Tanzania's Debt Problem and the World Economy

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Publisher :
ISBN 13 :
Total Pages : 162 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Tanzania's Debt Problem and the World Economy by : Haroub Othman

Download or read book Tanzania's Debt Problem and the World Economy written by Haroub Othman and published by . This book was released on 1990 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Waves of Debt

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Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Structural Adjustment, Economic Performance, and Aid Dependency in Tanzania

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Publisher : International Monetary Fund
ISBN 13 : 1451848749
Total Pages : 44 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Structural Adjustment, Economic Performance, and Aid Dependency in Tanzania by : Mr.Michael Mered

Download or read book Structural Adjustment, Economic Performance, and Aid Dependency in Tanzania written by Mr.Michael Mered and published by International Monetary Fund. This book was released on 1993-08-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tanzania’s adjustment program, which began in the mid-1980s, was accompanied by a sharp increase in the levels of foreign assistance. Previous studies, using published data, have not reflected much improvement in economic performance during the reform period. This paper attempts to shed new light on the relationship between adjustment and aid dependency in Tanzania, by adjusting the macroeconomic database to correct for data deficiencies in several important respects. A subsequent comparison with other sub-Saharan African countries shows that, contrary to traditional interpretation, Tanzania’s increased dependence on foreign assistance did not lead to a deterioration in domestic savings performance. Efficiency of investment, however, has been substantially lower in Tanzania.

From the Cradle ...

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Publisher :
ISBN 13 :
Total Pages : 117 pages
Book Rating : 4.:/5 (65 download)

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Book Synopsis From the Cradle ... by : Hannah Piek

Download or read book From the Cradle ... written by Hannah Piek and published by . This book was released on 1988 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Debt Crisis in the LDC's

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Debt Crisis in the LDC's by :

Download or read book The Debt Crisis in the LDC's written by and published by . This book was released on 1998 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Tanzania

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Publisher : International Monetary Fund
ISBN 13 : 1451838336
Total Pages : 82 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Tanzania by : International Monetary Fund

Download or read book Tanzania written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-01-23 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Tanzania

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Publisher : Oxford University Press
ISBN 13 : 0191009989
Total Pages : 344 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Tanzania by : Christopher S. Adam

Download or read book Tanzania written by Christopher S. Adam and published by Oxford University Press. This book was released on 2016-12-22 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, the third in the Africa: Policies for Prosperity series, is concerned with the challenges of securing economic prosperity in Tanzania over the coming decades. Building on widespread economic reforms in the early 1990s, Tanzania has recorded steady economic growth over the last two decades, despite the downturn in global economic fortunes since 2008. The process of reform is continuous, however, and the challenge facing the current generation of policymakers is how to harness these favourable gains in macroeconomic stability and turn them into a coherent strategy for labour-intensive, inclusive growth over the coming decades. The next twenty years offer huge opportunity but also huge challenges to Tanzania. The pace of economic transformation and integration into the regional and global economy is picking up; society is becoming much more urban and with population growth remaining high, the need for high-quality employment, especially amongst the young, has never been so pressing. At the same time, the discovery of large natural gas reserves and a programme of heavy investment in transport and communications infrastructure creates the opportunity for Tanzania not just to exploit its natural locational advantage, but to finance the investment in this transformation. This volume brings leading international and national scholars into the policy arena to examine these challenges and to lay out, in a rigorous but accessible manner, economic policy options facing policymakers in Tanzania.

Tanzania at the Turn of the Century

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Publisher : World Bank Publications
ISBN 13 : 9780821350614
Total Pages : 370 pages
Book Rating : 4.3/5 (56 download)

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Book Synopsis Tanzania at the Turn of the Century by : B. J. Ndulu

Download or read book Tanzania at the Turn of the Century written by B. J. Ndulu and published by World Bank Publications. This book was released on 2002-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies lessons from Tanzania's development experience over the past four decades, and assesses how a higher sustained growth and a better livelihood for its citizens in the future can be achieved. The background papers: review and evaluate the country's growth and poverty reduction performance; highlight the strategic and institutional imperatives needed for developing sustained growth and reducing poverty; and consider the development of the private sector and its increased role in the growth and modernisation of the Tanzanian economy.

Economic Policy and Household Welfare During Crisis and Adjustment in Tanzania

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Publisher : NYU Press
ISBN 13 : 0814779824
Total Pages : 232 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Economic Policy and Household Welfare During Crisis and Adjustment in Tanzania by : Alexander H. Sarris

Download or read book Economic Policy and Household Welfare During Crisis and Adjustment in Tanzania written by Alexander H. Sarris and published by NYU Press. This book was released on 1993-09 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines the economic structure of Tanzania, now the fourth poorest country in the world, and the impact of previous policies and current stabilization and adjustment measures on the poorer segments of the population. Examining agriculture, income, poverty, and macroeconomic policy and performance, concludes that official policy has had no major effect on most people. Annotation copyright by Book News, Inc., Portland, OR

United Republic of Tanzania

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Publisher : International Monetary Fund
ISBN 13 : 1498313221
Total Pages : 51 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis United Republic of Tanzania by : International Monetary Fund. African Dept.

Download or read book United Republic of Tanzania written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-07-25 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Economic background and outlook. Tanzania has enjoyed strong and stable growth, projected to remain at 7 percent next year and in the medium term. Inflation is at 6 percent, gradually converging to the authorities’ 5 percent medium-term objective. The external current account deficit remains among the largest in the region, at 14 percent of GDP this year. Fiscal revenue shortfalls and overruns in domestically-financed spending led the deficit to rise to 6.8 percent of GDP in 2012/13. Revenue shortfalls in 2013/14 compared to the budget approved by parliament have prompted the authorities to undertake expenditure cuts during the fiscal year in an effort to meet their 5 percent of GDP target. Based on the debt sustainability analysis, Tanzania remains at low risk of debt distress. Recent program engagement. Tanzania concluded its final review under a Standby Credit Facility (SCF) arrangement, together with its Article IV consultations, on April 25, 2014. The SCF expired on April 30, 2014. Key challenges. Over the next three years, policymakers will face several challenges, including the following: • Step up needed investment in infrastructure while protecting critical social spending. These objectives will need to be pursued following careful prioritization, to preserve government debt sustainability. • Prepare for natural gas. If recent discoveries of sizeable offshore natural gas deposits are confirmed as commercially viable, sizable fiscal revenues would need to be managed to bring benefits to all Tanzanians. Against this background, the authorities are requesting a three-year PSI to be in place by the start of FY2014/15. They see the PSI as an appropriate instrument to underpin the close policy dialogue with staff, provide a positive signal to donors and markets, and safeguard policy discipline. Staff supports the authorities’ request for a PSI.

Debt Relief and Growth

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Debt Relief and Growth by : Arne Bigsten

Download or read book Debt Relief and Growth written by Arne Bigsten and published by . This book was released on 2001 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

United Republic of Tanzania

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Publisher : International Monetary Fund
ISBN 13 : 148434006X
Total Pages : 53 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis United Republic of Tanzania by : International Monetary Fund. African Dept.

Download or read book United Republic of Tanzania written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-01-14 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Macroeconomic developments remain favorable. Economic growth was strong during the first half of 2014 and is expected to remain close to 7 percent. Inflation remains in mid-single digits, consistent with the authorities’ target of 5 percent by June 2015. New national accounts statistics show an upward revision of the 2007 GDP by 28 percent. The full series will be reflected in the program at the next review. Program performance through June was broadly satisfactory but has deteriorated since and risks have risen. While all end-June assessment criteria were met, most end-September indicative targets were missed. The continuous assessment criterion on non-accumulation of external arrears was also missed and structural reform implementation was slower than expected. These developments reflect a range of factors, including delays in donor financing related to governance concerns, delays in mobilizing external non-concessional borrowing (ENCB), revenue shortfalls, the authorities’ decision to front-load domestically-financed capital expenditure, and coordination issues. Discussions focused on how to mitigate risks to budget implementation related to financing uncertainty and revenue shortfalls. Meeting the fiscal deficit target for 2014/15 will require revising downward revenue and expenditure during the mid-year budget review. Addressing forcefully and expeditiously the governance concerns arising from the IPTL case will be critical both for the resumption of donor financing and the business environment. In the meantime, the financing mix will tilt towards larger and more front-loaded ENCB. Better coordination of monetary and fiscal policies is required to reduce, and eventually eliminate, recourse to conversion of liquidity paper into financing paper. Government arrears will be addressed comprehensively. A plan to verify and clear existing suppliers’ arrears (which continued to accumulate in 2013/14), better monitor, and prevent the emergence of new ones will be implemented in the coming year. Broad principles of a strategy to deal with arrears to pension funds have been agreed. Staff supports the authorities’ request for the completion of the first PSI review, and proposes a waiver for non-observance of an assessment criterion and the modification of assessment criteria.

The IMF, the World Bank, and the African Debt: The economic impact

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Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The IMF, the World Bank, and the African Debt: The economic impact by : Bade Onimode

Download or read book The IMF, the World Bank, and the African Debt: The economic impact written by Bade Onimode and published by . This book was released on 1989 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. 1. The economic impact -- v. 2. The social and political impact.

United Republic of Tanzania

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Publisher : International Monetary Fund
ISBN 13 : 1475552483
Total Pages : 53 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis United Republic of Tanzania by : International Monetary Fund. African Dept.

Download or read book United Republic of Tanzania written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-01-14 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Macroeconomic developments remain favorable. Economic growth was strong during the first half of 2014 and is expected to remain close to 7 percent. Inflation remains in mid-single digits, consistent with the authorities’ target of 5 percent by June 2015. New national accounts statistics show an upward revision of the 2007 GDP by 28 percent. The full series will be reflected in the program at the next review. Program performance through June was broadly satisfactory but has deteriorated since and risks have risen. While all end-June assessment criteria were met, most end-September indicative targets were missed. The continuous assessment criterion on non-accumulation of external arrears was also missed and structural reform implementation was slower than expected. These developments reflect a range of factors, including delays in donor financing related to governance concerns, delays in mobilizing external non-concessional borrowing (ENCB), revenue shortfalls, the authorities’ decision to front-load domestically-financed capital expenditure, and coordination issues. Discussions focused on how to mitigate risks to budget implementation related to financing uncertainty and revenue shortfalls. Meeting the fiscal deficit target for 2014/15 will require revising downward revenue and expenditure during the mid-year budget review. Addressing forcefully and expeditiously the governance concerns arising from the IPTL case will be critical both for the resumption of donor financing and the business environment. In the meantime, the financing mix will tilt towards larger and more front-loaded ENCB. Better coordination of monetary and fiscal policies is required to reduce, and eventually eliminate, recourse to conversion of liquidity paper into financing paper. Government arrears will be addressed comprehensively. A plan to verify and clear existing suppliers’ arrears (which continued to accumulate in 2013/14), better monitor, and prevent the emergence of new ones will be implemented in the coming year. Broad principles of a strategy to deal with arrears to pension funds have been agreed. Staff supports the authorities’ request for the completion of the first PSI review, and proposes a waiver for non-observance of an assessment criterion and the modification of assessment criteria.

Public Debt Sustainability and Debt Dynamics

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Publisher :
ISBN 13 : 9789292568696
Total Pages : pages
Book Rating : 4.5/5 (686 download)

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Book Synopsis Public Debt Sustainability and Debt Dynamics by : Maureen Were

Download or read book Public Debt Sustainability and Debt Dynamics written by Maureen Were and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising public debt in sub-Saharan Africa remains a matter of concern. We provide an analysis of public debt and debt sustainability in Tanzania, focusing on external debt. Though current and previous analyses using the IMF-World Bank debt sustainability framework indicate low risk of public external debt distress, these analyses are sensitive to exchange rate volatility and export shocks and are predicated on strong assumptions of robust future economic growth and reduced government borrowing. Moreover, empirical evidence of debt sustainability based on the fiscal reaction function approach is weak. The challenge lies in ensuring debt remains sustainable, given the need to scale up development expenditure to address infrastructure gaps amid dwindling donor financing and vulnerability to exogenous shocks, particularly in light of the COVID-19 pandemic. Rapid debt accumulation-particularly commercial debt-could expose Tanzania to external risks. Leveraging on concessional borrowing, efficient public investment, enhanced debt management, and domestic resource mobilization are critical.

International Debt Statistics 2021

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Publisher : World Bank Publications
ISBN 13 : 1464816115
Total Pages : 227 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis International Debt Statistics 2021 by : World Bank

Download or read book International Debt Statistics 2021 written by World Bank and published by World Bank Publications. This book was released on 2020-12-21 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015†“19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank’s Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics.

In the Wake of the Crisis

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Publisher : MIT Press
ISBN 13 : 0262526824
Total Pages : 251 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis In the Wake of the Crisis by : Olivier Blanchard

Download or read book In the Wake of the Crisis written by Olivier Blanchard and published by MIT Press. This book was released on 2014-08-29 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prominent economists reconsider the fundamentals of economic policy for a post-crisis world. In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital-account management, growth strategies, the international monetary system, and the economic models that should underpin thinking about critical policy choices. Contributors Olivier Blanchard, Ricardo Caballero, Charles Collyns, Arminio Fraga, Már Guðmundsson, Sri Mulyani Indrawati, Otmar Issing, Olivier Jeanne, Rakesh Mohan, Maurice Obstfeld, José Antonio Ocampo, Guillermo Ortiz, Y. V. Reddy, Dani Rodrik, David Romer, Paul Romer, Andrew Sheng, Hyun Song Shin, Parthasarathi Shome, Robert Solow, Michael Spence, Joseph Stiglitz, Adair Turner