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V Progress with Fiscal Reform in Countries in Transition

V Progress with Fiscal Reform in Countries in Transition »

Source: World Economic Outlook, May 1998 : Financial Crises: Causes and Indicators

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 1998

ISBN: 9781557757401

Keywords: debt, interest, exchange rates, current account, debtor countries

This chapter focuses on the role of fiscal policy in macroeconomic adjustments in the transition countries. Attaining reasonable balance in fiscal positions has played a crucial role in the initial achieveme...

II Global Repercussions of the Asian Crisis and Other Issues in the Current Conjuncture

II Global Repercussions of the Asian Crisis and Other Issues in the Current Conjuncture »

Source: World Economic Outlook, May 1998 : Financial Crises: Causes and Indicators

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 1998

ISBN: 9781557757401

Keywords: debt, interest, exchange rates, current account, debtor countries

The financial and foreign exchange market crises in Asia continued to worsen after completion of the World Economic Outlook: Interim Assessment published in mid-December 1997. The Interim assessment emphasiz...

I Global Economic Prospects and Policy Considerations

I Global Economic Prospects and Policy Considerations »

Source: World Economic Outlook, May 1998 : Financial Crises: Causes and Indicators

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 1998

ISBN: 9781557757401

Keywords: debt, interest, exchange rates, current account, debtor countries

The financial turmoil in Asia that erupted in mid-1997 has abated since January, and markets have partially recovered from their troughs. Nevertheless, currency and asset values in the countries involved hav...

CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality

CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction The 1990s have seen international official crisis lending of unprecedented size (Table 1). Advocates justified these bailouts as a form of international financial safety...

CHAPTER 14 Long-Term Fiscal Developments and IMF Conditionality: Is There a Link?

CHAPTER 14 Long-Term Fiscal Developments and IMF Conditionality: Is There a Link? »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction What determines the composition of fiscal adjustment, and does it differ between countries with IMF-supported programs and those without such arrangements? Moreover, how...

CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible?

CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible? »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction IMF-supported programs are often described by those on the left as creating hardships on the population because they are said to be “too tight” (Stiglitz, 2002). Those o...

Back Matter

Back Matter »

Source: World Economic Outlook, May 1998 : Financial Crises: Causes and Indicators

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 May 1998

ISBN: 9781557757401

Keywords: debt, interest, exchange rates, current account, debtor countries

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 o...