Download or read book Kenya Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2021-12-22 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues
Download or read book Kenya written by and published by . This book was released on 2008 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-09-04 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix provides an assessment of the financial regulations as a basic framework for public expenditure management and control in Kenya. The paper discusses a number of “external” factors that have led to a deterioration of formal implementation and control mechanisms, as well as recent efforts that have been undertaken to improve them. The paper also discusses various aspects of monetary policy in Kenya, including the instruments available to the monetary authorities, current challenges in the area of monetary control, and the state of financial markets in Kenya.
Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-10-17 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as well as rising import prices, particularly for oil, but external debt as a percent of GDP has declined steadily. Underlying these developments have been a steady increase in capital inflows and a remarkable rebound of economic growth since 2003 after two decades of stagnation.
Download or read book Kenya Selected Issues and Statistical Appendix written by International Monetary Fund and published by . This book was released on 1998 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix provides an assessment of the financial regulations as a basic framework for public expenditure management and control in Kenya. The paper discusses a number of "external" factors that have led to a deterioration of formal implementation and control mechanisms, as well as recent efforts that have been undertaken to improve them. The paper also discusses various aspects of monetary policy in Kenya, including the instruments available to the monetary authorities, current challenges in the area of monetary control, and the state of financial markets in Kenya.
Download or read book Kenya Uganda and United Republic of Tanzania Selected Issues written by and published by International Monetary Fund. This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kenya written by International Monetary Fund Staff and published by . This book was released on 1998-08 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kenya written by Fondo Monetario Internacional and published by . This book was released on 2002 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Country Report No 03 200 written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cameroon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-08-13 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper aims at providing an empirical underpinning to fiscal policy reforms implemented by the authorities by estimating the size of fiscal multipliers in Cameroon, using a novel long quarterly data set and looking separately at the impact of changes in revenue, and government consumption and investment. The impact of government spending and taxes depends on country characteristics and the stage of the business cycle. The analysis shows that revenue and capital expenditure multipliers in Cameroon are small and comparable to those of other sub-Saharan African and low-income countries. The revenue multiplier is close to nil which implies that revenue-based fiscal consolidation would be less harmful to growth in the medium term. Compared to its peers in sub-Saharan Africa, Cameroon’s revenue multiplier is smaller as is its tax burden relative to the regional average. Conversely, government expenditure can more significantly affect output in the medium term, although the consumption multiplier is unexpectedly much higher than the investment one.
Download or read book Kenya Uganda and United Republic of Tanzania Selected Issues written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2008-10-30 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue a coordinated approach to investment incentives, one possible solution would be to agree on a Code of Conduct for Investment Incentives and Company Income Taxation. A transparent tax system with a broad base would reduce the demand by investors for tax holidays.
Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-12-15 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Kenya during 1990–95. Real GDP growth decelerated from 4.3 percent in 1990 to close to zero in 1992/93. Inflation accelerated from 12 percent in the 12-month period ended December 1989 to 34 percent in March 1993. The central government’s budget deficit increased from 6.7 percent in 1989/90 to 11.4 percent of GDP in 1992/93. Broad money growth (M2) accelerated from 21 percent in the 12-month period ended December 1991 to 36 percent in March 1993.
Download or read book Selected Issues in Agricultural Policy Analysis with Special Reference to East Africa written by Tony Akaki and published by iUniverse. This book was released on 2003-03-29 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bibliography p. 87-91.
Download or read book Search Externalities in Firm to Firm Trade written by John Spray and published by International Monetary Fund. This book was released on 2021-03-19 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share information about potential matches, or negative if the market is congested. Using unique firm-to-firm transaction-level data from Uganda, I document empirical evidence consistent with positive externalities in international markets and negative externalities in domestic markets. I then build a dynamic quantitative version of the model and show that, in Uganda, a 25% reduction in trade costs led to a 3.7% increase in consumer welfare, 12% of which was due to search externalities.
Download or read book Confronting Inequality written by Jonathan D. Ostry and published by Columbia University Press. This book was released on 2019-01-08 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
Download or read book Is Digital Financial Inclusion Unlocking Growth written by Purva Khera and published by International Monetary Fund. This book was released on 2021-06-11 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital financial inclusion? Why does it advance more in some countries but not in others? Using new indices of financial inclusion developed in Khera et. al. (2021), this paper addresses these questions for 52 developing countries. Using cross-sectional instrument variable procedure, we find that the exogenous component of digital financial inclusion is positively associated with growth in GDP per capita during 2011-2018, which suggests that digital financial inclusion can accelerate economic growth. Fractional logit and random effects empirical estimation identifies access to infrastructure, financial and digital literacy, and quality of institutions as key drivers of digital financial inclusion. These findings are then used to help inform policy recommendations in areas related to the digitization of financial services to promote financial inclusion.
