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Africa is the world’s poorest continent, but amid all the bad news, there is hope for change. This pamphlet examines the lessons to be learned from some of the more successful economies south of the Sahara, and discusses a policy framework to promote sustainable economic growth and reduce poverty across the region.
Capacity --- Capital --- Debt Management --- Debt --- Debts, Public --- Domestic savings --- Export performance --- Exports and Imports --- Exports --- Government debt management --- Institutions and the Macroeconomy --- Intangible Capital --- International economics --- Investment --- Investments: General --- Macroeconomics --- Macroeconomics: Consumption --- Private investment --- Public finance & taxation --- Public Finance --- Saving and investment --- Saving --- Sovereign Debt --- Structural reforms --- Trade: General --- Wealth
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During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges—slower trade, declining productivity, gender inequality, inclusive growth, and debt management—is a central focus of this 2017 Annual Report.
Banks and Banking --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Gender Studies --- Labor Economics: General --- Debt --- Debt Management --- Sovereign Debt --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Economics of Gender --- Non-labor Discrimination --- Labour --- income economics --- Public finance & taxation --- Finance --- Management accounting & bookkeeping --- Labor --- Banking --- Government debt management --- Credit --- Gender inequality --- Labor economics --- Auditing --- Financial services industry --- Debts, Public --- Banks and banking --- United Kingdom --- Income economics
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The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.
Business enterprises --- Civil service & public sector --- Corporate Finance --- Debt Management --- Debt --- Debts, External --- Debts, Public --- Exports and Imports --- Finance --- Finance, Public --- Financial Institutions and Services: General --- Financial instruments --- General Financial Markets: General (includes Measurement and Data) --- Government debt management --- International Lending and Debt Problems --- Investment & securities --- Investments: General --- Macroeconomics --- Ownership & organization of enterprises --- Public debt --- Public Enterprises --- Public finance & taxation --- Public Finance --- Public sector --- Public-Private Enterprises --- Securities --- Sovereign Debt --- United States
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The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.
Finance: General --- Macroeconomics --- Taxation --- Environmental Conservation and Protection --- Natural Resources --- Climate --- Natural Disasters and Their Management --- Global Warming --- Taxation and Subsidies: Externalities --- Redistributive Effects --- Environmental Taxes and Subsidies --- General Financial Markets: General (includes Measurement and Data) --- Nonrenewable Resources and Conservation: General --- General Aggregative Models: General --- Climate change --- Environmental management --- Public finance & taxation --- Finance --- Climate policy --- Economic recession --- Economic growth --- World Economic Outlook --- International trade --- Trade balance --- Trade deficits --- Trade policy --- Public debt --- Domestic debt --- Government debt management --- Government debt planning --- Debt management policies --- Debt reorganization --- Carbon tax --- Non-renewable resources --- Emerging and frontier financial markets --- Greenhouse gas emissions --- Environmental impact charges --- Natural resources --- Financial services industry --- Greenhouse gases --- Climatic changes --- United States
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Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully understood, the quality of infrastructure clearly affects a country's productivity, competitiveness in export markets, and ability to attract foreign investment. This EI explores the following questions: Should countries increase public investment in infrastructure? If the answer is yes, how can they do so in a fiscally responsible manner? Are public-private partnerships a viable alternative?.
Infrastructure --- Public Finance --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Investment --- Capital --- Intangible Capital --- Capacity --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- Macroeconomics --- Public investment and public-private partnerships (PPP) --- Public investment spending --- Public debt --- Expenditure --- Public-private sector cooperation --- Public investments --- Saving and investment --- Debts, Public --- Expenditures, Public --- Brazil
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For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Agriculture -- Economic aspects -- China. --- Banks and Banking --- Exports and Imports --- Labor --- Macroeconomics --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Aggregate Factor Income Distribution --- Health: General --- Current Account Adjustment --- Short-term Capital Movements --- Education: General --- Public finance & taxation --- International economics --- Labour --- income economics --- Health economics --- Public debt --- Health --- Income inequality --- Education --- Poverty --- Debts, Public --- Income distribution --- Balance of payments --- United States --- Income economics
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The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the world’s poorest countries. It was based on the theory that economic growth in heavily indebted poor countries was being stifled by heavy debt burdens, making it virtually impossible for these countries to escape poverty. However, most of the empirical research on the effects of debt on growth has lumped together a diverse group of countries, and the literature on the countries’ impact of debt on poor is scant. This pamphlet presents the findings of the authors’ empirical research into the subject, analyzing the channels through which debt affects growth in low-income countries.
Exports and Imports --- Financial Risk Management --- Public Finance --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Public finance & taxation --- International economics --- Finance --- Public investment spending --- External debt --- Debt service --- Debt relief --- Public debt --- Public investments --- Debts, External --- Debts, Public --- Lao People's Democratic Republic
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Examines the steps involved in restructuring the corporate sector. Large-scale corporate restructuring made necessary by a financial crisis is one of the most daunting challenges faced by economic policymakers. The government is forced to take a leading role, even if indirectly, because of the need to prioritize policy goals, address market failures, reform the legal and tax systems, and deal with the resistance of powerful interest groups.
Asset management --- Asset-liability management --- Banking --- Banks and Banking --- Banks and banking --- Banks --- Business enterprises --- Corporate Finance --- Debt Management --- Debt restructuring --- Debt --- Debts, External --- Depository Institutions --- Finance --- Finance, Public --- Financial Institutions and Services: General --- Financial Risk Management --- Government asset management --- Governmental Property --- International Financial Markets --- Micro Finance Institutions --- Mortgages --- Ownership & organization of enterprises --- Public finance & taxation --- Public Finance --- Sovereign Debt --- United Kingdom
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Finance & Development, March 2018.
Currencies --- Debt Management --- Debt --- Debts, Public --- Education --- Education: General --- General issues --- Government and the Monetary System --- Innovation --- Intellectual Property Rights: General --- Macroeconomics --- Monetary economics --- Monetary Systems --- Money and Monetary Policy --- Money --- Payment Systems --- Public debt --- Public finance & taxation --- Public Finance --- Regimes --- Research and Development --- Revenue administration --- Revenue --- Sovereign Debt --- Standards --- Taxation, Subsidies, and Revenue: General --- Technological Change --- Technology --- United States
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Finance & Development, September 2020.
Financial Risk Management --- Macroeconomics --- Environmental Economics --- Diseases: Contagious --- Climate --- Natural Disasters and Their Management --- Global Warming --- Health Behavior --- Debt --- Debt Management --- Sovereign Debt --- Health: General --- International Lending and Debt Problems --- Infectious & contagious diseases --- Finance --- Climate change --- Health economics --- Public finance & taxation --- Health --- COVID-19 --- Education --- Public debt --- Communicable diseases --- Climatic changes --- Debts, External --- Debts, Public --- United States --- Covid-19
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