Joint Imf Wbg Staff Note Dssi Fiscal Monitoring Update

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Joint IMF-WBG Staff Note: DSSI Fiscal Monitoring Update

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513595385
Total Pages : 18 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Joint IMF-WBG Staff Note: DSSI Fiscal Monitoring Update by : International Monetary

Download or read book Joint IMF-WBG Staff Note: DSSI Fiscal Monitoring Update written by International Monetary and published by International Monetary Fund. This book was released on 2021-09-16 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic put significant pressures on fiscal accounts during 2020 through a contraction of revenues and increased spending needs to tackle the pandemic and its economic fallout. In response to these pressures, the countries benefitting from the Debt Service Suspension Initiative (DSSI) have faced difficult choices to reprioritize spending, especially capital spending, even as they allowed higher overall fiscal deficits. This note summarizes the findings from the update of the fiscal monitoring system for the COVID-19 Debt Service Suspension Initiative (DSSI). The DSSI was endorsed by the G20 Finance Ministers on April 15, 2020 and extended twice in October 2020 (until end-June 2021) and April 2021 (until end-2021). During May–December 2020 (the first phase), 43 countries participated, and 42 countries have formally requested their participation in the initiative during January–June 2021 (the second phase, as of July 30, 2021).

World Economic Situation and Prospects 2022

Author : Department of Economic and Social Affairs
Publisher : United Nations
ISBN 13 : 921001183X
Total Pages : 232 pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis World Economic Situation and Prospects 2022 by : Department of Economic and Social Affairs

Download or read book World Economic Situation and Prospects 2022 written by Department of Economic and Social Affairs and published by United Nations. This book was released on 2022-01-13 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2022 and 2023. The World Economic Situation and Prospects 2022 will examine the recovery of the global economy from the COVID-19 pandemic. In addition to presenting the latest UN growth forecasts, the report will provide a comprehensive assessment of economic developments, risk factors, and policy challenges. This year’s thematic chapter will discuss the macroeconomic and distributional consequences of monetary policy, with particular focus on unconventional measures such as quantitative easing (QE).

Global Economic Prospects, January 2023

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464819505
Total Pages : 334 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2023 by : World Bank Group

Download or read book Global Economic Prospects, January 2023 written by World Bank Group and published by World Bank Publications. This book was released on 2023-02-17 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is expected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia’s invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs) is expected to remain below its average rate of the past two decades. Further adverse shocks could push the global economy into recession. Small states are especially vulnerable to such shocks because of the reliance on external trade and financing, limited economic diversification, elevated debt, and susceptibility to natural disasters. Against this backdrop, it is critical that EMDE policy makers ensure that any fiscal support is focused on vulnerable groups, that inflation expectations remain well anchored, and that financial systems continue to be resilient. Urgent global and national efforts are also needed to mitigate the risks of global recession and debt distress in EMDEs and to support a major increase in EMDE investment.

Global Economic Prospects, January 2022

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 146481760X
Total Pages : 420 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2022 by : World Bank Group

Download or read book Global Economic Prospects, January 2022 written by World Bank Group and published by World Bank Publications. This book was released on 2022-01-01 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

OECD Economic Outlook, Volume 2021 Issue 2

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264655719
Total Pages : 225 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis OECD Economic Outlook, Volume 2021 Issue 2 by : OECD

Download or read book OECD Economic Outlook, Volume 2021 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2021-12-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.

Report of the Inter-agency Task Force on Financing for Development 2022

Author : Department of Economic and Social Affairs
Publisher : United Nations
ISBN 13 : 9210014243
Total Pages : 208 pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis Report of the Inter-agency Task Force on Financing for Development 2022 by : Department of Economic and Social Affairs

Download or read book Report of the Inter-agency Task Force on Financing for Development 2022 written by Department of Economic and Social Affairs and published by United Nations. This book was released on 2022-04-12 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financing for Sustainable Development Report (FSDR) assesses progress in implementing the commitments and actions in the Addis Ababa Action Agenda.

The Evolution of Public Debt Vulnerabilities In Lower Income Economies

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
ISBN 13 : 1513529110
Total Pages : 56 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The Evolution of Public Debt Vulnerabilities In Lower Income Economies by : International Monetary Fund. Strategy, Policy, & Review Department

Download or read book The Evolution of Public Debt Vulnerabilities In Lower Income Economies written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2020-02-10 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public debt in lower-income economies (LIEs) has risen in recent years, with half of the countries covered in this report now assessed to be at high risk of or already in debt distress.

Liberia

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1513547283
Total Pages : 60 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Liberia by : International Monetary Fund. African Dept.

Download or read book Liberia written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2020-06-12 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Liberia’s Request for Disbursement Under the Rapid Credit Facility. The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern. The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves. Preliminary data suggest that performance under the Extended Credit Facility-supported program has been weak, though the authorities are fully committed to address the weaknesses. In order to address the shortage of Liberian dollars and the growing need for more US dollar liquidity, the authorities have contracted the printing of additional Liberian dollar bank notes and are formulating measures for inclusion in the FY2021 budget to augment US dollar liquidity.

People's Republic of China

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484314727
Total Pages : 77 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis People's Republic of China by : International Monetary Fund. Asia and Pacific Dept

Download or read book People's Republic of China written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-08-15 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.

Public Sector Debt Statistics

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 161635156X
Total Pages : 230 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis Public Sector Debt Statistics by : International Monetary Fund

Download or read book Public Sector Debt Statistics written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-08 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.

Finance for Growth

Author :
Publisher : World Bank Publications
ISBN 13 : 9780195216059
Total Pages : 232 pages
Book Rating : 4.2/5 (16 download)

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Book Synopsis Finance for Growth by :

Download or read book Finance for Growth written by and published by World Bank Publications. This book was released on 2001 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: CD-ROM contains: Research and background information for the report.

Sustainable Development Report 2021

Author : Jeffrey Sachs
Publisher : Cambridge University Press
ISBN 13 : 1009098918
Total Pages : 517 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Sustainable Development Report 2021 by : Jeffrey Sachs

Download or read book Sustainable Development Report 2021 written by Jeffrey Sachs and published by Cambridge University Press. This book was released on 2021-10-14 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains insights on current issues in research on sustainable development, featuring the SDG Index and Dashboards.

Central African Economic and Monetary Community (CEMAC)

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498324762
Total Pages : 46 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Central African Economic and Monetary Community (CEMAC) by : International Monetary Fund. African Dept.

Download or read book Central African Economic and Monetary Community (CEMAC) written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-07-09 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The regional strategy has helped stabilize the regional economic position thanks to large fiscal consolidation efforts, a tighter monetary policy, and external financial assistance. The external position improved, and external reserves picked up. However, the region remains dependent on oil revenues, with little progress in economic diversification, under-performing budget non-oil revenues and weaknesses in the financial sector. The policy assurances included in BEAC’s letter of December 2018 were implemented as planned and the CEMAC authorities reiterated their full commitment to the strategy and their readiness to implement additional corrective measures if needed. Progress was made towards new IMF-supported program in Congo and Equatorial Guinea.

Rebuilding the Global Economy

Author : Adam S. Posen
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327433
Total Pages : 315 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Rebuilding the Global Economy by : Adam S. Posen

Download or read book Rebuilding the Global Economy written by Adam S. Posen and published by Peterson Institute for International Economics. This book was released on 2021-02 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: A special series outlining policy priorities and solutions in 2021 by the Peterson Institute for International Economics.

Global Investment Competitiveness Report 2019/2020

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464815437
Total Pages : 321 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Investment Competitiveness Report 2019/2020 by : World Bank Group

Download or read book Global Investment Competitiveness Report 2019/2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.

Development Co-operation Report 2020 Learning from Crises, Building Resilience

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264481311
Total Pages : 300 pages
Book Rating : 4.2/5 (644 download)

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Book Synopsis Development Co-operation Report 2020 Learning from Crises, Building Resilience by : OECD

Download or read book Development Co-operation Report 2020 Learning from Crises, Building Resilience written by OECD and published by OECD Publishing. This book was released on 2020-12-22 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The devastating impacts of coronavirus (COVID-19) on developing countries have tested the limits, ingenuity and flexibility of development co-operation while also uncovering best practices. This 58th edition of the Development Co-operation Report draws out early insights from leaders, OECD members, experts and civil society on the implications of coronavirus (COVID-19) for global solidarity and international co-operation for development in 2021 and beyond.

Financing for Sustainable Development Report 2021

Author : United Nations
Publisher : UN
ISBN 13 : 9789211014426
Total Pages : 208 pages
Book Rating : 4.0/5 (144 download)

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Book Synopsis Financing for Sustainable Development Report 2021 by : United Nations

Download or read book Financing for Sustainable Development Report 2021 written by United Nations and published by UN. This book was released on 2021-05-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses progress in implementing the commitments and actions in the Addis Ababa Action Agenda. The global economic recession and financial turmoil from COVID-19 (coronavirus) are derailing implementation of the Agenda and achievement of the Sustainable Development Goals (SDGs). Even before the pandemic, the 2020 Financing for Sustainable Development Report (FSDR) of the Inter-agency Task Force noted that there was backsliding in many areas. Due to the crisis, global financial markets have witnessed heavy losses and intense volatility. Particularly worrisome is the prospect of a new debt crisis. The FSDR highlights both immediate and longer-term actions, including arresting the backslide, to respond to the COVID-19 crisis. Recommendations are included in the report.