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The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments »

Source: The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

Volume/Issue: 2010/193

Series: IMF Working Papers

Author(s): Marc Quintyn , and Sophia Gollwitzer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455205233

Keywords: Macroeconomic Commitment Institutions, Political-Economic Institutions, inflation, central bank, monetary fund, monetary union, The Effectiveness of Macroeconomic Commitment, Fiscal and Monetary Policy in Development, Capitalist Systems: Political Economy, Other Economic Systems: Other

This paper analyzes the institutional conditions affecting the establishment and effectiveness of independent central banks and of budgetary institutions. It draws on the recent theory developed by North, Wallis an...

Expansion, récession ou prospérité? L’exploitation des richesses naturelles en Afrique subsaharienne

Expansion, récession ou prospérité? L’exploitation des richesses naturelles en Afrique subsaharienne »

Source: Expansion, récession ou prospérité? L'exploitation des richesses naturelles en Afrique subsaharienne

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 December 2013

Language: French

ISBN: 9781484374443

Keywords: oil, minerals, fiscal framework, governance, resource curse, Dutch disease, taxation, investment efficiency, capacity, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

ANNEX 3 Country Desk Reviews: Methodology and Summary Findings

ANNEX 3 Country Desk Reviews: Methodology and Summary Findings »

Source: The IMF and Aid to Sub-Saharan Africa

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2007

ISBN: 9781589066359

Keywords: expenditures, debt, expenditure, current account, public expenditure

This annex presents evidence gathered during desk review work on 14 SSA countries with PRGF-supported programs. It also outlines the methodology used by the evaluation team to collect and analyze the informa...

Chapter 2 Country Policies and Programs

Chapter 2 Country Policies and Programs »

Source: The IMF and Aid to Sub-Saharan Africa

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2007

ISBN: 9781589066359

Keywords: expenditures, debt, expenditure, current account, public expenditure

This chapter reports on the evaluation’s findings about aid-related issues in the design of PRGF-supported programs. It covers (1) the links between aid and current account and fiscal adjustment in PRGFs; (2...

ANNEX 2 Quantitative Analysis

ANNEX 2 Quantitative Analysis »

Source: The IMF and Aid to Sub-Saharan Africa

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2007

ISBN: 9781589066359

Keywords: expenditures, debt, expenditure, current account, public expenditure

This annex extends and deepens the empirical analysis presented in Chapter 2, the sections on “Accommodation of Aid” and “Analysis of Aid” of the main report. It discusses some developments over time and pro...

A View from the Paris Club

A View from the Paris Club »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

The question I would like to broach this morning concerns the Paris Club’ s handling of the debts of African countries, in terms of present status as well as on a more forward-looking level. This, indeed, is...

5 Monitoring Developing-Country Governance

5 Monitoring Developing-Country Governance »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

Governance is central in development, so it is natural that many stakeholders want to monitor it. Also natural is that these stakeholders use governance measures in different ways:...

4 Strengthening the Performance of International Financial Institutions1

4 Strengthening the Performance of International Financial Institutions1 »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

This chapter examines the performance of the international financial institutions (IFIs) in taking action to fulfill their responsibilities and accountabilities within the Monterrey compact and in providing...

6 Monitoring and Improving Governance Subsystems

6 Monitoring and Improving Governance Subsystems »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

Governance being multidimensional, both reform and monitoring to support reform are best tackled through specific subsystems. The framework laid out in the previous chapter distinguished among three broad su...

7 Strengthening Global Checks and Balances

7 Strengthening Global Checks and Balances »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

The worldwide scale of embezzled funds and corruption proceeds is difficult to judge. One estimate puts it at a staggering $1 trillion a year (Kaufmann 2005). Nigeria’s President Abacha embezzled between $2...