Narrow Your Choices

Refine By Type

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Browse

You are looking at 1 - 10 of 20 items for :

  • Economic theory and methods x
Clear All
Cover IMF Staff Country Reports
Zimbabwe: Staff Report for the 2022 Article IvV Consultation—Informational Annex
International Monetary Fund. African Dept.

ZIMBABWE

Keywords:
foreign exchange auction; CPI compilation method; Zimbabwe Idai recovery Project; IMFTA mission review ec CPI method; Zimbabwe FSSR; External sector statistics; Exchange rates
Cover Departmental Papers
Front Matter
Mr. Itai Agur, Mr. Damien Capelle, Mr. Giovanni Dell'Ariccia, and Mr. Damiano Sandri
Keywords:
inflation expectation; announcements of unconventional monetary policy; MF operation; self-fulfilling debt crisis; Inflation; Unconventional monetary policies; Quasi-fiscal operations; Monetary base; Global
Cover Departmental Papers
Monetary Finance: Do Not Touch, or Handle with Care?
Mr. Itai Agur, Mr. Damien Capelle, Mr. Giovanni Dell'Ariccia, and Mr. Damiano Sandri

This paper reviews the theoretical arguments in favor and against MF and presents an empirical assessment of the risks that it may pose for inflation.

Keywords:
central bank purchase; central banks credibility; inflation risk; central bank loss; inflation rate
Cover IMF Working Papers
The Heavy Economic Toll of Gender-based Violence: Evidence from Sub-Saharan Africa
Rasmané Ouedraogo and Mr. David Stenzel
The COVID-19 pandemic and lockdowns have led to a rise in gender-based violence. In this paper, we explore the economic consequences of violence against women in sub-Saharan Africa using large demographic and health survey data collected pre-pandemic. Relying on a two-stage least square method to address endogeneity, we find that an increase in the share of women subject to violence by 1 percentage point can reduce economic activities (as proxied by nightlights) by up to 8 percent. This economic cost results from a significant drop in female employment. Our results also show that violence against women is more detrimental to economic development in countries without protective laws against domestic violence, in natural resource rich countries, in countries where women are deprived of decision-making power and during economic downturns. Beyond the moral imperative, the findings highlight the importance of combating violence against women from an economic standpoint, particularly by reinforcing laws against domestic violence and strengthening women’s decision-making power.
Keywords:
Gender-based violence; economic development; sub-Saharan Africa; evidence from Sub-Saharan Africa; effects of decision-making power; consequences of violence; effects of law; effects of natural resources; Women; Employment; Estimation techniques; Gender inequality; Sub-Saharan Africa
Cover IMF Staff Country Reports
Zimbabwe: Technical Assistance Report-Government Finance Statistics
International Monetary Fund. Statistics Dept.
As part of a five-year project of the Enhanced Data Dissemination Initiative (EDDI) 2 Government Finance Statistics (GFS) Module on improving GFS and public-sector debt statistics in selected African countries, a mission was conducted in Harare, Zimbabwe during April 15–26, 2019. This mission was a follow up on a 2018 GFS technical assistance (TA) mission under the EDDI 2. The mission’s objective was to review progress made and assisting with outstanding statistical issues that are important for sound policymaking in Zimbabwe. Some of the key outstanding issues raised by the IMF African Department prior to the mission were, the classification of government subsidies to state owned enterprises (SOEs); the identification of extrabudgetary units (EBUs) and classification of their operations; and the correct classification of other government transactions in line with a Government Finance Statistics Manual (GFSM) 2014 framework.
Keywords:
ISCR; CR; government; outturn data; government balance sheet; ministry; consideration government subsidy; authorities in the MoFED; government pension liability; Government finance statistics; Pensions; Financial statements; Pension spending; Public sector
Cover IMF Staff Country Reports
Zimbabwe: Staff Report for the 2019 Article IV Consultation—Informational Annex
International Monetary Fund. African Dept.

2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zimbabwe

Keywords:
ISCR; CR; Zimbabwe; government; debt; Zimbabwean authorities; currency; Zimbabwe dollar; Zimbabwean government; review government's shareholding; climate shock; Monetary base; Currencies; Agricultural sector; Sub-Saharan Africa; Africa; Global; IMF TA mission; financial asset; FX allocation; FX proceeds; FX transaction; External sector statistics; Government finance statistics
Cover IMF Staff Country Reports
Zimbabwe: Staff Report for the 2017 Article IV Consultation—Informational Annex
International Monetary Fund. African Dept.

2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zimbabwe

Keywords:
ISCR; CR; authority; debt; Zimbabwean authorities; current account; fund TA; work program; fund staff; fund team; Zimbabwe dollar; External sector statistics; Extra-budgetary funds
Cover IMF Working Papers
Arrears to the IMF – A Ghost of the Past?
Anne Oeking and Mariusz A. Sumlinski
In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal methods. In addition, we analyze determinants of the duration of arrears. We find that previous arrears, reserves coverage, and institutional quality are among the main determinants of arrears. In addition, we identify a role for political developments, including civil unrest, which make arrears more likely to arise and to last longer. We conclude that improved macroeconomic conditions and turnaround of political fortunes would help to clear the currently remaining protracted arrears cases.
Keywords:
WP; arrears case; IMF credit; arrears occurrence; protracted arrears; arrears clearance; Arrears; International Monetary Fund; External Debt; clearance path; Credit; Commodity price indexes; Logit models; Global
Cover IMF Staff Country Reports
Zimbabwe: Staff Report for the 2016 Article IV Consultation and the Third Review of the Staff-Monitored Program—Informational Annex
International Monetary Fund. African Dept.

Context. The authorities met all their commitments under the Staff-Monitored Program (SMP), despite economic and financial difficulties. Inadequate external inflows, lower commodity prices, the dollar appreciation, and the El-Niño-induced drought hurt economic activity. The authorities have started to rationalize civil service by exploiting opportunities for cost savings, amended the Public Financial Management and Procurement Acts for Parliament and Cabinet approval, respectively, and rid the financial sector of problem banks and reduced non-performing loans. They garnered broad support for their reengagement strategy from creditors and development partners, in particular their plans to clear arrears to the International Financial Institutions.

Keywords:
ISCR; CR; Zimbabwean authorities; authority; Zimbabwe; Zimbabwe economy; work program; fund staff; development agenda; growth potential; central government; External sector statistics; Government finance statistics; Africa
Cover IMF Staff Country Reports
Zimbabwe: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for Zimbabwe
International Monetary Fund. African Dept.
This 2014 Article IV Consultation highlights that economic rebound in Zimbabwe experienced since the end of hyperinflation in 2009 has now ended. After averaging 10 percent over 2009–2012, growth fell to an estimated 3.3 percent in 2013, reflecting tight liquidity conditions, election-year uncertainty, weak demand for key exports, competitiveness pressures, and the impact of adverse weather conditions. Inflation continued its downward trend from 2.9 percent (year over year) at end-2012 to ?0.3 percent in April 2014. The medium-term outlook, under the baseline scenario, is for growth to average some 4 percent, as large mining sector investments reach full capacity.
Keywords:
ISCR; CR; authority; Zimbabwean authorities; GDP; debt; Zimbabwe; authorities' announcement; debt stock; debt reconciliation exercise; liquidity condition; expenditure measure; Arrears; Public and publicly-guaranteed external debt; External sector statistics; Africa; Asia and Pacific