The motives behind merger and acquisitions (M&A) are often linked with the opportunities to obtain knowledge and technologies in order to enhance the competitive advantages of companies. In particular, the acquisition of digital technologies through mergers and acquisitions with ICT companies is...

The paper revisits the link between fiscal policy and macroeconomic stability. Two salient features of our analysis are (1) a systematic test for the government’s ambivalent role as a shock absorber and a shock inducer—removing a downward bias present in existing estimates of the...

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely, crisis management. Post crisis, the critical issues are - how do we put in systems and buffers...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This 2008 Article IV Consultation highlights that the main challenge for Maldives is to contain fiscal expenditures that have increased sharply following the tsunami. Expenditure has reached extraordinarily high levels by international and historical standards, with the majority of the increase...

The Joint Staff Advisory Note report assesses that Maldives has achieved notable development progress through sound macroeconomic management, tourism development, and public service provision improvement under the Poverty Reduction Strategy Paper (PRSP). Executive Directors emphasized the need...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This paper discusses key findings of the 2005 Status Report on Poverty Reduction Strategy Paper (PRSP) on Niger. The report is based on an assessment of economic and financial performance and sectoral policy and strategy implementation in 2005. The findings reveal that implementation of the...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This report describes the progress made in implementing the Poverty Reduction Strategy Paper (PRSP) for Sierra Leone from June 2005 to May 2006. The improvement in the external sector has for the most part reflected a strong improvement in export performance, particularly for diamonds. Efficient...