Showing 1 - 10 of 18
This paper discusses Morocco's Ex Post Evaluation of Exceptional Access Under the 2012 Precautionary and Liquidity Line (PLL) Arrangement. The Ex Post Evaluation confirms that the 2012-14 PLL arrangement was consistent with the PLL qualification standards and requirements under the exceptional...
Persistent link: https://www.econbiz.de/10011376804
This paper highlights that real interest rates in Brazil have declined substantially over time, but are still well above the average of emerging market inflation targeting regimes. The adoption of an inflation-targeting regime and better economic fundamentals (reduction in inflation volatility...
Persistent link: https://www.econbiz.de/10014396962
Persistent link: https://www.econbiz.de/10009572504
Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the “resource curse.†This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first...
Persistent link: https://www.econbiz.de/10011123894
A number of emerging markets have experienced substantial real exchange rate appreciation in recent years, generating concerns about competitiveness and prompting policymakers to respond with a combination of mitigating policies. This paper shows that fiscal policy can play a role in alleviating...
Persistent link: https://www.econbiz.de/10010790305
This paper highlights that real interest rates in Brazil have declined substantially over time, but are still well above the average of emerging market inflation targeting regimes. The adoption of an inflation-targeting regime and better economic fundamentals (reduction in inflation volatility...
Persistent link: https://www.econbiz.de/10013108621
A number of emerging markets have experienced substantial real exchange rate appreciationin recent years, generating concerns about competitiveness and prompting policymakers torespond with a combination of mitigating policies. This paper shows that fiscal policy can play a role in alleviating...
Persistent link: https://www.econbiz.de/10013059856
This paper discusses experiences in reestablishing fiscal management in postconflict countries. Building fiscal institutions in postconflict countries essentially entails a three-step process: (1) creating a legal or regulatory framework for fiscal management; (2) establishing or strengthening...
Persistent link: https://www.econbiz.de/10014410985
Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the “resource curse.” This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first priority...
Persistent link: https://www.econbiz.de/10014411292
A number of emerging markets have experienced substantial real exchange rate appreciation in recent years, generating concerns about competitiveness and prompting policymakers to respond with a combination of mitigating policies. This paper shows that fiscal policy can play a role in alleviating...
Persistent link: https://www.econbiz.de/10014394380