Republic Of Madagascar Request For Disbursement Under The Rapid Credit Facility Staff Report Press Release And Statement By The Executive Director For The Republic Of Madagascar

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498347363
Size: 19.15 MB
Format: PDF, Mobi
View: 1863
Download Read Online

This paper focuses on Madagascar’s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition and economic uncertainty since 2009. However, these disruptions have constrained growth and fiscal revenue, leading to a sharp compression of public investment and social outlays. The authorities are requesting a disbursement under the RCF. They also see the RCF as a stepping stone for a possible future arrangement addressing Madagascar’s medium-term challenges and as a positive signal to development partners. The IMF staff supports the authorities’ request for a disbursement under the RCF.

Republic Of Madagascar

Author:
Publisher:
ISBN:
Size: 55.35 MB
Format: PDF, ePub, Mobi
View: 6672
Download Read Online

Madagascar's economic recovery has failed to gain momentum in 2015, due largely to external shocks, persistent political instability, and weak governance. Nonetheless, the authorities have implemented an adequate policy mix that has broadly maintained macroeconomic stability. However, current growth and investment outcomes are not sufficient to make significant progress in improving social conditions, and increased revenue and external financing are needed to meet large infrastructure and social needs. Balance of payments needs remain both urgent and protracted.

Republic Of Madagascar

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475525125
Size: 26.51 MB
Format: PDF, ePub, Docs
View: 3583
Download Read Online

Madagascar is a fragile country striving to recover from an extended political crisis and international isolation from 2009 to 2013, during which key social and developmental indicators deteriorated. Low revenue collection, substantial low-priority public spending, and governance problems are holding back recovery. Nevertheless, broadly satisfactory performance under the six-month staff monitored program that ended in March 2016 is a sign of improving implementation capacity.

Central African Republic

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475523726
Size: 76.38 MB
Format: PDF
View: 6265
Download Read Online

The Central African Republic (C.A.R.) is at a turning point, with the return to democratic institutions since April 1, 2016 offering prospects of ending the cycle of violent conflicts and political instability that has beleaguered the country since end-2012 and also engineering a turnaround to rebuild its economy, reduce poverty, and exit progressively from fragility. Three disbursements under the Rapid Credit Facility (RCF) helped to address urgent balance of payments needs and restore macroeconomic stability during the protracted political transition that lasted from January 2014 to March 2016. The newly elected government is focusing on reforms for a progressive exit from fragility, including improving security, consolidating the peace and the reconciliation process, rebuilding government institutions, and strengthening economic management.

The Global Social Crisis

Author: United Nations
Publisher: UN
ISBN:
Size: 41.25 MB
Format: PDF, Kindle
View: 1769
Download Read Online

During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.

Imf Financial Operations 2016

Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1475551886
Size: 56.14 MB
Format: PDF, ePub, Docs
View: 1591
Download Read Online

IMF Financial Operations 2016 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF's activities during the most recent financial year. This publication (currently in its third edition) updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF's structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including reform of the IMF’s income model, measures taken in response to the global financial crisis of 2007–09, and the institutional reforms aimed at ensuring that the IMF's governance structure evolves in line with developments in the global economy.

Yes Africa Can

Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Size: 47.87 MB
Format: PDF, Kindle
View: 3064
Download Read Online

Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.

Financial Integration In Latin America

Author: Mr.Charles Enoch
Publisher: International Monetary Fund
ISBN: 1475577141
Size: 53.61 MB
Format: PDF, Docs
View: 5864
Download Read Online

With growth slowing across much of the Latin America as a result of the end of the commodity supercycle and economic rebalancing in China, as well as fragmentation of the international banking system, policies to stimulate growth are needed. This book examines the financial landscapes of seven Latin American economies—Brazil, Chile, Colombia, Mexico, Panama, Peru, and Uruguay—and makes a case for them to pursue regional financial integration. Chapters set out the benefits to the region of financial integration, the barriers to cross-border activity in banks, insurance companies, pension funds, and capital markets, as well as recommendations to address these barriers. Finally, the volume makes the case that regional integration now could be a step toward global integration in the short term.

The Cosmopolites

Author: Atossa Abrahamian
Publisher:
ISBN: 9780990976363
Size: 70.64 MB
Format: PDF, ePub, Mobi
View: 4931
Download Read Online

The cosmopolites are literally "citizens of the world," from the Greek word kosmos, meaning "world," and polites, or "citizen." Garry Davis, aka World Citizen No. 1, and creator of the World Passport, was a former Broadway actor and World War II bomber pilot who renounced his American citizenship in 1948 as a form of protest against nationalism, sovereign borders, and war. Today there are cosmopolites of all stripes, rich or poor, intentional or unwitting, from 1-percenters who own five passports thanks to tax-havens to theBidoon, the stateless people of countries like the United Arab Emirates. Journalist Atossa Abrahamian, herself a cosmopolite, travels around the globe to meet the people who have come to embody an increasingly fluid, borderless world. Along the way you are introduced to a colorful cast of characters, including passport-burning atheist hackers, the new Knights of Malta, California libertarian "seasteaders," who are residents of floating city-states,Bidoons, who have been forced to be citizens of the island nation Comoros, entrepreneurs in the business of buying and selling passports, cosmopolites who live on a luxury cruise ship calledThe World, and shady businessmen with ties to Syrian dictator Bashar al Assad.

China Returns To Africa

Author: Chris Alden
Publisher: Columbia University Press
ISBN: 9780231700986
Size: 45.34 MB
Format: PDF, Docs
View: 6193
Download Read Online

Addressing the key issues in contemporary China-Africa relations, this title moves beyond narrow media-driven concerns to offer a survey of China's return to Africa, examining what this new relationship holds for diplomacy, trade and development.