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This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific...
Persistent link: https://www.econbiz.de/10014408650
upgrade. -- Labor market reforms: aim to improve productivity and boost competitiveness of the non-oil economy. -- Legal …
Persistent link: https://www.econbiz.de/10014408471
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment rates in Arab countries have increased over the past...
Persistent link: https://www.econbiz.de/10014408616
Full text also available in: Arabic, Chinese, French, Japanese, Russian, and Spanish. The global economy is expanding … moderately but the outlook has weakened further since October, and risks have increased. The global economy has been impaired … to improving sentiment. Building on these recent positive developments, the global economy can get back on a stronger and …
Persistent link: https://www.econbiz.de/10014408620
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial...
Persistent link: https://www.econbiz.de/10014408645
On July 17, 2017, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust), entered into a new borrowing agreement (the 'Agreement') with the Bank of Italy (hereafter, Italy or Purchaser), by which Italy will provide new resources to the Extended Credit Facility Loan...
Persistent link: https://www.econbiz.de/10014408708
the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into a new borrowing agreement with the Bank of Spain (Spain), amendments to the 2010 NPA with the Government of Japan (Japan), and a new note purchase agreement (NPA) with the People's Bank of China (China). The new borrowing...
Persistent link: https://www.econbiz.de/10014408739
Aid for trade can support countries trying to further benefit from the expanding global market place by helping to address poorly performing infrastructure and institutions. Needless to say, good policies also matter: trade liberalization, improving incentives for private investment in trade,...
Persistent link: https://www.econbiz.de/10014409848
Persistent link: https://www.econbiz.de/10014409925
On April 18, 2011, the Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT), entered into a borrowing agreement (the 'Agreement') with the Bank of Italy, by which Italy will provide new loan resources of up to SDR 800 million (see attachment). With this Agreement, the Fund has...
Persistent link: https://www.econbiz.de/10014410251