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Regional Economic Outlook, April 2019, Sub-Saharan Africa

Recovery Amid Elevated Uncertainty

The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

What does it really mean?: A Deficit in the Balance of Payments

What does it really mean?: A Deficit in the Balance of Payments »

Source: Finance & Development, September 1966

Volume/Issue: 3/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1966

ISBN: 9781616352837

Keywords: capital formation, economic development, economic development institute, capital movements

This paper reviews the development of Iran under the IMF's assistance. Iran has made considerable use of the IMF's resources. It joined the IMF in 1945 with an original quota of US$25 million. The quota has been pe...

The Fund’s new Balance of Payments Manual: How the new version, that supersedes the 1961 edition, was compiled, what it contains, and the ways in which it differs from the earlier editions

The Fund’s new Balance of Payments Manual: How the new version, that supersedes the 1961 edition, was compiled, what it contains, and the ways in which it differs from the earlier editions »

Source: Finance & Development, March 1978

Volume/Issue: 15/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1978

ISBN: 9781616353322

Keywords: finance, bank, developing countries, monetary fund, economic development

This paper highlights that 1977 was an eventful year for the IMF. Drawing on the IMF's resources during 1977 totaled more than SDR 3.4 billion. These were accompanied by a record volume of repurchases, which reduce...

Foreign Direct Investment and Women Empowerment: New Evidence on Developing Countries

Foreign Direct Investment and Women Empowerment: New Evidence on Developing Countries »

Source: Foreign Direct Investment and Women Empowerment: New Evidence on Developing Countries

Volume/Issue: 2018/25

Series: IMF Working Papers

Author(s): Rasmané Ouedraogo , and Elodie Marlet

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 January 2018

ISBN: 9781484339732

Keywords: Foreign direct investment, gender development, gender inequality, Globalization: Economic Development, Economics of Gender, General

This paper assesses the effects of foreign direct investment (FDI) on gender development and gender inequality. In fact, FDI through increased labor demand, technological spillovers but mostly through corporate soc...

Do Remittances Reduce Aid Dependency?

Do Remittances Reduce Aid Dependency? »

Source: Do Remittances Reduce Aid Dependency?

Volume/Issue: 2011/246

Series: IMF Working Papers

Author(s): Maelan Le Goff , and Kangni Kpodar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463923259

Keywords: Development aid, aid flows, aid dependency, bilateral aid, aid allocation, International Factor Movements and International Business: General, Economic Development: General,

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remitt...

Education Systems and Foreign Direct Investment

Education Systems and Foreign Direct Investment »

Source: Education Systems and Foreign Direct Investment : Does External Efficiency Matter?

Volume/Issue: 2017/79

Series: IMF Working Papers

Author(s): Elise Wendlassida Miningou , and Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2017

ISBN: 9781475590234

Keywords: Human capital, FDI, Education System, External Efficiency, Education and Economic Development

This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it focuses on the external efficiency and applies a frontier-based measure as a proxy of the abili...

Remittances, Financial Development, and Growth

Remittances, Financial Development, and Growth »

Source: Remittances, Financial Development, and Growth

Volume/Issue: 2005/234

Series: IMF Working Papers

Author(s): Marta Ruiz-Arranz , and Paola Giuliano

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2005

ISBN: 9781451862539

Keywords: financial development, growth, system GMM, impact of remittances, migration, remittance, statistics, Economic Growth of Open Economies,

There has been little systematic empirical study on the relationship between remittances and growth. This paper attempts to examine this relationship. Using a newly constructed crosscountry of data series for remit...

Growth and Capital Flows with Risky Entrepreneurship

Growth and Capital Flows with Risky Entrepreneurship »

Source: Growth and Capital Flows with Risky Entrepreneurship

Volume/Issue: 2010/37

Series: IMF Working Papers

Author(s): Damiano Sandri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451962802

Keywords: Investment Risk, Saving, Financial Development, Growth, entrepreneurs, entrepreneurship, Mathematical Methods And Programming, Production, Employment, And Investment

This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account i...

Rainfall, Financial Development, and Remittances

Rainfall, Financial Development, and Remittances »

Source: Rainfall, Financial Development, and Remittances : Evidence From Sub-Saharan Africa

Volume/Issue: 2011/153

Series: IMF Working Papers

Author(s): Rabah Arezki , and Markus Bruckner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

ISBN: 9781455290666

Keywords: Transitory Income Shocks, Financial Development, significance level, fixed effects, dependent variable, International Factor Movements and International Business: General, International Finance: General, Economic Development: General,

We use annual variation in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 42 Sub-Saharan African countries during the period 1960-2007. Our main finding i...

Country Focus: Building a better future at home: remittances in Moldova

Country Focus: Building a better future at home: remittances in Moldova »

Source: IMF Survey, Volume 35, Issue 03

Volume/Issue: 35/3

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2006

ISBN: 9781451967784

Keywords: capital market, international capital, development bank, Consumer Expenditure, Economic Development. Environmental Aspects, International Capital Market. Volatility, International Economic Integration, International Monetary Fund (imf), Nobel Prizes, Organizational Structure

New IMF financial sector department; Short takes: Oman, C.A.R., Greece; Nobelist Wangari Matthai on sustainable development; Moldova and remittances; Financial globalization; VAT refunds; Emerging markets alter fin...

A Gravity Model of Workers' Remittances

A Gravity Model of Workers' Remittances »

Source: A Gravity Model of Workers' Remittances

Volume/Issue: 2006/290

Series: IMF Working Papers

Author(s): Erik Lueth , and Marta Ruiz-Arranz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865509

Keywords: Bilateral remittance flows, gravity model, remittances, remittance, remittance flows, exchange rate, bilateral remittance, Macroeconomic Analyses of Economic Development,

This paper creates the first dataset of bilateral remittance flows for a limited set of developing countries and estimates a gravity model for workers' remittances. We find that most of the variation in bilateral r...