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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.

Energy Subsidy Reform
			: Lessons and Implications

Energy Subsidy Reform : Lessons and Implications »

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

DOI: http://dx.doi.org/10.5089/9781475558111.071

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book prov...

A Study of the Soviet Economy. 3-volume set
			: 3-Volume Set

A Study of the Soviet Economy. 3-volume set : 3-Volume Set »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1991

DOI: http://dx.doi.org/10.5089/9789264134683.071

ISBN: 9789264134683

Keywords: prices, payments, credit, interest, wage

This three-volume study of the Soviet economy presents the detailed information, analysis, and recommendations for the summary report presented to the Group of Seven industrial countries in December 1990. The study...

Coordinating Stabilization and Structural Reform
			: Proceedings of the Seminar Coordination of Structural Reform and Macroeconomic Stabilization, Washington, D.C., June 17-26, 1993

Coordinating Stabilization and Structural Reform : Proceedings of the Seminar Coordination of Structural Reform and Macroeconomic Stabilization, Washington, D.C., June 17-26, 1993 »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1994

DOI: http://dx.doi.org/10.5089/9781557754301.071

ISBN: 9781557754301

Keywords: interest, exchange rate, inflation, prices, restructuring

This seminar volume, edited by Richard C. Barth, Alan R. Roe, and Chorng-Huey Wong, presents an overview of the links between structural and macroeconomic policies that were addressed in an IMF Institute seminar he...

Beyond the Curse
			: Policies to Harness the Power of Natural Resources

Beyond the Curse : Policies to Harness the Power of Natural Resources »

Series: Books

Author(s): Amadou Sy , Rabah Arezki , and Thorvaldur Gylfason

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2012

DOI: http://dx.doi.org/10.5089/9781616351458.071

ISBN: 9781616351458

Keywords: natural resource, copper, inflation, commodity prices

Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this...

Yemen in the 1990s
			: From Unification to Economic Reform

Yemen in the 1990s : From Unification to Economic Reform »

Series: Occasional Papers

Author(s): Nada Choueiri , Klaus-Stefan Enders , Yuri Sobolev , Jan Walliser , and Sherwyn Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 May 2002

DOI: http://dx.doi.org/10.5089/9781589060425.084

ISBN: 9781589060425

Keywords: foreign exchange, exchange rate, crude oil, oil prices, petroleum products

The 1990s saw the unification of the two Yemens into one nation and a burgeoning of the country's oil sector. This paper examines the structural changes in the Yemeni economy brought about by these and other develo...

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...

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...

The Romanian Economic Reform Program

The Romanian Economic Reform Program »

Source: The Romanian Economic Reform Program

Volume/Issue: 1991/80

Series: IMF Working Papers

Author(s): Dimitri Demekas , and Mohsin Khan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1991

ISBN: 9781451850246

Keywords: foreign trade, banking, foreign exchange, price liberalization, banking system

With the start of the process of its transition to a market economy in early 1990, Romania joined the ranks of other reforming Eastern European countries. At the starting point of its reform program, however, Roman...