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Global Financial Stability Report, April 2019

Vulnerabilities in a Maturing Credit Cycle

The April 2019 GFSR finds that despite significant variability over the past two quarters, financial conditions remain accommodative.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

The Romanian Economic Reform Program

The Romanian Economic Reform Program »

Series: Occasional Papers

Author(s): Mohsin Khan , and Dimitri Demekas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

DOI: http://dx.doi.org/10.5089/9781557751904.084

ISBN: 9781557751904

Keywords: banking, foreign trade, foreign exchange, price liberalization, reform program

This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objective...

Summary Proceedings of the Fifty-Ninth Annual Meeting of the Boards of Governors

Summary Proceedings of the Fifty-Ninth Annual Meeting of the Boards of Governors »

Series: Summary Proceedings

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

DOI: http://dx.doi.org/10.5089/9781589065123.015

ISBN: 9781589065123

Keywords: debt, debt relief, debt cancellation, oil prices, world economy

The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Develo...

Lifting the Oil Curse
			: Improving Petroleum Revenue Management in Sub-Saharan Africa

Lifting the Oil Curse : Improving Petroleum Revenue Management in Sub-Saharan Africa »

Series: IMF Special Issues

Author(s): Harinder Malothra , Milan Cuc , Ulrich Bartsch , and Menachem Katz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 2004

DOI: http://dx.doi.org/10.5089/9781589063174.058

ISBN: 9781589063174

Keywords: fiscal policy, oil sector, oil companies, exchange rate, oil prices

How can a country turn oil revenues into a blessing rather than a curse? With growing international interest in new offshore oil deposits in sub-Saharan Africa, there is also greater scrutiny of the reasons why man...

World Economic Outlook, October 1994

World Economic Outlook, October 1994 »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 1994

DOI: http://dx.doi.org/10.5089/9781557753854.081

ISBN: 9781557753854

Keywords: capital inflows, inflation, commodity prices, monetary policy, capital flows

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an...

The Macroeconomics of the Arab States of the Gulf

The Macroeconomics of the Arab States of the Gulf »

Series: Books

Author(s): Raphael Espinoza , Ghada Fayad , and Ananthakrishnan Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 November 2013

DOI: http://dx.doi.org/10.5089/9780199683796.071

ISBN: 9780199683796

Keywords: oil, monetary policy, fiscal policy, expenditure, oil prices

The economies of the Arab states of the Gulf have gone through considerable changes in the last decade, spurred by high oil prices and ambitious diversification plans. Large-scale immigration provided the labor for...

Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Commodity Price Volatility and Inclusive Growth in Low-Income Countries »

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

DOI: http://dx.doi.org/10.5089/9781616353797.071

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food...

Regional Economic Outlook, April 2011, Middle East and Central Asia

Regional Economic Outlook, April 2011, Middle East and Central Asia »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2011

DOI: http://dx.doi.org/10.5089/9781616350642.086

ISBN: 9781616350642

Keywords: oil importers, oil exporters, oil and gas, subsidies, oil prices

This issue of the Regional Economic Outlook: Middle East and Central Asia provides an in-depth look at the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, as well as the Caucasus and Central As...

World Economic Outlook, September 2005
			: Building Institutions

World Economic Outlook, September 2005 : Building Institutions »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2005

DOI: http://dx.doi.org/10.5089/9781589064546.081

ISBN: 9781589064546

Keywords: inflation, current account, inflation targeting, oil prices, institutional quality

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an...

World Economic Outlook, April 2008
			: Housing and the Business Cycle

World Economic Outlook, April 2008 : Housing and the Business Cycle »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2008

DOI: http://dx.doi.org/10.5089/9781589067196.081

ISBN: 9781589067196

Keywords: commodity prices, emission, monetary policy, mortgage, domestic demand

The global expansion is losing speed in the face of a major financial crisis. The slowdown has been greatest in the advanced economies, particularly in the United States, where the housing market correction continu...

Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Fiscal Policy Formulation and Implementation in Oil-Producing Countries »

Series: Books

Author(s): Jeffrey Davis , Annalisa Fedelino , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2003

DOI: http://dx.doi.org/10.5089/9781589061750.071

ISBN: 9781589061750

Keywords: oil prices, fiscal policy, oil revenues, oil and gas, taxation

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerabil...