Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
January 1998
Share
  • ShareShare
Show Summary Details

World Economic Outlook and Staff Studies for the World Economic Outlook, Selected Topics, 1992–97

I. Methodology—Aggregation, Modeling, and Forecasting

World Economic Outlook
The Accuracy of World Economic Outlook Projections for the Major Industrial CountriesMay 1992, Annex VIII
Revised Weights for the World Economic OutlookMay 1993, Annex IV
Structural Budget Indicators for Major Industrial CountriesOctober 1993, Annex I
The New Balance of Payments ManualMay 1994, Box 13
The Difficult Art of ForecastingOctober 1996, Annex I
World Current Account DiscrepancyOctober 1996, Annex III
Alternative Exchange Rate Assumptions for JapanOctober 1997, Box 2
Staff Studies for the World Economic Outlook
An Extended Scenario and Forecast Adjustment Model for

Developing Countries

Manmohan S. Kumar, Hossein Samiei, and Sheila Bassett
December 1993
How Accurate Are I lie World Economic Outlook Projections?

Jose M. Barriomuevo
December 1993
Purchasing Power Parity Based Weights for the

World Economic Outlook

Anne Marie Gulde and Marianne Schulze-Ghutas
December 1993
How Accurate Arc the IMF’s Short-Term Forecasts?

Another Examination of the World Economic Outlook

Michael J. Artis
December 1997
IMF’s Estimates of Potential Output: Theory and Practice

Paula R. De Masi
December 1997
Multilateral Unit-Labor-Cost-Based Competitiveness Indicators

for Advanced. Developing, and Transition Countries

Anthony G. Turner and Stephen Golub
December 1997

II. Historical Surveys

World Economic Outlook
The Postwar Economic AchievementOctober 1994, Chapter VI
Non-Oil Commodity PricesOctober 1994, Box 10
The Rise and Fall of Inflation—Lessons from Postwar ExperienceOctober 1996, Chapter VI

III. Economic Growth—Sources and Patterns

World Economic Outlook
Convergence and Divergence in Developing CountriesMay 1993, Chapter IV
Trade as an Engine of GrowthMay 1993, Chapter VI
New Theories of Growth and TradeMay 1993, Box 9
Why Are Some Developing Countries Failing to Catch Up?May 1994, Chapter IV
The Postwar Economic AchievementOctober 1994, Chapter VI
Business Cycles and Potential OutputOctober 1994, Box 5
Economic ConvergenceOctober 1994, Box 11
Saving in a Growing World EconomyMay 1995, Chapter V
North-South R&D SpilloversMay 1995, Box 6
Long-Term Growth Potential in the Countries in TransitionOctober 1996, Chapter V
Globalization and the Opportunities for Developing CountriesMay 1997, Chapter IV
Measuring Productivity Gains in East Asian EconomiesMay 1997, Box 9
Staff Studies for the World Economic Outlook
How Large Was the Output Collapse in Russia?
Alternative Estimates and Welfare Implications
Evgeny Gavrilenkov and Vincent KoenSeptember 1995
Deindustrialization: Causes and Implications
Robert Rowthorn and Ramana RamaswamyDecember 1997

IV. Inflation and Deflation; Commodity Markets

World Economic Outlook
Asset Price Deflation, Balance Sheet Adjustment, and Financial FragilityOctober 1992. Annex I
Monetary Policy, Financial Liberalization, and Asset Price InflationMay 1993, Annex I
Price StabilityMay 1993, Box 2
Oil Demand and Supply in the Medium TermMay 1993, Box 5
Hyperinflation and Chronic InflationOctober 1993, Box 8
The Impact of Lower Oil PricesMay 1994, Box 3
Non-Oil Commodity PricesOctober 1994, Box 10
Nonfuel Primary Commodity PricesOctober 1995, Box 2
The Rise and Fall of Inflation—Lessons from Postwar ExperienceOctober 1996, Chapter VI
World Oil Market: Recent Developments and OutlookOctober 1996, Annex II
Inflation TargetsOctober 1996, Box 8
Indexed Bonds and Expected InflationOctober 1996, Box 9
Effects of High Inflation on Income DistributionOctober 1996, Box 10
Central Bank Independence and InflationOctober 1996. Box 11
Rising Petroleum Prices in 1996May 1997, Box 3
Staff Studies for the World Economic Outlook
“Boom and Bust” in Asset Markets in the 1980s: Causes and Consequences Garry J. Sellinasi and Monica MargravesDecember 1993
Prices in the Transition: Ten Stylized Facts Vincent Koen and Paula R. De MasiDecember 1997

V. Fiscal Policy

World Economic Outlook
Structural Budget Indicators for Major Industrial CountriesOctober 1993, Annex 1
Economic Benefits of Reducing Military ExpenditureOctober 1993, Annex II
The TreuhandanstaltOctober 1993, Box 9
Structural Fiscal Balances in Smaller Industrial CountriesMay 1995, Annex III
Can Fiscal Contraction Be Expansionary in the Short Run?May 1995, Box 2
Pension Reform in Developing CountriesMay 1995, Box 11
Effects of Increased Government Debt: Illustrative CalculationsMay 1995, Box 13
Subsidies and Tax ArrearsOctober 1995, Box 8
Focus on Fiscal PolicyMay 1996
The Spillover Effects of Government DebtMay 1996, Annex I
Uses and Limitations of Generational AccountingMay 1996, Box 5
The European Union’s Stability and Growth PactOctober 1997, Box 3
Staff Studies for the World Economic Outlook
An International Comparison of Tax Systems in Industrial Countries Enrique G. Mendoza, Assaf Razin, and Linda L. TesarDecember 1993

VI. Monetary Policy; Financial Markets; Flow of Funds

World Economic Outlook
Monetary Policy, Financial Liberalization, and Asset Price InflationMay 1993, Annex I
Chronology of Events in the Recent Crisis in the European Monetary SystemOctober 1993, Box 3
Information Content of the Yield Curve May 1994, Annex II
Saving in a Growing World Economy May 1995, Chapter V
Saving and Real Interest Rates in Developing Countries May 1995, Box 10
Financial Market Turmoil and Economic Policies in Industrial CountriesOctober 1995, Chapter III
Financial Liberalization in Africa and AsiaOctober 1995, Box
Policy Challenges Facing Industrial Countries in the Late 1990sOctober 1996, Chapter III
Using the Slope of the Yield Curve to Estimate Lags in Monetary Transmission MechanismOctober 1996, Box 2
Financial RepressionOctober 1996, Box 5
Bank-Restructuring Strategies in the Baltic States, Russia, and Other Countries of the Former Soviet Union: Main Issues and ChallengesOctober 1996, Box 7
Monetary and Financial Sector Policies in Transition CountriesOctober 1997, Chapter V
DollarizationOctober 1997, Box 6
Interim Assessment (Focus on Crisis in Asia—Regional and Global Implications)December 1997
Staff Studies for the World Economic Outlook
The Global Real Interest Rate Thomas Helbling and Robert WescottSeptember 1995
A Monetary Impulse Measure for Medium-Term Policy Analysis Bennett T. McCallum and Monica HargravesSeptember 1995
Saving Behavior in Industrial and Developing Countries Paul R. Masson, Tamim Bayoumi, and Hossein SamieiSeptember 1995

VII. Labor Market Issues

World Economic Outlook
Fostering Job Creation, Growth, and Price Stability in Industrial CountriesMay 1994, Chapter III
Capital Formation and EmploymentMay 1995, Box 4
Implications of Structural Reforms Under EMUOctober 1997, Annex II
Staff Studies for the World Economic Outlook
Unemployment and Wage Dynamics in MULTIMOD Leonardo Bartolini and Steve SymanskyDecember 1993
Evaluating Unemployment Policies: What Do the Underlying Theories Tell Us? Dennis J. SnowerSeptember 1995
Institutional Structure and Labor Market Outcomes: Western Lessons for European Countries in Transition Robert J. FlanaganSeptember 1995
The Effect of Globalization on Wages in the Advanced Economies Matthew J. Slaughter and Phillip SwagelDecember 1997
International Labor Standards and International Trade Stephen GolubDecember 1997

VIII. Exchange Rate Issues

World Economic Outlook
Interim Assessment (Focus on Crisis in the European Monetary System)January 1993
Recent Changes in the European Exchange Rate MechanismOctober 1993, Chapter III
Chronology of Events in the Recent Crisis in the European Monetary SystemOctober 1993, Box 3
Striving for Stability: Realignment of the CFA FrancMay 1994, Box 8
Currency Arrangements in the Former Soviet Union and Baltic CountriesMay 1994, Box 10
Exchange-Rate-Based StabilizationMay 1994, Box 11
Exchange Market Reforms in AfricaOctober 1994, Box 3
Currency ConvertibilityOctober 1994, Box 7
Currency Substitution in Transition EconomiesOctober 1994, Box 8
Exchange Rate Effects of Fiscal ConsolidationOctober 1995, Annex
Exchange Rate Arrangements and Economic Performance in Developing CountriesOctober 1997, Chapter IV
Asymmetric Shocks: European Union and the United StatesOctober 1997, Box 4
Currency BoardsOctober 1997, Box 5
Staff Studies for the World Economic Outlook
Multilateral Unit-Labor-Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries Anthony G. Turner and Stephen GolubDecember 1997

IX. External Payments, Trade, Capital Movements, and Foreign Debt

World Economic Outlook
Trade as an Engine of GrowthMay 1993, Chapter VI
New Theories of Growth and TradeMay 1993, Box 9
Is the Debt Crisis Over?October 1993, Box 5
The Uruguay Round: Results and ImplicationsMay 1994, Annex I
The New Balance of Payments ManualMay 1994, Box 13
The Recent Surge in Capital Flows to Developing CountriesOctober 1994, Chapter IV
Currency ConvertibilityOctober 1994, Box 7
Trade Among the Transition CountriesOctober 1995, Box 7
World Current Account DiscrepancyOctober 1996, Annex II
Capital Inflows to Developing and Transition Countries—Identifying Causes and Formulating Appropriate Policy ResponsesOctober 1996, Annex IV
Globalization—Opportunities and ChallengesMay 1997
Staff Studies for the World Economic Outlook
Foreign Direct Investment in the World Economy Edward M. GrahamSeptember 1995

X. Regional Issues

World Economic Outlook
The Maastricht Agreement on Economic and Monetary UnionMay 1992, Annex II
Interim Assessment (Focus on Crisis in the European Monetary System)January 1993
Chronology of Events in the Recent Crisis in the European Monetary SystemOctober 1993, Box 3
Economic Performance and Financing Needs in AfricaOctober 1993, Box 6
Stabilization and Economic Reform in the Baltic CountriesOctober 1993, Box 7
Adjustment and Recovery in Latin America and the CaribbeanMay 1994, Annex III
European Economic IntegrationOctober 1994, Annex I
Adjustment in Sub-Saharan AfricaMay 1995, Annex II
Macroeconomic and Structural Adjustment in the Middle East and North AfricaMay 1996, Annex II
Stabilization and Reform of Formerly Centrally Planned Developing Economies in East AsiaMay 1997, Box 10
EMU and the World EconomyOctober 1997, Chapter III
Implications of Structural Reforms Under EMUOctober 1997, Annex II
The European Union’s Stability and Growth PactOctober 1997, Box 3
Asymmetric Shocks: European Union and the United StatesOctober 1997, Box 4
Interim Assessment (Focus on Crisis in Asia—Regional and Global Implications)December 1997
Staff Studies for the World Economic Outlook
The Design of EMU David BeggDecember 1997

XI. Country-Specific Analyses

World Economic Outlook
Voucher Privatization in the Czech and Slovak Federal RepublicOctober 1992, Box 2
Currency Reform in EstoniaOctober 1992, Box 3
Economic Reforms, Growth, and Trade in ChinaMay 1993, Box 4
Economic Arrangements for the Czech-Slovak BreakupMay 1993, Box 6
India’s Economic ReboundOctober 1993, Box 1
Japan’s Trade SurplusOctober 1993, Box 2
The TreuhandanstaltOctober 1993, Box 9
Adjustment and Recovery in Latin America and the CaribbeanMay 1994, Annex III
Poland’s Economic ReboundMay 1994, Box 9
Foreign Direct Investment in ChinaOctober 1994, Box 6
Factors Behind the Financial Crisis in MexicoMay 1995, Annex I
New Zealand’s Structural Reforms and Economic RevivalMay 1995, Box 3
Brazil and KoreaMay 1995, Box 5
The Output Collapse in RussiaMay 1995, Box 8
Foreign Direct Investment in EstoniaMay 1995, Box 9
September 1995 Economic Stimulus Packages in JapanOctober 1995, Box 1
Uganda: Successful Adjustment Under Difficult CircumstancesOctober 1995, Box 3
Changing Wage Structures in the Czech RepublicOctober 1995, Box 6
Resolving Financial System Problems in JapanMay 1996, Box 3
New Zealand’s Fiscal Responsibility ActMay 1996, Box 4
Deindustrialization and the Labor Market in SwedenMay 1997, Box 7
Ireland Catches UpMay 1997, Box 8
Foreign Direct Investment Strategies in Hungary and KazakhstanMay 1997, Box 12
China—Growth and Economic ReformsOctober 1997, Annex I
Alternative Exchange Rate Assumptions for JapanOctober 1977, Box 2
Hong Kong, China: Economic Linkages and Institutional ArrangementsOctober 1997, Box 9
Staff Studies for the World Economic Outlook
How Large Was the Output Collapse in Russia? Alternative Estimates and Welfare Implications Evgeny Gavrilenkov and Vincent KoenSeptember 1995

World Economic and Financial Surveys

This series (ISSN 0258-7440) contains biannual, annual, and periodic studies covering monetary and financial issues of importance to the global economy. The core elements of the series are the World Economic Outlookreport, usually published in May and October, and the annual report on International Capital Markets.Other studies assess international trade policy, private market and official financing for developing countries, exchange and payments systems, export credit policies, and issues discussed in the World Economic Outlook.Please consult the IMF Publications Catalogfor a complete listing of currently available World Economic and Financial Surveys.

World Economic Outlook: A Survey by the Staff of the International Monetary Fund

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 overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to the market; and address topics of pressing current interest.

ISSN 0256-6877.

$36.00 (academic rate: $25.00); paper.

1997 (Dec). ISBN 1-55775-714-3 (English only). Stock #WEO-1797.

1997 (Oct.). ISBN 1-55775-681-3. Stock #WEO-297.

1997 (May). ISBN 1-55775-648-1. Stock #WEO-197.

1996 (Oct.). ISBN 1-55775-610-4. Stock #WEO-296

International Capital Markets: Developments, Prospects, and Key Policy Issues

by an IMF staff team led by David Folkerts-Landau with Donald J. Mathieson and Garry J. Schinasi

This year’s capital markets report provides a comprehensive survey of recent developments and trends in the mature and emerging capital markets, including equities, bonds, foreign exchange, and derivatives, and banking systems. It focuses on the implications of European Economic and Monetary Union (EMU) for financial markets and the management of external liabilities of emerging market countries.

$25.00 (academic rate: $20.00); paper.

1997. ISBN 1-55775-686-4. Stock #WEO-697.

1996. ISBN 1-55775-609-0. Stock #WEO-696.

1995. ISBN 1-55775-516-7. Stock #WEO-695.

Issues in International Exchange and Payments Systems

by a staff team from the IMF’s Monetary and Exchange Affairs Department

The global trend toward liberalization in countries’ international exchange and payments systems has been widespread in both industrial and developing countries and most dramatic in Central and Eastern Europe. Countries in general have brought their exchange systems more in line with market principles and moved toward more flexible exchange rate arrangements in recent years.

$25.00 (academic rate: $20.00); paper.

1995. ISBN 1-55775-480-2. Stock #WEO-895.

Staff Studies for the World Economic Outlook

by the IMF’s Research Department

These studies, supporting analyses and scenarios of the World Economic Outlook, provide a detailed examination of theory and evidence on major issues currently affecting the global economy.

$25.00 (academic rate: $20.00); paper.

1997. ISBN 1-55775-701-1. Stock #WEO-397.

1995. ISBN 1-55775-499-3. Stock #WEO-395.

Private Market Financing for Developing Countries

by a staff team from the IMF’s Policy Development and Review Department led by Steven Dunaway

The latest study surveys recent trends in flows to developing countries through banking and securities markets. It also analyzes the institutional and regulatory framework for developing country finance; institutional investor behavior and pricing of developing country stocks; and progress in commercial bank debt restructuring in low-income countries.

$25.00 (academic rate: $20.00); paper.

1995. ISBN 1-55775-526-4. Stock #WEO-1595.

1995. ISBN 1-55775-456-X. Stock #WEO-995.

Official Financing for Developing Countries

by a staff team in the IMF’s Policy Development and Review Department led by Anthony R. Boote and Doris C. Ross

This study provides information on official financing for developing countries, with the focus on low-income countries. It updates the 1995 edition and reviews developments in direct financing by official and multilateral sources.

$25.00 (academic rate: $20.00); paper.

1998. ISBN 1-55775-702-X. Stock #WEO-1397.

1995. ISBN 1-55775-527-2. Stock #WEO-1395.

1994. ISBN 1-55775-702-378-4. Stock #WEO-1394.

Toward a Framework for Financial Stability

by a staff team led by David Folkerts-Landau and Carl-Johan Lindgren

This study outlines the broad principles and characteristics of stable and sound financial systems, to facilitate IMF surveillance over banking sector issues of macroeconomic significance and to contribute to the general international effort to reduce the likelihood and diminish the intensity of future financial sector crises.

$25.00 (academic rate: $20.00); paper.

1998. ISBN 1-55775-706-2. Stock #WEO-016.

Available by series subscription or single title (including back issues); academic rate available only to full-time university faculty and students. For earlier editions please inquire about prices.

The IMF Catalog of Publicationsis available on-line at the Internet address listed below.

Please send orders and inquiries to:

International Monetary Fund, Publication Services, 700 19th Street, N.W.

Washington, D.C. 20431, U.S.A.

Tel.: (202) 623-7430 Telefax: (202) 623-7201

E-mail: publications@imf.org

Internet: http://www.imf.org

Staff Studies for the World Economic Outlook

ISBN 1-55775-701-1

    Other Resources Citing This Publication