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The Day After Tomorrow
			: Designing an Optimal Fiscal Strategy for Libya

The Day After Tomorrow : Designing an Optimal Fiscal Strategy for Libya »

Volume/Issue: 2013/79

Series: IMF Working Papers

Author(s): Carlos Caceres , Serhan Cevik , Ricardo Fenochietto , and Borja Gracia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2013

DOI: http://dx.doi.org/10.5089/9781484389812.001

ISBN: 9781484389812

Keywords: Fiscal policy, cyclical adjustment, fiscal sustainability, permanent income hypothesis, fiscal rules, natural resources, public financial management, fiscal stance, primary deficit, Structure and Scope of Government

Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...

Libya
			: Technical Assistance Report-Public Financial Management Reform  Priorities in the New Environment

Libya : Technical Assistance Report-Public Financial Management Reform Priorities in the New Environment »

Volume/Issue: 2013/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2013

DOI: http://dx.doi.org/10.5089/9781475528954.002

ISBN: 9781475528954

Keywords: budget preparation, medium-term fiscal framework, public financial management, budget execution

Libya faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. The Sovereign Wealth Fu...

Regional Economic Outlook, Middle East and Central Asia, October 2015

Regional Economic Outlook, Middle East and Central Asia, October 2015 »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

DOI: http://dx.doi.org/10.5089/9781513528526.086

ISBN: 9781513528526

Keywords: environment, oil, oil prices, prices, exporters

This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income o...

The Day After Tomorrow

The Day After Tomorrow »

Source: The Day After Tomorrow : Designing an Optimal Fiscal Strategy for Libya

Volume/Issue: 2013/79

Series: IMF Working Papers

Author(s): Carlos Caceres , Serhan Cevik , Ricardo Fenochietto , and Borja Gracia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2013

ISBN: 9781484389812

Keywords: Fiscal policy, cyclical adjustment, fiscal sustainability, permanent income hypothesis, fiscal rules, natural resources, public financial management, fiscal stance, primary deficit, Structure and Scope of Government

Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...

The Elusive Revival: The expected boost in growth from natural resource booms is not yet happening

The Elusive Revival: The expected boost in growth from natural resource booms is not yet happening »

Source: Finance and Development, September 2013

Volume/Issue: 50/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781484353653

Keywords: natural resources, natural resource, natural resource management

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterl...

Book Reviews

Book Reviews »

Source: Finance and Development, September 2013

Volume/Issue: 50/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781484353653

Keywords: natural resources, natural resource, natural resource management

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterl...

Republic of Kazakhstan: Selected Issues

Republic of Kazakhstan: Selected Issues »

Source: Republic of Kazakhstan : Selected Issues

Volume/Issue: 2004/362

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2004

ISBN: 9781451820935

Keywords: oil sector, international monetary fund, oil production, oil prices

This Selected Issues paper analyzes the optimal policy response on the part of the Kazakhstan authorities to the prospective oil inflows. It surveys the literature on the so-called natural resource curse and offers...

Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region

Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region »

Source: Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region

Volume/Issue: 2004/139

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451856071

Keywords: Multinational firms, MENA countries, fdi, investment risk, direct investment

This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have...

France: Staff Report for the 2003 Article IV Consultation

France: Staff Report for the 2003 Article IV Consultation »

Source: France : Staff Report for the 2003 Article IV Consultation

Volume/Issue: 2003/334

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 October 2003

ISBN: 9781451813456

Keywords: interest, debt, pension reform, deficit, interest rates

Over the past several years, implementation of IMF recommendations has been lacking not so much in intention as in pace and timing owing to political economy considerations and a strong social preference for public...

Rwanda

Rwanda »

Source: Rwanda : Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document

Volume/Issue: 2005/173

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 June 2005

ISBN: 9781451833362

Keywords: debt, debt service, external debt, bilateral debt

This paper presents the Completion Point Document for consideration of Rwanda's Enhanced Initiative for Heavily Indebted Poor Countries. The government has maintained the policy of protecting social sector budget a...