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- International Monetary Fund 2012; US$ 9.00
This paper investigates the effect of fiscal transparency on market assessments of sovereign risk, as measured by credit ratings. It measures this effect through a direct channel (uncertainty reduction) and an indirect channel (better fiscal policies and outcomes), and it differentiates between advanced and developing economies. Fiscal transparency... more...
Resource Windfalls, Optimal Public Investment and Redistribution: The Role of Total Factor Productivity and Administrative CapacityInternational Monetary Fund 2012; US$ 9.00
This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public investment faced with adjustment costs capturing the associated administrative capacity as well as government direct transfers. A key assumption is that those adjustment... more...
- International Monetary Fund 2007; US$ 9.00
The Government of Algeria has pursed a relatively expansionary fiscal policy in recent years, thanks to rising oil prices and revenues. The paper explores the potential effects of such a stance on real exchange rate and uncovers a relatively small appreciating effect of increased government capital expenditure. This is explained by the fact that a... more...
Kuwait: 2008 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for KuwaitInternational Monetary Fund 2008; US$ 9.00
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. more...
Cameroon: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Requests for Waiver of Performance Criterion, Modification of Performance Criteria and Extension of Arrangement -...International Monetary Fund 2008; US$ 9.00
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. more...
- International Monetary Fund 2007; US$ 9.00
This paper provides an update on the main elements of the reform agenda concerning the CEMAC trade regime as well as a tentative quantitative assessment of selected effects on tariff revenues and trade patterns. Notwithstanding data limitations, the key messages from the analysis are as follows. First, there is a need for a renewed political commitment... more...
- Mohr Siebeck 2012; US$ 25.74
Hauptbeschreibung Dies ist die überarbeitete Fassung der Freiburger Friedrich A. von Hayek-Vorlesung 2011, gehalten auf Einladung des Walter Eucken Instituts und der Friedrich A. von Hayek Gesellschaft e. V. in Freiburg im Breisgau am 22. November 2011. Sie gliedert sich in drei Teile: Die Einleitung behandelt die Themen Anreize, Freiheit und Verantwortung;... more...
- Taylor and Francis 2004; US$ 190.00
Public sector bureaucracies have been subjected to harsh criticism. One solution which has been widely adopted over the past two decades has been to 'unbundle government' - that is to break down monolithic departments and ministries into smaller, semi-autonomous 'agencies'. These are often governed by some type of performance contract, are at 'arm's... more...
- Taylor and Francis 2004; US$ 57.95
This title examines the roles and new opportunities arising from the increasing participation of non-governmental organizations (NGOs) in peace-making, peacekeeping and peace-building processes, both formal and informal, state-sponsored and unofficial. Drawing on both academic experts and activists, this study brings together contributions from those... more...