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Independent Evaluation Office, Annual Report 2003

Independent Evaluation Office, Annual Report 2003 »

Series: Independent Evaluation Office Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

DOI: http://dx.doi.org/10.5089/9781589063198.017

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

This first Annual Report describes the activities of the IEO through the first full year of operation. The report provides a summary of the main findings and recommendations of the first three evaluation projects o...

Thailand
			: The Road to Sustained Growth

Thailand : The Road to Sustained Growth »

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

DOI: http://dx.doi.org/10.5089/9781557756039.084

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the external shocks fo the late 1970s and the early 1980s that proved severely destabilizing to many developing countrie...

Fiscal Adjustment for Stability and Growth

Fiscal Adjustment for Stability and Growth »

Series: Pamphlet Series

Author(s): James Daniel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 August 2006

DOI: http://dx.doi.org/10.5089/9781589065130.054

ISBN: 9781589065130

Keywords: Economic growth, fiscal policy, fiscal adjustment, expenditure, public expenditure, aggregate demand

The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF's approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stabil...

Fiscal Policy and Financial Markets

Fiscal Policy and Financial Markets »

Source: Fiscal Policy and Financial Markets

Volume/Issue: 2006/16

Series: IMF Working Papers

Author(s): Bernardin Akitoby , and Thomas Stratmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862768

Keywords: spreads, bond, bonds, fiscal adjustment, fiscal adjustments, Fiscal Policies and Behavior of Economic Agents: Other,

This paper introduces fiscal policy in a model of sovereign risk spreads ("spreads"). Using panel data from emerging market countries, we find that reductions in public expenditure are a more powerful tool for redu...

CHAPTER 1 The Independent Evaluation Office: Objectives and Modes of Operation

CHAPTER 1 The Independent Evaluation Office: Objectives and Modes of Operation »

Source: Independent Evaluation Office, Annual Report 2003

Series: Independent Evaluation Office Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

Independent evaluation is widely regarded as an essential requirement in international financial institutions, contributing to increased transparency and accountability and strengthening the process of learn...

CHAPTER 2 Evaluation Projects Undertaken in FY2002–03

CHAPTER 2 Evaluation Projects Undertaken in FY2002–03 »

Source: Independent Evaluation Office, Annual Report 2003

Series: Independent Evaluation Office Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

This chapter provides a brief summary of the main findings and recommendations of the first three evaluation reports and the conclusions reached in the Executive Board discussion on each of these reports....

CHAPTER 3 Status of Ongoing Projects

CHAPTER 3 Status of Ongoing Projects »

Source: Independent Evaluation Office, Annual Report 2003

Series: Independent Evaluation Office Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

Work on two of the three projects identified for the FY2003–04 work program commenced in the course of FY2002–03. The status of all three projects is summarized in this chapter. Evaluat...

CHAPTER 4 Some Reflections

CHAPTER 4 Some Reflections »

Source: Independent Evaluation Office, Annual Report 2003

Series: Independent Evaluation Office Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

One full year of operations and three completed evaluation reports provide only a limited basis for reflection. Nevertheless, a number of issues have arisen in more than one evaluation which are worth highli...

Front-Loaded or Back-Loaded Fiscal Adjustments

Front-Loaded or Back-Loaded Fiscal Adjustments »

Source: Front-Loaded or Back-Loaded Fiscal Adjustments : What Works in Emerging Market Economies?

Volume/Issue: 2004/157

Series: IMF Working Papers

Author(s): Benedict Clements , Sanjeev Gupta , Emanuele Baldacci , and Carlos Mulas-Granados

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451857528

Keywords: fiscal consolidations, fiscal adjustments, fiscal sustainability, probability, statistics, Duration Analysis, Fiscal Policies and Behavior of Economic Agents: General,

This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have...

In Brief

In Brief »

Source: Finance & Development, June 2008

Volume/Issue: 45/2

Series: Finance & Development

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2008

ISBN: 9781451922370

Keywords: international monetary fund, fiscal adjustment, financial crisis, private investment, foreign exchange

The June 2008 issue tackles the crisis in financial markets in industrial countries from a number of angles. Articles look at the origins of the crisis in the subprime mortgage market in the United States and track...