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What Transparency Can Do When Incentives Fail

What Transparency Can Do When Incentives Fail »

Source: What Transparency Can Do When Incentives Fail : An Analysis of Rent Capture

Volume/Issue: 2006/146

Series: IMF Working Papers

Author(s): Elisabeth Paul , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864069

Keywords: incentives, wages, budget constraint, wage, fiscal transparency, fiscal management,

This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and e...

Regional Economic Outlook, April 2020, Middle East and Central Asia

Regional Economic Outlook, April 2020, Middle East and Central Asia »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

DOI: http://dx.doi.org/10.5089/9781513536811.086

ISBN: 9781513536811

Keywords: Regional Economic Outlook, Middle East and Central Asia, Economic growth, Oil prices, Market economies, Regional economics, Fiscal policy, Financial crisis, Oil crisis, Crisis management strategies

Countries of the Middle East and Central Asia region have been hit by two large and reinforcing shocks, resulting in significantly weaker growth projections in 2020. In addition to the devastating toll on human hea...

Lao People’s Democratic Republic

Lao People’s Democratic Republic »

Source: Lao People's Democratic Republic : Joint Staff Advisory Note on the Second Poverty Reduction Strategy Paper and Annual Progress Report

Volume/Issue: 2008/343

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2008

ISBN: 9781451822625

Keywords: financial management, budget law, public financial management, budget allocations, fiscal sustainability

This Joint Staff Advisory Note reviews the National Socio-Economic Development Plan (NSEDP) 2006-10 and the Annual Progress Report for Lao People's Democratic Republic (PDR). The government of PDR approved the Sixt...

Fiscal Risks: Sources, Disclosure, and Management

Fiscal Risks: Sources, Disclosure, and Management »

Source: Fiscal Risks : Sources, Disclosure, and Management

Series: Departmental Papers / Policy Papers

Author(s): Lusine Lusinyan , Aliona Cebotari , Ricardo Velloso , Jeffrey Davis , Amine Mati , Murray Petrie , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2009

ISBN: 9781589067905

Keywords: Budgets, Debt sustainability, Government expenditures, Fiscal sustainability, Public debt, Risk management, fiscal risks, contingent liabilities, fiscal risk, fiscal transparency

This paper analyzes the main sources of fiscal risks, including from unexpected changes in macroeconomic variables and banking crises, which can have major consequences for countries fiscal and public debt sustaina...

Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity

Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity »

Source: Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity : The Main Considerations

Volume/Issue: 2012/40

Series: IMF Working Papers

Author(s): Obert Nyawata

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463933838

Keywords: consolidated public sector, central bank, government securities, debt management, Fiscal and Monetary Policy in Development, Wages, Compensation, and Labor Costs: Public Policy,

This paper discusses the challenging question of whether central banks should use treasury bills or central bank bills for draining excess liquidity in the banking system. While recognizing that there are practical...

Indonesia: Selected Issues

Indonesia: Selected Issues »

Source: Indonesia : Selected Issues

Volume/Issue: 2019/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2019

ISBN: 9781513509136

Keywords: Exchange rate policy, Public financial management, Economic conditions, Fiscal policy, Tax policy, ISCR, CR, exist tax, pass-through, policy report

This Selected Issues paper provides an overview of the exchange rate and trade dynamics in Indonesia. Using data on monthly export and import price and volume at the sectoral level, the paper estimates pass-through...

Indonesia: Selected Issues

Indonesia: Selected Issues »

Source: Indonesia : Selected Issues

Volume/Issue: 2019/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2019

ISBN: 9781513509136

Keywords: Exchange rate policy, Public financial management, Economic conditions, Fiscal policy, Tax policy, ISCR, CR, exist tax, pass-through, policy report

This Selected Issues paper provides an overview of the exchange rate and trade dynamics in Indonesia. Using data on monthly export and import price and volume at the sectoral level, the paper estimates pass-through...

Indonesia: Selected Issues

Indonesia: Selected Issues »

Source: Indonesia : Selected Issues

Volume/Issue: 2019/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2019

ISBN: 9781513509136

Keywords: Exchange rate policy, Public financial management, Economic conditions, Fiscal policy, Tax policy, ISCR, CR, exist tax, pass-through, policy report

This Selected Issues paper provides an overview of the exchange rate and trade dynamics in Indonesia. Using data on monthly export and import price and volume at the sectoral level, the paper estimates pass-through...

Indonesia: Selected Issues

Indonesia: Selected Issues »

Source: Indonesia : Selected Issues

Volume/Issue: 2019/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2019

ISBN: 9781513509136

Keywords: Exchange rate policy, Public financial management, Economic conditions, Fiscal policy, Tax policy, ISCR, CR, exist tax, pass-through, policy report

This Selected Issues paper provides an overview of the exchange rate and trade dynamics in Indonesia. Using data on monthly export and import price and volume at the sectoral level, the paper estimates pass-through...

Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative

Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative »

Source: Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative

Volume/Issue: 2005/057

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2005

ISBN: 9781498330756

Keywords: Multilateral debt relief initiative, Public financial management, Economic reforms, Poverty reduction strategy, Real effective exchange rates, External debt, PRGF, PPG, overall fiscal deficit, PEM

Cambodia is not a HIPC country because its debt levels were below the relevant thresholds. It is, however, eligible under the MDRI because it had per capita annual GDP of below $380 as of 2004. No IDA relief is cur...