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Caucasus and Central Asia

Caucasus and Central Asia »

Source: Regional Economic Outlook, October 2016, 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: 20 October 2016

ISBN: 9781513534497

Keywords: cheaper oil, global spillovers, China’;s rebalancing, fiscal deficits

Population, millions (2015) GDP per capita, U.S. dollars (2015) Sources: IMF Regional Economic Outlook database; and Microsoft Map Land. Note: Th...

3. Caucasus and Central Asia: Is the Worst Over?

3. Caucasus and Central Asia: Is the Worst Over? »

Source: Regional Economic Outlook, October 2016, 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: 20 October 2016

ISBN: 9781513534497

Keywords: cheaper oil, global spillovers, China’;s rebalancing, fiscal deficits

Fiscal accommodation and exchange rate adjustment have helped the Caucasus and Central Asia (CCA) mitigate the immediate impact from large and persistent external shocks, particularly the slump...

How to Adjust to a Large Fall in Commodity Prices

How to Adjust to a Large Fall in Commodity Prices »

Volume: 16

Series: Fiscal Affairs Department How-To Notes

Author(s): Paulo Medas , Veronique Salins , and Jeff Danforth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2016

DOI: http://dx.doi.org/10.5089/9781475536065.061

ISBN: 9781475536065

Keywords: Asia and Pacific, Canada, Chile, Commodity prices, Malaysia, Natural resources, Nigeria, Sub-Saharan Africa, Western Hemisphere, Commodity boom

Resource-rich countries have to manage highly volatile commodity revenues. In periods of revenue booms there is a tendency for large spending scale-ups. When facing large and persistent reductions in commodity pric...

How to Adjust to a Large Fall in Commodity Prices

How to Adjust to a Large Fall in Commodity Prices »

Source: How to Adjust to a Large Fall in Commodity Prices

Volume: 16

Series: Fiscal Affairs Department How-To Notes

Author(s): Paulo Medas , Veronique Salins , and Jeff Danforth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2016

ISBN: 9781475536065

Keywords: Asia and Pacific, Canada, Chile, Commodity prices, Malaysia, Natural resources, Nigeria, Sub-Saharan Africa, Western Hemisphere, Commodity boom

Resource-rich countries have to manage highly volatile commodity revenues. In periods of revenue booms there is a tendency for large spending scale-ups. When facing large and persistent reductions in commodity pric...

4. How Will China’s Rebalancing Affect the Middle East and Central Asia?

4. How Will China’s Rebalancing Affect the Middle East and Central Asia? »

Source: Regional Economic Outlook, October 2016, 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: 20 October 2016

ISBN: 9781513534497

Keywords: cheaper oil, global spillovers, China’;s rebalancing, fiscal deficits

Weaker commodity prices, slower global growth, and higher global risk aversion are the channels through which the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) and the Caucasus an...

IMF Executive Board Concludes 2014 Article IV Consultation with Myanmar

IMF Executive Board Concludes 2014 Article IV Consultation with Myanmar »

Source: Myanmar : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/307

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2014

ISBN: 9781498309202

Keywords: fiscal deficit, fiscal decentralization, tax revenue, public debt, taxation

KEY ISSUES Context: The authorities continue to make progress on their far-reaching political and economic reform program. Key economic reform priorities are being realized. However, macroeconomic and financial r...

IMF Executive Board Concludes Article IV Consultation with The Lao People’s Democratic Republic

IMF Executive Board Concludes Article IV Consultation with The Lao People’s Democratic Republic »

Source: Lao People's Democratic Republic : Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lao P.D.R.

Volume/Issue: 2011/257

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 August 2011

ISBN: 9781463902131

Keywords: public debt, balance of payments, fiscal deficit, current account, fiscal policy

The economic growth of Lao P.D.R. was buoyed by mining and hydropower sectors, garment exports, non-regional tourism, and FDI inflows following the recovery from the global economic crisis. The Bank of Lao P.D.R. (...

Lao People's Democratic Republic
			: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lao P.D.R.

Lao People's Democratic Republic : Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lao P.D.R. »

Volume/Issue: 2011/257

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 August 2011

DOI: http://dx.doi.org/10.5089/9781463902131.002

ISBN: 9781463902131

Keywords: public debt, balance of payments, fiscal deficit, current account, fiscal policy

The economic growth of Lao P.D.R. was buoyed by mining and hydropower sectors, garment exports, non-regional tourism, and FDI inflows following the recovery from the global economic crisis. The Bank of Lao P.D.R. (...

Myanmar
			: Staff Report for the 2014 Article IV Consultation

Myanmar : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2014/307

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2014

DOI: http://dx.doi.org/10.5089/9781498309202.002

ISBN: 9781498309202

Keywords: fiscal deficit, fiscal decentralization, tax revenue, public debt, taxation

KEY ISSUES Context: The authorities continue to make progress on their far-reaching political and economic reform program. Key economic reform priorities are being realized. However, macroeconomic and financial r...

Spend Now, Pay Later? Tax Smoothing and Fiscal Sustainability in South Asia

Spend Now, Pay Later? Tax Smoothing and Fiscal Sustainability in South Asia »

Volume/Issue: 1999/63

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

DOI: http://dx.doi.org/10.5089/9781451848403.001

ISBN: 9781451848403

Keywords: Tax smoothing, tax tilting, fiscal sustainability, budget surplus, equation, fiscal deficits, government spending

This paper tests a version of Barro’s tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data...