assessment Program (FSAP) in 2000. Although the outlook remains very strong for 2006-07, there are some macro...

The Baltic Countries
			: Medium-Term Fiscal Issues Related to EU and NATO Accession

The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2002

DOI: http://dx.doi.org/10.5089/9781589061040.084

ISBN: 9781589061040

Keywords: fiscal policy, public debt, current account, expenditure, taxation

Ten years after regaining independence, the Baltic Countries--Estonia, Latvia, and Lithuania--are expected to be invited to join the European Union (EU) and NATO in 2004. This paper provides a macroeconomic perspec...

Fiscal Policy Management in an Open Capital Regime

Fiscal Policy Management in an Open Capital Regime »

Volume/Issue: 1997/20

Series: IMF Working Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1997

DOI: http://dx.doi.org/10.5089/9781451922158.001

ISBN: 9781451922158

Keywords: globalization, capital flows, capital inflows, fiscal position, fiscal stance

This paper argues that as countries open their capital regimes, the appropriate fiscal stance should become more conservative than when capital is immobile. Further fiscal adjustment may be necessary in the face of...