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Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

4 High Inflation, “Heterodox” Stabilization, and Fiscal Policy

4 High Inflation, “Heterodox” Stabilization, and Fiscal Policy »

Source: Fiscal Policy, Stabilization, and Growth in Developing Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1989

ISBN: 9781557750341

Keywords: inflation, trade taxes, fiscal policy, fiscal deficit, tax revenue

Mario I. Blejer and Adrienne Cheasty* I. Introduction The role of fiscal policy differs, depending on the economic circums...

I Clarity of Roles and Responsibilities

I Clarity of Roles and Responsibilities »

Source: Guide on Resource Revenue Transparency (2007)

Series: Manuals & Guides

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2007

ISBN: 9781589064638

Keywords: fiscal policy, eiti, fiscal transparency, fiscal regime, resource-rich countries

20. Much of resource revenue management hinges on the relationships between the government, national resource companies (NRCs), and international companies. These relationships must be clearly defined for al...

I. Overview

I. Overview »

Source: 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

ISBN: 9781557756039

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

Thailand’s growth performance during the past three decades has been remarkable by any yardstick. Like most low-income developing countries, Thailand was severely affected by the external shocks of the late...

I Overview

I Overview »

Source: Malaysia : From Crisis to Recovery

Series: Occasional Papers

Author(s): Yougesh Khatri , Il Lee , O. Liu , Kanitta Meesook , and Natalia Tamirisa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2001

ISBN: 9781589060470

Keywords: banking, fiscal policy, bank negara malaysia, capital controls, financial sector

As an emerging market economy, Malaysia is clearly a success story. During the past three decades, the Malaysian government has implemented a number of medium- to long-term development plans, starting with t...

I Overview

I Overview »

Source: Fiscal Vulnerability and Financial Crises in Emerging Market Economies

Series: Occasional Papers

Author(s): Richard Hemming , Axel Schimmelpfennig , and Michael Kell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 May 2003

ISBN: 9781589061965

Keywords: Emerging markets, fiscal variables, public debt, currency crises, fiscal policy, external debt

Fiscal problems have long been considered a central feature of financial (i.e., currency, debt, and banking) crises. However, fiscal problems received less attention...

I. Overview: Fiscal Reform and Economic Growth

I. Overview: Fiscal Reform and Economic Growth »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

Although the immediate objectives of IMF-supported programs are financial stabilization and a sustainable external position for the member country seeking IMF assistance, the ultimate aim is the improvement...

I. Perspectives économiques et enjeux de l’ajustement dans le monde

I. Perspectives économiques et enjeux de l’ajustement dans le monde »

Source: Perspectives de l'économie mondiale : Octobre 1999

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 1999

Language: French

ISBN: 9781557758408

Keywords: inflation, interest, debt, monetary policy, restructuring, payments, debtor countries, external debt, price stability, loans

La situation économique et financière internationale s’est nettement améliorée après les turbulences qui ont agité les marchés émergents en 1997–98 et fait craindre une compression généralisée du crédit et u...

I. When Is Fiscal Adjustment Needed?

I. When Is Fiscal Adjustment Needed? »

Source: Fiscal Adjustment for Stability and Growth

Series: Pamphlet Series

Author(s): James Daniel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 August 2006

ISBN: 9781589065130

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

Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If...

II Background

II Background »

Source: Fiscal Vulnerability and Financial Crises in Emerging Market Economies

Series: Occasional Papers

Author(s): Richard Hemming , Axel Schimmelpfennig , and Michael Kell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 May 2003

ISBN: 9781589061965

Keywords: Emerging markets, fiscal variables, public debt, currency crises, fiscal policy, external debt

Financial crises in emerging market economies have been the subject of considerable analysis. This section draws on work to date to provide essential background for...

II Comparative Review of Policies and Performance, 1997–2000

II Comparative Review of Policies and Performance, 1997–2000 »

Source: Malaysia : From Crisis to Recovery

Series: Occasional Papers

Author(s): Yougesh Khatri , Il Lee , O. Liu , Kanitta Meesook , and Natalia Tamirisa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2001

ISBN: 9781589060470

Keywords: banking, fiscal policy, bank negara malaysia, capital controls, financial sector

Malaysia has received much attention since September 1998 when, in response to a deteriorating economic situation emanating from the Asian crisis, it introduced capital and exchange controls. Also, Prime Min...