Download or read book Role of the Fund in Low Income Member Countries Over the Medium Term Issues Paper for Discussion written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2003-07-21 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Review of the Fund s Financing Role in Member Countries written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2008-08-28 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper raises and discusses issues related to how the Fund provides financial assistance to its members. It is part of the strategic review to ensure the Fund remains relevant and effective. The objective is not to increase Fund lending, but to make sure the Fund has the right instruments and policies to help all of its members—with appropriate protection of Fund resources—as they integrate into a world of growing and increasingly complex cross-border flows. Other institutions (including major central banks and the World Bank) also are retooling their lending instruments and in the process grappling with similar issues. The paper offers a high-level view of the issues and does not make specific policy proposals. Policy proposals will be presented in follow-up papers, some of which are planned for Board discussion later in 2008.
Download or read book Strengthening the Fund s Ability to Assist Low Income Countries Meet Balance of Payments Needs Arising from Sudden and Exogenous Shocks written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-10-06 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the Executive Board discussion on the role of the Fund in low-income countries, Directors requested proposals to address the absence of concessional instruments other than the PRGF in the Fund's financial assistance to low-income members facing exogenous shocks. Against this background, this paper analyses the main issues in designing such a window within the PRGF Trust.
Download or read book The Managing Director s Report on the Fund s Medium Term Strategy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-09-15 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper brings together the many formal and informal discussions over the past year between the staff, management, and the Executive Board on the strategic direction of the Fund. Some ideas have also been discussed with country authorities and with outside observers, as part of the Fund’s normal outreach and consultation. While not comprehensive in scope, the paper does aim for a shared vision that could inform the day-to-day work and decisions of the Fund.
Download or read book The Fund s Facilities and Financing Framework for Low Income Countries written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2009-02-25 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the adequacy of the Fund’s facilities and financing framework for low-income countries (LICs) and proposes reform options. It is part of a broader review of all Fund financial instruments and is timely given the pressure the current global financial crisis is putting on LICs. It builds on previous efforts to adapt the Fund’s toolkit to the evolving needs of its LIC members, including creation of the Policy Support Instrument (PSI) and the recent modification of the Exogenous Shocks Facility (ESF). This paper provides the basis for the first stage of the LIC-specific review, with a focus on: (i) gaps and overlaps in the facility architecture for LICs, (ii) design issues such as access, financing terms, and conditionality, and (iii) the concessional resource envelope and funding structure. Based on feedback from Executive Directors and further external consultation, more detailed reform proposals will be prepared in the second stage of the review. The Fund’s Facilities and Financing Framework for Low-Income Countries—Supplementary Information March 13, 2009
Download or read book The Role of the Fund in the Poverty Reduction Strategy Process and Its Collaboration with Donors written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-09-21 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes an approach to making the MTS operational as it relates to the Fund’s work in LICs that would define more precisely the Fund’s responsibility and accountability in the PRSP and donor collaboration processes. The proposed activities are not “new,” but represent an intensification of existing work and its extension to the all LICs as appropriate. This would help clarify expectations as to the Fund’s role, and establish a consistent institutional approach to collaborating with donors and other stakeholders on the ground.
Download or read book Evaluation of the IMF s Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility written by Mr.Alex Segura-Ubiergo and published by International Monetary Fund. This book was released on 2004-09-30 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1999, the IMF and the World Bank adopted a new frame work for supporting economic reform in low-income member countries to achieve the objectives of poverty reduction and economic growth. The frame work consists of two key elements: country-authored Poverty Reduction Strategy Papers, drawing on broad-based consultations with key stake holder groups; and a vehicle for the provision of IMF concessional lending, the Poverty Reduction andGrowth Facility. This evaluation takes stock of progress to date and attempts to identify short comings that may require course corrections in the design and implementation of the initiative.
Download or read book Policy Support and Signaling in Low Income Countries written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-10-06 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how the Fund's instruments and practices might be adapted to support sound policies in low-income members, in particular those that do not have a need or want to use Fund resources.
Download or read book Monetary and Fiscal Policy Design Issues in Low Income Countries written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-08-08 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers possible adjustments in the design of Fund-supported programs, drawing on the experience of low-income countries that have successfully addressed the most apparent domestic macroeconomic imbalances.
Download or read book Evolving Monetary Policy Frameworks in Low Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Download or read book A Strategy for IMF Engagement on Social Spending written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-06-14 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in social spending issues has intensified over the last decade. This reflects concerns about rising inequality and the need to support vulnerable groups, especially in the aftermath of the global financial crisis. In line with this, the Fund has also increased its engagement on social spending issues. This paper outlines a strategy to guide IMF engagement on social spending issues going forward.
Download or read book Finance Development and the IMF written by James M. Boughton and published by OUP Oxford. This book was released on 2009-06-25 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an assessment of the role of the International Monetary Fund in poor countries. In recent years, a large portion of the work of the IMF has focused on the economies of low-income countries by aiming to create conditions conducive to poverty reduction and stable economic growth. More than two fifths of the IMF's 185 members are low-income countries and many others have substantial pockets of poverty in their populations. Since economic development and the reduction of poverty are the most important economic challenges that these countries face, how can the IMF best help them? How can the imperative of macroeconomic and financial stability be reconciled with the requirements for sustained economic growth? This volume brings together the research of leading economists, political scientists, and historians to suggest ways for the IMF to address these issues effectively
Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.
Download or read book The Fund s Support of Low Income Member Countries Considerations on Instruments and Financing written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2004-02-24 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Are We on Track to Achieve the Millennium Development Goals written by François Bourguignon and published by World Bank Publications. This book was released on 2005-01-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains selected papers from the 6th annual European conference, held in Brussels, Belgium in May 2004, which brought together 400 scholars and policymakers from 70 countries involved in international development issues. The conference discussions focused on the progress being made towards the Millennium Development Goals, including examining four key aspects that link developed and developing countries, relating to flows of people, capital, aid and trade.
Download or read book Private Finance for Development written by Hilary Devine and published by International Monetary Fund. This book was released on 2021-05-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Download or read book Fund Assistance for Countries Facing Exogenous Shocks written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2003-08-08 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
