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Africa on the Move
			: Unlocking the Potential of Small Middle-Income States

Africa on the Move : Unlocking the Potential of Small Middle-Income States »

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

DOI: http://dx.doi.org/10.5089/9781513588605.071

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the b...

Increasing Productivity Growth in Middle Income Countries

Increasing Productivity Growth in Middle Income Countries »

Source: Increasing Productivity Growth in Middle Income Countries

Volume/Issue: 2015/2

Series: IMF Working Papers

Author(s): Aidar Abdychev , La-Bhus Fah Jirasavetakul , Andrew Jonelis , Lamin Leigh , Ashwin Moheeput , Friska Parulian , Ara Stepanyan , and Albert Touna Mama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2015

ISBN: 9781484328439

Keywords: Growth, potential growth&;amp;#x2026;, environment, debt, productivity growth, economics, trade, Forecasting and Other Model Applications, Forecasting and Simulation, One

Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in recent years. Although factor accumulation, most notably capital deepening, was crucial to the succe...

Chapter 3. Long-Term Implications of Fiscal Policy for Labor Market Outcomes

Chapter 3. Long-Term Implications of Fiscal Policy for Labor Market Outcomes »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

Policymakers sometimes view the expansion of public employment as a useful tool for reducing high unemployment. This is probably one of the reasons public employment accounts for an important share of total...

Chapter 4. Increasing Productivity Growth in Small Middle-Income Countries

Chapter 4. Increasing Productivity Growth in Small Middle-Income Countries »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

As indicated in Chapter 1, prudent macroeconomic management and improved institutional settings in many of the small middle-income countries (SMICs) in sub-Saharan Africa resulted in impressive economic perf...

Chapter 1. Introduction

Chapter 1. Introduction »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

Background Sub-Saharan Africa has experienced strong growth since 1992, prompting many observers to argue that the region has reached a turning point in its development history and i...

Chapter 2. Macroeconomic Vulnerability: Reserves Adequacy and Fiscal Policy

Chapter 2. Macroeconomic Vulnerability: Reserves Adequacy and Fiscal Policy »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

The turbulence in global markets in the past few years underscores the importance of reassessing the adequacy of international reserves, including for small middle-income countries (SMICs) in sub-Saharan Afr...

Chapter 6. Political Economy of Reform

Chapter 6. Political Economy of Reform »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

Thus far, this book has discussed the macroeconomic vulnerability faced by small middle-income countries (SMICs) in sub-Saharan Africa, assessed how labor market outcomes can be improved by reforms that cont...

Chapter 5. Financial Inclusion and Stability in Africa’s Middle-Income Countries

Chapter 5. Financial Inclusion and Stability in Africa’s Middle-Income Countries »

Source: Africa on the Move : Unlocking the Potential of Small Middle-Income States

Series: Books

Author(s): Lamin Leigh , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2016

ISBN: 9781513588605

Keywords: Economic growth, Infrastructure, Macroprudential policies and financial stability, Economic development, Poverty eradication, environment, employment, bank, unemployment, labor

The financial sector continues to deepen and broaden in many small middle-income countries (SMICs) in sub-Saharan Africa, with global regulatory reform providing input for national regulatory settings. Altho...

Financial Deepening, Property Rights and Poverty

Financial Deepening, Property Rights and Poverty »

Source: Financial Deepening, Property Rights and Poverty : Evidence From Sub-Saharan Africa

Volume/Issue: 2011/196

Series: IMF Working Papers

Author(s): Yifei Huang , and Raju Singh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781462305230

Keywords: financial development, property rights, dependent variable, gini coefficient, descriptive statistics, Macroeconomic Analyses of Economic Development, Financial Economics: General,

Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that, by allowing more entrepreneurs to obtain financing, financial development improves the allocatio...

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...